Shares in Serba Dinamik Holdings Bhd hit limit down at the opening bell, plunging some 30% or 48 sen to RM1.13, with 2.72 million shares changing hands. Today was the first day the stock resumed trading after the group suspended it last Thursday and Friday. The counter last closed at RM1.61, valuing the group at RM6 billion.
As shares in Serba Dinamik Holdings Bhd hit limit down today, other counters related to its group managing director and chief executive officer (CEO) Datuk Dr Mohd Abdul Karim Abdullah also dived this morning.
KUALA LUMPUR, May 31 Bursa Malaysia bucked the trend in most major regional markets to close lower today on continued selling in selected heavyweights including banking counters, ahead of the total lockdown tomorrow, but losses were cushioned by buying in glove counters. At 5pm, the benchmark.
Bursa bucks regional trend to end lower as investors brace for full lockdown 31 May 2021 / 19:21 H.
KUALA
LUMPUR: Bursa Malaysia bucked the trend in most major regional markets to close lower on Monday on continued selling in selected heavyweights including banking counters, ahead of the total lockdown tomorrow, but losses were cushioned by buying in glove counters.
At 5 pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) fell 10.89 points to close at 1,583.55 versus 1,594.44 at Friday’s close.
The index opened 23.4 points lower at 1,571.04 and moved between 1,568.47 and 1,585.97 throughout the day.
Market breadth was negative with losers thumping gainers 843 to 273, while 354 counters were unchanged, 712 untraded, and 58 others suspended.