Stock on the move: Focus Dynamics slides after Bursa query

  • Markets
  • Wednesday, 08 Jul 2020

KUALA LUMPUR: Shares of Focus Dynamics fell to a low of RM1.03 on Wednesday after the spike in its share price the previous day triggered a query from Bursa Securities.

At 10.15am, it was down 19 sen to RM1.07. There were 7.84 million shares traded at prices ranging from RM1.03 to RM1.23.

The FBM KLCI was up 8.53 points or 0.54% to 1,575.25. Turnover was 2.45 billion shares valued at RM1.06bil. There were 504 gainers, 219 losers and 381 counters unchanged.

According to its website, Focus Dynamics states it is a fast-growing F&B, entertainment and lifestyle group.

“As an agile and vibrant F&B player, we continuously adopt and embrace digital technologies in our businesses. Integration of digital payments, food delivery services and e-commerce are among some of the group’s efforts to leverage the newest technologies, ” it said.

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