Bursa suspends short-selling of Genetec, Notion due to price limit breach


KUALA LUMPUR: Bursa Malaysia has suspended intraday short-selling (IDSS) for Genetec Technology Bhd (0104) and Notion VTEC Bhd (0083) for the rest of the day due to breaches of the price limit.

In separate "special” announcements, the exchange said the suspension was triggered after both stocks dropped more than 15 per cent from the reference price.

It said that the short-selling for Genetec and Notion under the IDSS will resume on Monday, Aug 26, 2024 at 08.30 am.

At 11.31 am, Genetec’s share price tumbled 18.31 per cent to RM1.16 while Notion dived 22.62 per cent to RM1.06. - Bernama

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Genetec , Notion , IDSS , suspension , Bursa Malaysia , trading

Next In Business News

Builders have backs to the wall
Heart of KL beats again
It looks sunny for Northern Solar�
DC sprint needs deep pockets
AAX battles fuel gusts, MAG hedges the storm
Vance says US-Iran talks have failed, no agreement reached
The little giants of property development
Malaysia’s urban squeeze
The dark truth about GRRs
Ringgit may breach 3.95 next week on Middle East ceasefire optimism

Others Also Read