Hot stock: Medtecs surges 18% to 2-month high, gets queried
Add BT as a preferred source
Yong Hui Ting
SHARES of Catalist-listed Medtecs International surged 18 per cent to S$0.144 as at 11.09 am on Tuesday (Oct 18), the highest the counter has traded in nearly two months, while 4.1 million shares changed hands in the morning.
No married deals were recorded, according to ShareInvestor data.
Shortly after, the medical consumables distributor received a query from the Singapore Exchange (SGX) asking if it was aware of any information or explanation over its “unusual price movements”.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
From post-war hardships to ‘era of national rise’: Vietnam’s family firms face first succession test
‘We’re not a bubble tea brand’: Chagee aims to double Asia-Pacific footprint to 600 stores by 2027
