why is VCIG "Downward Gap"

The stock price of VCIG has experienced a significant drop on July 2, 2025, which can be attributed to the following factors: 1. **Company-Specific Developments**: VCI Global recently announced the launch of Qsecore, a groundbreaking SIM-layer encryption platform under its QuantGold Data Platform. This news, while potentially positive in the long term, may not have immediate positive effects on the stock price due to the timing of the announcement. The commercial rollout of Qsecore is scheduled for August 2025, which means that the company's focus is currently on preparations for this launch rather than on the financial implications of the product. 2. **Market Conditions and External Factors**: The overall market conditions and external factors, such as geopolitical tensions, trade negotiations, and economic indicators, can significantly impact stock prices. For instance, the US stock market's performance is influenced by trade agreements, Federal Reserve rate cuts, and sector-specific gains. Any negative sentiment or events related to these factors can lead to a sell-off in stocks like VCIG. In conclusion, the downward gap in VCIG's stock price is likely a result of a combination of company-specific developments and broader market conditions. |code|Ticker|Name|Date|Percentage Change|market_code| |---|---|---|---|---|---| |VCIG|VCIG.O|VCI Global|20250626|-3.8627|186| |VCIG|VCIG.O|VCI Global|20250627|-7.1429|186| |VCIG|VCIG.O|VCI Global|20250630|3.3654|186| |VCIG|VCIG.O|VCI Global|20250701|10.2326|186| |VCIG|VCIG.O|VCI Global|20250702|-21.940928270042193|186|