PETALING JAYA: Share prices for a host of poultry players embarked on a mini bull run on Bursa Malaysia yesterday, following Budget 2024 announcement on the temporary lifting of ceiling prices for chicken and eggs.
Lay Hong Bhd
’s share price rose by 12%, or 3.5 sen, to close at 32 sen, while Leong Hup International Bhd (LHI) and TPC Plus Bhd’s share prices firmed 7.6% and 4.8% to settle at 64 sen and 33 sen, respectively.
Other poultry gainers on the market yesterday were PWF Corp Bhd and LTKM Bhd, although Teo Seng Capital Bhd and QL Resources Bhd bucked the climbing trend after posting 6% and 0.5% losses, respectively.
CAB Cakaran Corp Bhd, meanwhile, closed unchanged at 64 sen.
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