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Hot Stock Sanichi active, up on institutional support
by Cals Sun 21 Sep 2014, 19:00
| Hot Stock Sanichi active, up on institutional support |
| Business & Markets 2014 |
| Written by Chen Shaua Fui of theedgemalaysia.com |
| Friday, 19 September 2014 14:22 KUALA LUMPUR (Sept 19): Sanichi Technology Berhad was the most actively traded counter at the midday break on Friday, supported by institutional buyers. At 13.30pm, the stock rose 8% or one sen with 77.98 million shares done. Similarly, the plastic injection mould manufacturer’s warrant (Sanichi-WB)was also up as much as 25% or 2.5 sen to 12.5 sen with some 29 million units changing hands at 12.30pm. Goh Kay Chong, remisier with SJ Securities told theedgemalaysia.com, said institutional buyers had gone in the market since yesterday, making the stock “quite active". |
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