Hot stock: Rex International falls 10% on heavy volumes after profit guidance

SHARES of Rex International dropped 10 per cent on heavy trading on Wednesday (Feb 14), after the group warned of net loss for FY2023.

As at 10.02 am, the counter fell S$0.015 to S$0.129, registering a ten-month low.

It picked up a bit at 10.49 am, trading down 9 per cent or S$0.013 to S$0.131. With 33.6 million shares traded, it stood as the second-most briskly traded counter.