Friday 29 Mar 2024
By
main news image

KUALA LUMPUR (Nov 24): Bursa Malaysia has issued an unusual market activity (UMA) query on Can-One Bhd's recent share price rise.  

Can manufacturer Can-One's shares, which closed at RM3.91 last Tuesday (Nov 17), ended at RM4.51 yesterday (Nov 23). Today, the stock rose 10 sen or 2% to settle at RM4.61, for a market value of RM886.04 million.

"We draw your attention to the rise in price of your company’s shares recently," Bursa told Can-One.

Can-One had not responded to Bursa's UMA query at the time of writing.

(Note: The Edge Research's fundamental score reflects a company’s profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)

      Print
      Text Size
      Share