Hot stock: Anchor Resources up by as much as 19%
ANCHOR Resources, the Catalist-listed mineral explorer, was the most actively traded stock on the Singapore Exchange on Friday.
As at 2.25 pm, nearly 53.5 million units of the stock had changed hands. Anchor Resources opened at S$0.095, and surged by as much as 19 per cent to S$0.112 at noon. As at 2.25 pm, it was trading at S$0.108.
When queried by the Singapore Exchange at noon on its trading activity, Anchor Resources said in response that it was not aware of any possible explanation for the trading.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Porsche posts Q1 profit drop on ramp-up costs
IBM plots US$730 million expansion of Canadian semiconductor site
Seatrium unit to fully redeem S$500 million worth of floating-rate bonds early
Yeo Guat Kwang, John Chen retiring from corporate boards
US: Wall St opens higher
Air China orders homegrown C919s in challenge to jet duopoly