IJM tumbles 5%, short selling suspended amid MACC probe


KUALA LUMPUR: Shares of IJM Corporation Bhd extended losses in afternoon trading, falling 5% or 14 sen to RM2.66 as at 4.09 pm, with 90.42 mil shares changing hands.

Bursa Malaysia has suspended intraday short selling (IDSS) for IJM for the remainder of the trading day after the stock’s last done price breached the prescribed price limit, having declined more than 15% or 15 sen from its reference price.

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