ABSI is trading 5.3% down at $7.96 as investors lock in gains following a significant surge in the previous session.
- The decline follows a 13.36% rally to $8.40 on June 22, with no new company-specific developments to sustain the upward momentum.
- Broader market headwinds are also contributing to the move, with the Nasdaq down 1.19% as overall risk sentiment remains under pressure.