You are here

Astute stock picking or insider trading?

Jury is still out on why SGX stock prices move before M&A deals are made public

3149737110.jpg
The analysis looked at the 20 largest announced M&A deals that targeted Singapore listed companies from January to August 2014. - PHOTO: SPH

Singapore

THE MARKET has been able to anticipate some of the year's biggest deals, although the quality of that anticipation is spotty, according to an analysis by The Business Times.

Besides possible leakage of deal information, the stronger-than-expected price movements could