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Judul : IWCity resumes uptrend in active trade
link : IWCity resumes uptrend in active trade
IWCity resumes uptrend in active trade
KUALA LUMPUR (May 16): Iskandar Waterfront City Bhd (IWCity) shares resumed their uptrend in active trade this morning after a frenzy of buying interest in the stock in afternoon trading session pushed up its share price by 29.9%, or 49 sen, yesterday.
At 9.10am today, IWCity rose 27 sen to RM2.40 with 46.43 million shares traded.
The Edge Financial Daily this morning reported that the spike in interest was fuelled by expectations of a possible reversal of the termination of the 60% stake sale in the Bandar Malaysia project.
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