The Business Times
business-time-50
SUBSCRIBERS

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

google-preferred-sourceAdd BT as a preferred source
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

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    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”.

    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.

    Hot StockYangzijiang Shipbuilding

    Copyright SPH Media. All rights reserved.

    Reuse this contentFeedback

    TRENDING NOW

    Air India has been one of the foreign carriers most affected by the outbreak of hostilities in the Middle East.

    Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss

    In this economy, the smartest bets might no longer be sitting an ocean away, but are waiting right here at home.

    ‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival

    Malaysia Madani, or Civil Malaysia, is Prime Minister Anwar Ibrahim's slogan encapsulating positive values (such as humanity and strong governance) that would shape policy direction. But the "corporate mafia" claims have now cast the spotlight on governance credibility.

    From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?

    Malaysia ranks 23rd globally on the Milken Institute’s global opportunity index.

    South-east Asian markets account for 8.8% of global capital inflows from 2021 to 2024: report

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More