The Business Times

Companies & Markets

The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

Companies & Markets

SUBSCRIBERS

Valuetronics drops 8 per cent; brokers maintain 'buy' calls

It reached a low of 64 cents in intra-day trading before recovering slightly to close at 68 cents

Published Fri, Apr 27, 2018 · 09:50 PM
Share this article.

Singapore

AFTER a general uptrend for years, Valuetronics drew a query from the Singapore Exchange when it plunged 25 per cent over the last two days. On Friday, it fell six cents or 8 per cent to close at S$0.68 with some 28.8 million shares traded, making it one of the most actively traded stocks on the Singapore bourse for the day. It fell to a low of 64 cents in intra-day trading before recovering slightly.

Citing unusual price movement in its shares, the Singapore Exchange (SGX) issued a query to the electronics manufacturing services provider at around 1pm.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Companies & Markets

newspaper iconPurchase this articleshopping cart icon

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here