Bursa Malaysia suspends short-selling of SMRT due to price limit breach


KUALA LUMPUR: Bursa Malaysia has suspended intraday short-selling (IDSS) on SMRT Holdings Bhd until 8.30 am tomorrow after the stock breached the price limit.

SMRT’s share price dropped sharply by 55.05 per cent, or 24.5 sen, to 20 sen at 9.48 am today. 

The shares opened today at 33 sen.

The exchange announced that the suspension was triggered after the stocks dropped by more than 15 per cent from the reference price. - Bernama

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

Next In Business News

Affin sees growth opportunities to productivity, competitiveness in Budget 2027
Expanded co-investment funds can help strengthen SMEs working capital
Drop location pin, please
Amp up meter awareness
Some hotter than others
Stable jobless rate backed by tech, tourism
Two-car race gets hotter
Private equity’s tougher path to riches
Private equity rides megatrends
Riding the choppy 4Q waters

Others Also Read