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Hot stock: Sembmarine shares rebound on Tuesday after previous day’s decline

Chelsea Ong

Published Tue, Feb 21, 2023 · 11:18 AM
    • As at 10.32 am, the offshore and marine giant had risen by as much as 9.5 per cent or S$0.011 to S$0.127.
    • As at 10.32 am, the offshore and marine giant had risen by as much as 9.5 per cent or S$0.011 to S$0.127. PHOTO: SEMBCORP MARINE

    SHARES of Sembcorp Marine (Sembmarine) rose on Tuesday (Feb 21) morning amid continued heavy trading volumes. This came after the stock concluded a volatile session and ended lower on Monday.  

    As at 10.32 am, the offshore and marine giant had risen as much as 9.5 per cent or S$0.011 to S$0.127. It was the top-traded counter by both value and volume in mid-morning, with 264.6 million shares worth S$32.6 million transacted. 

    Its share price later eased to trade 8.6 per cent or S$0.01 higher at S$0.126 as at 10.56 am. 

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