Short-selling of Petronas Gas susp after falling more than 15%
MARKETS
Friday, 01 Nov 20195:05 PM MYT
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KUALA LUMPUR: The short-selling activities of Petronas Gas were suspended in Friday afternoon trade until next Monday after its share price fell more than 15% from the reference price of RM16.64.
Petronas Gas's
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share price fell RM2.48 or 15% to RM14.16 at 3.10pm and 3.14pm, causing Bursa Securities to suspend the short-selling activities.
Short-selling activities will be activated at 8.30am on Monday.
Stock market data showed Petronas Gas fell to a low of RM14 – down RM2.64 from Thursday's close of RM16.64.
However, some fund buying enabled it to end Friday off the intra-day low.
At 5pm, it had closed at RM16.48, down 16 sen. There were 950,000 shares traded at prices ranging from RM14 to RM16.60.
Read more at https://ift.tt/36oLoSd
Short-selling activities will be activated at 8.30am on Monday.
Stock market data showed Petronas Gas fell to a low of RM14 – down RM2.64 from Thursday's close of RM16.64.
However, some fund buying enabled it to end Friday off the intra-day low.
At 5pm, it had closed at RM16.48, down 16 sen. There were 950,000 shares traded at prices ranging from RM14 to RM16.60.
Read more at https://ift.tt/36oLoSd
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