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NewsInstitutional investors sold 3.2 million Telekom shares last week
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Institutional investors sold 3.2 million Telekom shares last week
by Cals Tue 17 Jun 2014, 01:19
| Institutional investors sold 3.2 million Telekom shares last week |
| Business & Markets 2014 |
| Written by Jonathan Gan of theedgemalaysia.com |
| Monday, 16 June 2014 18:03 KUALA LUMPUR (June 16): Telekom Malaysia Bhd shares came under heavy selling last week, with a total of 3.02 million shares disposed by two major institutional investors on June 10 and 11. According to separate statements by Bursa Malaysia, Amanah Raya Trustees Bhd sold 1.8 million shares on June 10 and another 825,400 shares the following day. Employees Provident Fund Board (EPF) followed suit on June 11, with 396,400 shares sold. Telekom Malaysia was up by 1 sen at RM6.21 at market close,with some 2.8 million shares traded. |
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