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

Sime Darby Property stays positive on hitting RM4bil sales this year
Aquawalk expands regional footprint with RM24.6mil East Java oceanarium JV
Securities Commission wins court order to recover RM5.83mil in insider trading case against former executives
Amtel buys RM23mil Perak land for vehicle manufacturing expansion
Tomei continues strategic monitoring to mitigate risks
PPB Group net profit eases to RM234mil, revenue declines to RM1.29bil in 1Q26
KLCCP Stapled Group 1Q net profit rose to RM204.2mil, declares 9.30 sen dividend
Hengyuan refining rebounds to post 1Q net profit of RM525.5mil
Coraza acquires RM13.5mil Penang industrial property to support expansion
Sunway records higher 1Q26 earnings

Others Also Read