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JAG on traders' radar on copper strength

JAG on traders' radar on copper strength

KUALA LUMPUR (Aug 7): JAG Bhd rose as much as 0.5 sen or 3% to become Bursa Malaysia's second most-active stock as China copper prices strengthened near a four-year high.

JAG extracts copper from electronic components which it recycles. The company subsequently sells the metal on the open market.

At Bursa Malaysia, JAG shares rose to their highest so far today at 15 sen.

At 12:30pm, JAG shares settled unchanged at 14 sen with some 23 million shares changing hands.

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