Myr Group Inc. shares rise 3.27% intraday after Citaglobal's MYR15 million investment in hydropower sector.

Myr Group Inc. rose 3.27% intraday, with Citaglobal's investment in the hydropower sector and Maxland Berhad's positive production results and appointments contributing to the bullish sentiment. Citaglobal's MYR15 million investment in the hydropower sector indicates a strategic move towards renewable energy, which is generally seen as a positive development for the industry. Additionally, Maxland Berhad's consistent log production volumes and the appointment of Farah Nadia Binti Fazaruddin to key positions suggest operational stability and strategic leadership, further bolstering investor confidence.