(Nov 18): Automotive and auto part companies have been among the more robust performers on Bursa Malaysia this year, soft economic conditions notwithstanding.
Sales of the national marques have been solid, outperforming the non-national segment.
As at Nov 7, MBM Resources, PECCA Group and DRB-Hicom were leading the pack with hefty share price increases of 94.9%, 76.7% and 44.2% respectively since the beginning of the year. Bermaz Auto Bhd (BAuto) rose a moderate 10%.
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