Shengda Resources Hits Daily Limit for Two Straight Sessions, Gaining 21%
Shengda Resources' shares rose by the daily price limit for two consecutive trading sessions, bringing the cumulative gain to 21.0%. The stock advanced by the maximum permitted daily amount on each of the two sessions, resulting in a combined increase of 21 percent over the period. The two-day surge represents a significant short-term move for the company's listed shares.
Shengda Resources' share price rose by the daily price limit for two consecutive trading sessions, recording a cumulative gain of 21.0% over the two-day period.