Hot stock: Nanofilm falls to near one-month low amid tech stocks rout

SHARES of Nanofilm Technologies closed at nearly a one-month low on Thursday (Jun 22) amid higher-than-average trading volumes. Several technology-related counters were also in the red.

Nanofilm, which specialises in advanced materials and coatings, reached S$1.44 minutes after the market opened, losing as much as 7.7 per cent or S$0.12. The last time the counter closed near this level was on May 23.

By 11.34 am, the counter was down 6.4 per cent or S$0.10 to S$1.46, with about 2.1 million shares changing hands, outpacing its previous day’s trading volume of 411,500 shares. There were no married deals recorded based on ShareInvestor data.