Quick take: Vivocom continues to slide, GETS slips

KUALA LUMPUR: Shares of Vivocom and GETS Global fell in mid-morning trade on Thursday as the stocks came under selling pressure after the recent rally.

At 10.40am, Vivocom fell 11 sen to 74.5 sen with 259.58 million shares done. This is the lowest since Nov 4 and off the recent high of RM1.92 on Nov 19.

GETS also lost 11 sen to RM2.85 with 9.64 million shares. It had surged to a high of RM4 on Nov 17.

The FBM KLCI fell 0.83 of a point or 0.05% to 1,596.75. Turnover was 2.52 million shares done valued at RM1.21bil. There were 436 gainers, 423 losers and 468 counters unchanged.

GETS recent price surge in the absence of any fresh news and its unusual market activity had seen Bursa Securities issuing a caution to investors.

GETS provides public transport services consisting express and stage bus operations; and the assembly, sale and after-sale of buses.

As for Vivocom, its core activities comprise of construction, aluminium design and fabrication, and telecommunication engineering services.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 18
Cxense type: free
User access status: 3

GETS Global , Vivocom , Bursa Securities


Did you find this article insightful?


80% readers found this article insightful

Next In Business News

Poh Huat says 543 workers tested positive for Covid
Advancecon unit takes on ECRL subgrade works for RM60.58mil
Bursa bounces higher on Health DG's comments
Hefty fines for unlisted public firms raising funds without prospectus
Kamal Khalid joins Celcom as chief corporate, transformation officer
Public Bank shares jump as bonus shares go ex
Tencent shares drop after nearing US$1 trillion valuation
Ringgit reverses recent losses against greenback
Quick take: Key ASIC rises 16% on new contract
Bursa rebounds, Public Bank, semicon top gainers

Stories You'll Enjoy