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Hot stock: SGX says not aware of any info on unusual trading of its stock

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THE Singapore Exchange (SGX) on Tuesday said that it is not aware of any information which might explain the unusual trading activity in its stock.

The counter has fallen more than 6 per cent since closing at S$8.72 on Wednesday, May 27. It was trading at S$8.17 as at 2.10pm on Tuesday, down 3.1 per cent from Friday's close, making it one of the top losers on the Singapore market as 2.9 million shares changed hands.

"The company is not aware of any information not previously announced concerning the company, its subsidiaries or associated companies which, if known, might explain the unusual trading activity," it said in a regulatory filing. "The company confirms that it is in compliance with the SGX-ST listing rules."