UMA Bursa queries Dnex over share price and trading volume rally
Page 1 of 1
UMA Bursa queries Dnex over share price and trading volume rally
UMA
Bursa queries Dnex over share price and trading volume rally
KUALA LUMPUR (Oct 31): Dagang Nexchange Bhd (Dnex) has been slapped with an unusual market activity (UMA) query by Bursa Malaysia today, over the recent rally in its share price and trading volume.
Dnex rose as much as 4.05% or 1.5 sen to 38.5 sen with 86.94 million shares done in the early morning trading session today.
In the filing, Bursa Malaysia has requested Dnex to disclose any corporate development relating to the group's business and affairs that has not been previously announced that may account for the trading activity.
Bursa also queried if there is any rumour or report on the firm, which is principally involved in the information communication technology company.
To recap, Malayan Banking Bhd (Maybank) ([You must be registered and logged in to see this image.] Financial Dashboard) in a statement yesterday had said it is in collaboration with Dnex to launch a centralised online trade financing facility dubbed myTrade2Cash.
The facility is aimed for Malaysian-based SME exporters. and is estimated to serve more than 100,000 SME customers nationwide via the National Single Window e-Commerce Trade Facilitation service managed by DNeX.
The online trade facility is set to be launched later this afternoon by Datuk Seri Mustapa Mohamed.
Dnex finished the mid day trading with unchanged price of 37 sen with 1.24 billion shares done, making it the most actively traded counter across the bourse.
It has a market capitalisation of RM290.72 million.
Bursa queries Dnex over share price and trading volume rally
KUALA LUMPUR (Oct 31): Dagang Nexchange Bhd (Dnex) has been slapped with an unusual market activity (UMA) query by Bursa Malaysia today, over the recent rally in its share price and trading volume.
Dnex rose as much as 4.05% or 1.5 sen to 38.5 sen with 86.94 million shares done in the early morning trading session today.
In the filing, Bursa Malaysia has requested Dnex to disclose any corporate development relating to the group's business and affairs that has not been previously announced that may account for the trading activity.
Bursa also queried if there is any rumour or report on the firm, which is principally involved in the information communication technology company.
To recap, Malayan Banking Bhd (Maybank) ([You must be registered and logged in to see this image.] Financial Dashboard) in a statement yesterday had said it is in collaboration with Dnex to launch a centralised online trade financing facility dubbed myTrade2Cash.
The facility is aimed for Malaysian-based SME exporters. and is estimated to serve more than 100,000 SME customers nationwide via the National Single Window e-Commerce Trade Facilitation service managed by DNeX.
The online trade facility is set to be launched later this afternoon by Datuk Seri Mustapa Mohamed.
Dnex finished the mid day trading with unchanged price of 37 sen with 1.24 billion shares done, making it the most actively traded counter across the bourse.
It has a market capitalisation of RM290.72 million.
Cals- Administrator
- Posts : 25277 Credits : 57721 Reputation : 1766
Join date : 2011-09-08
Location : global
Comments : “My plan of trading was sound enough and won oftener that it lost. If I had stuck to it Iâ€d have been right perhaps as often as seven out of ten times.â€
Stock Exposure : Technical Analysis / Fundamental Analysis / Mental Analysis
Similar topics
» Highlight Bursa queries Masterskill over share price and trading volume rally
» UMA Bursa queries NWP on share price, volume surge
» UMA Bursa queries YGL on share price, volume spike
» UMA Bursa queries Dufu on share price, volume rise
» UMA Bursa queries Mexter over share price, volume spike
» UMA Bursa queries NWP on share price, volume surge
» UMA Bursa queries YGL on share price, volume spike
» UMA Bursa queries Dufu on share price, volume rise
» UMA Bursa queries Mexter over share price, volume spike
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum