Shares of 7-Eleven recover after falling 15% earlier

KUALA LUMPUR: Shares of 7-Eleven Malaysia staged a recovery by midday on Friday after falling as much as 23 sen or 15.3% to RM1.27 earlier.

The sharp fall in the share price saw Bursa Securities suspending the short-selling activities for the rest of the day.

At 12.30pm, it was down just two sen to RM1.48.

The share price had seen volatile trading in recent days.

On May 30, the share price rose to RM1.56 and on June 3, it fell to a low of RM1.31 before recovering.