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Pertama Digital Shares Bounce Back 16%

Business Today ·  Oct 10 10:13

Pertama Digital's share price which has been freefalling for the past two weeks has seen some respite today when it rebounded 16% in moring trade.

Yesterday the stock saw a 40% drop from 0.48 to close at 0.24, however, this morning its up to 0.28. The share price decreased significantly from 2.00 one month ago, losing close to 90% of its valuation.

Bursa Securities recently informed that the Lower Limit Price of Pertama Digital will be maintained as RM0.785 due to the counter trading at Static Limit Down prices for two consecutive trading days.

The stock took a sharp dive last week when Bursa issued a UMA query on the drop with the group responding that it is unware on the reasons for the sell-off.

On October 3, Pertama Digital Berhad's Executive Director Sabri Ab Rahman said that he is unaware of the reasons behind the recent dip in stock prices and assured stakeholders that the company remains strong and well positioned for sustainable growth.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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