KLSE:SCIB

KLSE:SCIB

Intraday short-selling suspended for SCIB, Jentayu and Tanco

KUALA LUMPUR: Intraday short-selling (IDSS) has been suspended for Sarawak Consolidated Industries Bhd (SCIB), Jentayu Sustainables Bhd and Tanco Holdings Bhd following another day of sharp selling in their share price.

Investors and traders have been closely monitoring the stock market as SCIB, Jentayu, and Tanco experience significant fluctuations in their share prices. The recent suspension of IDSS for these companies aims to stabilize the market and protect investors from potential losses.

SCIB, a leading construction company in Malaysia, has been actively involved in various infrastructure projects. Jentayu, on the other hand, focuses on sustainable development, while Tanco operates in the renewable energy sector. Despite their unique areas of expertise, all three companies have faced challenges in the stock market recently.

As the market adjusts to these developments, investors are advised to stay informed and exercise caution. It is essential to keep track of the latest news and updates regarding SCIB, Jentayu, and Tanco to make informed investment decisions.

Disclaimer: This article is for informational purposes only. It does not constitute financial advice or a recommendation to buy or sell any securities. Investors should conduct their own research and consult with a qualified financial advisor before making any investment decisions.