PETALING JAYA: The share price of Pharmaniaga Bhd recorded the strongest surge in 12 months led by temporary contract extension optimism, which Kenanga Research views as a “short-term reprieve” for the integrated pharmaceutical group.
The stock jumped 7.52% or 17 sen to RM2.43 yesterday, with nearly 1.42 million shares changing hands. Pharmaniaga’s intra-day high and low yesterday were recorded at RM2.62 and RM2.42, respectively.
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