Shares of Pharmaniaga Bhd continue to rise after limiting up yesterday.
Shares rose as high as 7% during early trade as investors consumed the possibilities of the company supplying vaccines to the private sector, in a bid to ramp up the vaccinations of Malaysians.
Yesterday, the counter soared in the final hour to settle up 29.84%, a limit up for the trading day.
That feat was also a four-month high for the counter, of RM6.57. The counter hovers just over RM7 at point of writing.
It was earlier reported that Pharmaniaga would be ready to supply the vaccines to the private sector once it fulfils its obligation of 12 million doses to the government by July this year.