SUBSCRIBERS

Hot stock: Seatrium falls as much as 11.2% amid heavy trading

Vivienne Tay

Vivienne Tay

Published Mon, Mar 18, 2024 · 05:01 PM
    • Analysts are mixed on Seatriun's profit outlook.
    • Analysts are mixed on Seatriun's profit outlook. PHOTO: BT FILE

    SHARES of mainboard-listed Seatrium lost as much as 11.2 per cent on Monday (Mar 18), extending two days of losses.

    The counter reached a low of S$0.079 at 3.57 pm, down S$0.01 from Friday’s closing price. The last time the counter closed near this level was in November 2021.

    By 4.20 pm, Seatrium’s shares were down 10.1 per cent or S$0.009 to S$0.08. They were the top most traded by volume on the Singapore bourse at the time, with 1.7 billion shares changing hands.

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    Copyright SPH Media. All rights reserved.