Harvest Court Industries Bhd had its biggest two-day drop in more than two years after trading restrictions were imposed on the Malaysian timber company, requiring investors to pay upfront before trading the shares.
The stock tumbled 30 per cent to RM1.05 at 12:11 p.m. local time. It has slumped 51 per cent in two days, bound for its steepest two-day slide since June 2, 2009. The Kuala Lumpur stock exchange imposed trading restrictions on Nov. 15 to curb excessive speculation on the stock. -- Bloomberg
The stock tumbled 30 per cent to RM1.05 at 12:11 p.m. local time. It has slumped 51 per cent in two days, bound for its steepest two-day slide since June 2, 2009. The Kuala Lumpur stock exchange imposed trading restrictions on Nov. 15 to curb excessive speculation on the stock. -- Bloomberg
