Friday 18 November 2011

Harvest rebounds after 2-day selldown on trading curbs

KUALA LUMPUR (Nov 18): The shares of HARVEST COURT INDUSTRIES BHD [] staged a mild rebound on Friday after a two-day selldown since Wednesday after trading curbs were placed.

At 2.57pm, the share price was up 15 sen to RM1.19 with 5.60 million units done. The warrants gained six sen to 95 sen with 5.26 million units transacted.

On late Monday, Bursa Malaysia Securities Bhd announced that it had declared the securities of Harvest Court as designated counters with effect from Nov 16, Wednesday, due to excessive speculation.

The imposition of this ruling for the shares and the warrants are in force until further notice.



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