Saturday 20 Apr 2024
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KUALA LUMPUR (July 28): Bursa Malaysia issued an unusual market activity (UMA) query to shipping firm PDZ Holdings Bhd on the recent rise in its share price and volume.

Yesterday, PDZ shares rose to 10.5 sen with a volume of about 64 million shares. A day earlier, the stock ended higher at seven sen with some two million shares traded.

Today, PDZ's share price and volume extended gains to become Bursa Malaysia's most-active stock.

At 11:52am, the stock gained 1.5 sen or 14% to 12 sen with about 231 million shares changing hands. At 12 sen, PDZ has a market value of RM104.3 million.

Bursa Malaysia told PDZ : "We draw your attention to the recent sharp rise in price and volume of your company’s shares."

PDZ had not responded to Bursa Malaysia's UMA query at the time of writing.

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