Market in frenzy, volume surges past 2b shares in early trade

TheStar Thu, Jul 09, 2020 09:42am - 3 years View Original


Traders were very active in early Thursday trade, with penny stocks seeing heavy churning and pushing the total trading volume past two billion shares in less than half an hour.

KUALA LUMPUR: Traders were very active in early Thursday trade, with penny stocks seeing heavy churning and pushing the total trading volume past two billion shares in less than half an hour.

At9.27am, the FBM KLCI was up 0.21 point or a negligible 0.01% to 1,583.71. Turnover was 2.08 billion shares valued at RM540.10mil. Advancers beat decliners 335 to 241 while 375 counters were unchanged.

On Wednesday, total trading volume hit a fresh record high of 11.807 billion shares.

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