While much has been said about the growth of glove stocks and tech counters on Bursa Malaysia, two companies in different sectors — Press Metal Aluminium Holdings Bhd and Petronas Chemicals Group Bhd (PetChem) — have emerged as dark horses in the list of largest companies. Press Metal was the 28th largest company on the exchange on March 31, 2020 with a market capitalisation of RM13.29 billion, according to Bloomberg data. It rose to 22nd place on Sept 30, 2020 with a market value of RM20.77 billion, and has now climbed to eighth place with a value RM40.46 billion.
Press Metal and PetChem emerge as dark horses in Bursa’s largest companies list
2021-04-15T02:00:00-04:00April 15th, 2021|
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