Tanco Holdings (KLSE: TANCO) Shares Surge Over 4% – Key Intraday Action Detailed
KUALA LUMPUR: Investors closely watched Tanco Holdings Bhd (KLSE: TANCO) on April 14th as the company’s stock price demonstrated significant upward momentum on the Kuala Lumpur Stock Exchange. Shares finished the trading session at RM0.82 (Malaysian Ringgit), reflecting a robust gain of 4.49% for the day.
This positive movement translated to an absolute increase of RM0.035 per share compared to the previous closing price of RM0.78. The performance highlights considerable investor interest in the Malaysian-listed company during the trading day.
Examining the intraday trading pattern reveals key moments in TANCO’s price action. The stock opened above its prior close and saw an initial sharp rise early in the morning session, quickly moving to consolidate around the RM0.80 level. Trading remained relatively steady near this mark through the morning hours.
Activity paused during the standard KLSE lunch break, indicated on the chart between approximately 12:30 PM and 2:30 PM local time. Upon resumption of trading in the afternoon, Tanco Holdings shares experienced another distinct upward push. The price broke through the RM0.81 level, showing some volatility with brief price spikes, before settling near the day’s high.
The stock maintained its strength throughout the rest of the afternoon, closing at RM0.82, near the peak reached post-lunch break. This closing price represents the culmination of the day’s positive trading activity, as captured by market data timestamped at 5:31:31 PM UTC+8.
