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

Stocks, dollar take tariff hit; gold gets safety bid
Malaysian economy to stay resilient in 2026 on FDI, robust infrastructure investment- HSBC�
FBM KLCI slips as traders turn cautious on growing geopolitical tension
SMRT's share price dives on sharp earnings downgrade
MAHB 2025 passenger traffic reaches 15.53mil as VM2026 kicks off
China's Q4 GDP growth slows to 3-year low, full-year pace meets official target
World markets jolted, dollar dips as Trump vows tariffs on Europe over Greenland
Oil prices steady as ebbing Iranian protests lower chance of US attack
Foreign funds log second straight week of net inflows of RM716.1mil
Ringgit opens higher against greenback on better-than-expected 4Q GDP estimates

Others Also Read