Trading volume on Bursa Malaysia surged to an all-time high of 9.59 billion shares on Wednesday as punters chased penny stocks
KUALA LUMPUR: Trading volume on Bursa Malaysia surged to an all-time high of 9.59 billion shares on Wednesday as punters chased penny stocks but therein the danger lies.
Market watchers said most of the penny stocks surged in morning trade, pushed up by traders in the absence of any strong fundamentals, and luring the newbies and ordinary investors to jump in.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
