Hot stock: Frencken rises over 10% after H1 results release
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Zhao Yifan
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SHARES of Frencken Group spiked on Tuesday (Aug 15) following the semiconductor and machine manufacturer’s release of its financial results for the first half year ended Jun 30.
As at 10.27 am, the counter was up as much as 10.4 per cent or S$0.085 to S$0.905. About 10.9 million of its securities had changed hands at the time, well above the 4.8 million average and making it the fifth most actively traded stock in terms of volume.
It further climbed to reach S$0.91, up S$0.09 or 11 per cent, as at 11.18 am with 12.5 million shares traded.
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