Yesterday PETDAG trading activity is low, the share at 4:38pm is at RM9.30 just FBM KLCI enter last 10 min closing, PETDAG up RM0.48 to close it at RM9.78 a 5.16% up.
You may see yesterday PETDAG is only trading in 4 price and the vol is vary low. I just think what positive news will roll out or this is just to manipulate the FBM KLCI chart to turn positive and show the index is strong supported.
At RM9.78 only 56,500 unit done and only use RM552,570.00 to save FBM KLCI at positive zone is a vary valued investment.
As we know PETDAG is totally government control share so government also try there best to support and give the best picture of our economic for us to see but inflation in food and living cost already show that Malaysia economic is in red zone.
From the "The Edge" website I read "Share prices end firmer after late rebound" in the report they did not said any thing about PETDAG.