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YTL, related stocks snap rally after 3Q results

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Publish date: Fri, 24 May 2024, 10:38 AM

KUALA LUMPUR (May 24): Shares of utilities-to-hotels conglomerate YTL Corporation Bhd (KL:YTL) and its related stocks on Friday snapped consecutive days of rally after reporting their third quarter financial results.

YTL fell as much as 9% while YTL Power International Bhd (KL:YTLPOWR) was down nearly 11%. YTL Hospitality REIT (KL:YTLREIT) slipped 0.8% while Malayan Cement Bhd (KL:MCEMENT), also controlled by YTL, declined 3.7%.  

 

 

https://www.theedgemarkets.com/node/712825

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