Malaysian Bulk Carrier Bhd's (Maybulk) share price advanced on Tuesday as analysts upped its share price as demand for dry bulk shipping was seen outpacing supply growth.
MIDF Equities Research revised it from a Neutral and raised the target price from 59 sen to RM1.04.
At 11.54am, it was up three sen to 81 sen. There were 11.98 million shares done.
The FBM KLCI fell 4.89 points or 0.28% to 1,720.35. Turnover was 727.44 million shares valued at RM656.21mil. There were 272 gainers, 414 losers and 310 counters unchanged.
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MIDF Equities Research revised it from a Neutral and raised the target price from 59 sen to RM1.04.
At 11.54am, it was up three sen to 81 sen. There were 11.98 million shares done.
The FBM KLCI fell 4.89 points or 0.28% to 1,720.35. Turnover was 727.44 million shares valued at RM656.21mil. There were 272 gainers, 414 losers and 310 counters unchanged.
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