Poh Kong strikes gold on US-Iran attacks

TheStar Thu, Jan 09, 2020 05:21pm - 4 years View Original


Poh Kong and Tomei were among the biggest gainers on the stock exchange yesterday.

PETALING JAYA: Shares of Poh Kong Holdings Bhd surged more than 30% as investors turned towards gold as a safe haven asset in the midst of market turbulence.

This followed yesterday’s attack by Iran on military facilities in Iraq housing American troops.

The attack was reportedly in retaliation to a US airstrike last week which killed one of Iran’s top military commanders.

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