KUALA LUMPUR: Shares in Malaysian Resources Corp Bhd jumped to a two-month high, driven by a sudden surge in buying interest towards the end of the trading session. The stock was last traded at 79.5 sen, up 7.5 sen, or 10.4% higher from its previous close. More than 84 million shares changed hands, with most of the transaction done in the last hour of trade. Speculation on MRCB has gone on overdrive -- from the possibility of it seeing the emergence of a new shareholder to its government construction projects getting started again after delays due to the change in the administration at Putrajaya.

Source: thestar October 17, 2018 09:22 UTC