Thursday 22 March 2012

Bursa queries Ingenuity on stock’s unsual trading patterns

KUALA LUMPUR (March 22) : Bursa Malaysia has queried computer software developer INGENUITY SOLUTIONS BHD [] on the unsual trading patterns of the stock on Thursday.

Ingenuity shares had earlier risen as much as 18% or 2.5 sen to an intraday high of 16.5 sen before erasing gains to 14.5 sen at 11.51am.

The second most active stock on the local bourse saw about 131 million shares traded. Shares of Ingenuity has gained 164% this year, outperforming the FBM KLCI’s 4% gain.



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