🟢 Tanco Holdings is trading 5% up today on technical rebound after 90% crash

Tanco Holdings is trading 5% up today at MYR 0.20 as the stock staged a technical rebound following a 90% collapse from its June 3 peak.

• The recovery is driven by bargain-hunting in an oversold market after the stock suffered extreme volatility and repeated limit-down sessions.
• Financial analysts describe the price action as a technical bounce rather than a shift in corporate fundamentals or new announcements.
• The stock remains significantly lower than its recent highs despite today's modest gains.