Bursa queries Edaran on share price, volume rise

-A +A

KUALA LUMPUR (Aug 14): Bursa Malaysia had today issued an unusual market activity (UMA) query on the recent sharp rise in the price and volume of IT services provider Edaran Bhd shares.

Bursa Malaysia told Edaran in a statement on Bursa Malaysia's website: "We draw your attention to the sharp rise in the price and volume of your company's shares recently."

At 12:30pm today, Edaran shares rose 9.5 sen to settle at 81 sen with some 26 million units traded. The stock had so far today climbed to its highest at 83.5 sen and fell to its lowest at 69 sen.