An analyst told Bernama that the macro factors expected to affect the FTSE Bursa Malaysia KLCI next week, includes the Group of Seven(G7) meeting as investors search for clues on the trade outlook, as well as the timing of the next interest rate hike by the US Federal Reserve (Fed) which meets on June 12.
KUALA LUMPUR: G3 Global Bhd
has been issued with an unusual market activity (UMA) query from Bursa Malaysia following rapid advances in its share price.
“Investors are advised to take note of the company's reply to the UMA query, which will be posted on Bursa Malaysia's website under company announcements, when making their investment decision,” the stock exchange said in a statement today.
G3's share price hit its upper daily limit in yesterday's session, rising 32 sen to RM1.39.
It continued its ascent today, ending the morning session 17 sen or 12.23% higher at RM1.56 a share.
Since Tuesday, the counter has put on about 97% of its value.
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