Intraday short-selling of SunCon shares suspended after price plunge


KUALA LUMPUR: Intraday short-selling (IDSS) of Sunway Construction Group Bhd's  (SunCon) shares have been suspended for the remainder of the day following a drop of more than 15% in its share value.

Shares in the construction firm fell as much as 17.56% or RM1.05 in intra-morning trade to RM4.93 a share.

As at 10.12am, the share was trading 16.56% or 99 sen lower at a two-month low of RM4.99 a share after 26.57 million shares changed hands.

Bursa Malaysia announced the short selling under IDSS will only be activated at 8.30am on the following trading day, Tuesday, July 22, 2025.

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

Next In Business News

Light at last for Hong Kong's Central office market after 7-year slump
Oil firms shore up energy security
Gold prices retreat as Trump threatens further attacks on Iran
Bursa Malaysia falls sharply as Trump's address sparks global sell-off
IJM Corp poised for more hyperscale data centre wins
MAG secures fuel supply, optimises hedging strategy amid global volatility
Malaysia Airlines operator posts higher earnings in 2025 but Middle East conflict clouds outlook
Stocks sink, oil surges as Trump vows to keep hitting Iran
Ringgit opens higher vs major currencies on optimism over easing tension
Bursa Malaysia, Asian stocks rise as Trump plans for speedy end to Middle East conflict

Others Also Read