KUALA LUMPUR (July 17): Malaysian construction stocks surged on Wednesday to their highest in more than six years, as investors bet that contract awards will pick up, spurred by public infrastructure and private projects.

The Bursa Malaysia Construction Index, which tracks 49 stocks in the sector, rose 3.5% to its highest since February 2018. Top movers Gamuda Bhd (KL:GAMUDA) climbed 31 sen or nearly 4% to RM8.26 per share, while IJM Corp Bhd (KL:IJM) gained 22 sen or more than 6% to RM3.70. 

https://www.theedgemarkets.com/node/719310