Hot stock: Sinarmas Land shares up 5%; SGX issues 'trade with caution'
Published Tue, Mar 17, 2015 · 02:03 AM
SHARES of Sinarmas Land surged 5 per cent in early-morning trading on Tuesday, even as Singapore Exchange assigned a "trade with caution" on the stock.
This was issued on Tuesday after Sinarmas said a day earlier it was unaware of any reason that precipitated a 17.8 per cent drop in share price between March 12 and 16.
The stock gained 3.5 Singapore cents as at 9.49am on Tuesday to trade at S$0.74.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
Singapore stocks end lower after US market wobbles ahead of CPI data; STI down 0.2%
LSEG reports in-line first quarter as Microsoft partnership progresses
Japan brokerage Daiwa’s Q4 profit more than doubles as markets recover
South Korea readies new system to detect illegal short-selling
Asia: Markets mixed as global rally stalls, eyes on yen
Singapore shares retreat at Thursday’s open; STI down 1.1%