Intraday short-selling suspended for SCIB, Jentayu and Tanco


KUALA LUMPUR: Intraday short-selling (IDSS) has been suspended for Sarawak Consolidated Industries Bhd (SCIB), Jentayu Sustainables Bhd and Tanco Holdings Bhd following another day of sharp selling in their share price.

Bursa Malaysia said in a notice it has suspended intraday short-selling activities in the stocks for the remainder of the day as the last done price of the securities dropped more than 15% or 15 sen from their respective reference price.

Uh-oh! Daily quota reached.


Experience an ad-free unlimited reading on both web and app.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Ringgit seen to trade higher next week
Oil prices settle US$1 down as supply set to rise
Smoothing the way for EVs
Mah Sing records robust eight-month performance
MSM aims for 45,000-tonne grain sugar export to China
Opening the national electricity grid
Refinancing option likely
Malaysia Airlines at pivotal crossroads
Taking a leaf of electricity reforms from other countries
New CIMB Group CEO Novan upbeat about prospects for 2H24

Others Also Read