Minimum prices won't hurt overall market turnover
Analysis shows small impact, ranging from 0.5% to 6.1% of total traded value
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[SINGAPORE] Imposing a minimum share price on Mainboard-listed companies could put only a small dent in overall market turnover despite affecting a relatively higher percentage of stocks, according to an analysis by The Business Times.
Proposed changes to the framework for questioning unusual trading activity, however, could see "Trade with caution" alerts put out for most companies queried by the Singapore Exchange (SGX).
The Monetary Authority of Singapore (MAS) and SGX are currently seeking feedback on a comprehensive set of proposed rules changes for the securities markets. Among those are rules that could impose a minimum share price on Mainboard-listed companies.
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