KUALA LUMPUR: SIG Gases Bhd shares have seen volatile trade in recent days over market talks on an impending corporate exercise.
The counter has been swinging between gains and losses in the past couple of trading days. Its share price plunged more than 7% on Thursday as investors took profit following a steady rise of 12 sen in the stock last week.
The counter fell to RM1.25, 10 sen or 7.41% lower, in late morning trading session with 10.5 million shares traded. It closed two sen higher at RM1.35 on Wednesday.
Year-to-date, SIG has gained more than 201%. It is currently trading at a 55.87 times trailing 12-month earnings per share.
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