Shares of Finansia Syrus Securities (FSS) led gains for securities stocks on Wednesday, according to industry sources, based on the possibility the government may delay the implementation of the controversial financial transaction tax (FTT).
FSS shares rose 29.7% to hit a price ceiling on Wednesday as stocks of other securities firms also surged sharply.
One broker who requested anonymity said the increase was fuelled by speculation the FTT would be postponed from the middle of this year.
