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UMWOG closes almost 11% up in debut

Keen investor interest in the oil and gas sector enables the stock to hit intra-day high of RM3.18

Published Fri, Nov 1, 2013 · 10:00 PM
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Kuala Lumpur

UMW Oil & Gas Corporation (UMWOG) made a robust debut on the stock exchange yesterday, underscoring keen investor interest in the oil and gas sector.

The counter opened 20 sen above its offer price of RM2.80 and reached an intra-day high of RM3.18 before closing out at RM3.10 for a near 11 per cent gain.

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