Thursday, March 10, 2011

Pos Malaysia jumps on divestment deadline news

KUALA LUMPUR: Shares of POS MALAYSIA BHD [] jumped in early trade on Thursday, March 10 on reports that Khazanah Nasional Bhd would announce the divestment of its 32% stake to a third party by April 12.

At 9.25am, Pos Malaysia was up 38 sen to RM3.43 with 2.39 million shares done.

The FBM KLCI slipped 0.6 of a point to 1,523.09. Turnover was 130.28 million shares values at RM80.21 million. There were 106 gainers, 123 losers and 139 stocks unchanged.

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