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Bursa Malaysia will issue unusual market activity (UMA) queries on some listed companies due to their unusual price movement and trading activities. Normally, companies that
Bursa Malaysia will issue unusual market activity (UMA) queries on some listed companies due to their unusual price movement and trading activities. Normally, companies that are being issued UMA queries have very high trading volumes and surge in stock prices within a short period of time without any significant corporate announcement. As a retail investor, would you buy shares of a company which has been issued UMA by Bursa? Support your answer with THREE (3) major points and justify. (10 marks)
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