Opcom hits limit up as shares of telecoms infra players jump on Jendela tender news - News Summed Up

Opcom hits limit up as shares of telecoms infra players jump on Jendela tender news


Opcom Holdings Bhd, which manufactures fibre optic cables, saw its shares hit limit up, rising 29.5 sen or 36.2% to a multi-year high of RM1.11. It was the seventh most active counter on Bursa Malaysia with 95.92 million shares — or 41.6% of its share base of 230.59 million shares — traded. Trading volume surged three times its six-month average to 17.96 million shares. Another telecoms tower builder Rohas Tecnic Bhd closed up four sen or 13.33% at 34 sen, after touching 34.5 sen earlier. Some 17.33 million shares, or 11 times its six-month average, changed hands.


Source: The Edge Markets September 23, 2021 00:00 UTC



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