# Linkers Industries Shares Surge 213% Intraday as RSI Hits 87.97

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/30558
Published: 2026-10-12T20:09:52.000Z
Updated: 2026-10-12T20:09:52.000Z
Section: Investing

> LNKS traded at $2.98 at 3:01 p.m. ET on Oct. 12 before later closing at $2.16, up 126.82%.

Linkers Industries Limited shares surged 213.03% to $2.98 at 3:01 p.m. ET (19:01 UTC) on Oct. 12, putting the Nasdaq-listed company’s sharp move and elevated momentum readings in focus for U.S. markets readers.

The stock opened at $1.28 after a prior close of $0.95. An afternoon trading snapshot showed a session range of $1.24 to $3.49 and volume of 2,658,501 shares.

Linkers’ daily 14-period relative strength index, or RSI, stood at 87.97. The hourly RSI reached 95.89, while the 15-minute reading was 76.91. RSI readings above 70 are commonly viewed as indicating overbought conditions, though the indicator does not determine the direction of future trading.

Later end-of-day history showed LNKS closing at $2.16, up 126.82%, with a session range of $1.23 to $2.47 and 54,390,705 shares traded. The later figures differ from the afternoon snapshot because the trading session continued after the earlier reading.

Linkers Industries manufactures and supplies wire and cable harnesses for appliance, industrial and automotive customers, with operations in Malaysia.