Public Bank became the most profitable counter in today's trading session after investors dismissed concerns about the Movement Control Order (PKP) and conducted large-scale buying activity following its share price decline over the past few days.
Public Bank shares jumped again by RM1.42 or 7.07% to RM21.50 this morning.
At 11.16am, Public Bank shares rose to RM21.16, jumping RM1.08 or 5.38%.
The counter saw its 4.06 million shares change hands.
Meanwhile, Public Bank through its notification to Bursa Malaysia yesterday said that its shareholders approved the proposed bonus issuance during the annual general meeting (AGM).
Public Bank had earlier proposed to issue up to 15.53 billion new ordinary shares in the bank based on four bonus shares for each existing share
