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Hot stock: Yangzijiang Shipbuilding surges over 15% in afternoon trade, responds to SGX query

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Michelle Zhu

Michelle Zhu

Published Fri, Sep 23, 2022 · 04:41 PM
    • As at 3.35pm on Friday (Sep 23), Yangzijiang had climbed S$0.17 or 15.5 per cent to reach an intra-day high of S$1.27 after 118.7 million shares changed hands.
    • As at 3.35pm on Friday (Sep 23), Yangzijiang had climbed S$0.17 or 15.5 per cent to reach an intra-day high of S$1.27 after 118.7 million shares changed hands. PHOTO: YANGZIJIANG SHIPBUILDING

    SHARES of Yangzijiang Shipbuilding spiked on Friday (Sep 23) afternoon on heavy trading volumes, prompting a query from Singapore Exchange Regulation (SGX RegCo).

    As at 3.35pm, the counter had climbed S$0.17 or 15.5 per cent to reach an intra-day high of S$1.27 after 118.7 million of its shares changed hands – well above the counter’s average volume of 19 million, according to Yahoo Finance.

    SGX RegCo issued a query at 3.40 pm over Yangzijiang’s “unusual price movements”.

    Hot StockYangzijiang Shipbuilding

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