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
Asia: Markets track Wall Street higher as rate hopes rise, eyes on US jobs
H2G Green chief to stand trial on Aug 5 amid MOM probe
Singapore shares climb at Friday’s open; STI up 0.2%
Stocks to watch: DBS, KIT, Clint, Elite Commercial Reit
Europe: Shares ease after Federal Reserve decision, mixed earnings
US: Tech shares lead stocks higher