Call for circuit breakers amid bargain hunting

STOCKS on the periphery of the past two days' penny collapse staged a rebound yesterday,

but selling continued at the epicentre of the shakedown as brokers braced themselves for a key settlement deadline to arrive.

Amid a call for the exchange to activate strong circuit breakers, investors began to look for bargains among the debris.

Bargain hunting, cooler heads, or both, propped up peripheral pennies that had been dragged down by the collapse of a handful of counters over the past two sessions.

Notably, Albedo, a steel products company being targeted in a reverse takeover by a Malaysian property development business, rallied 40 per cent to close at 4.2 cents as the most actively counter on Tuesda…