KUALA LUMPUR (Aug 7): Transocean Holdings Bhd hit limit up after the stock climbed as much as 30 sen to 93.5 sen following the upliftment of Bursa Malaysia's dynamic price threshold mechanism on Transocean shares between 9:24am and 9:34am today.
Logistics firm Transocean said this today on Bursa Malaysia's website.
"Kindly be informed that dynamic price threshold mechanism on stock TOCEAN (7218) will be uplifted from 09:24 AM until 09:34 AM. During this period, orders can be matched within 30%/30 sen up and down of the reference price. The reference price is RM0.635 and the upper and lower limit is RM0.935 and RM0.335 respectively," Transocean said.
At 3:09pm, Transocean shares pared gains at 91 sen to become Bursa Malaysia's second-largest gainer. The stock saw 98,100 shares traded.