Lagenda hits limit down at RM1.17/share, intraday short-selling suspended

KUALA LUMPUR: Intraday short-selling (IDSS) in the shares of Lagenda Properties Bhd has been suspended by Bursa Securities after the counter hit limit down within the first hour of trading.

Currently the biggest loser on Bursa Malaysia, the trading stock of the property developer dove 49 sen or 29.52% to RM1.17, reaching the Stock Exchange's lower limit for a share's price decline in a single session.