Hot stock: Sembmarine up as much as 7.5% on active trading
Add BT as a preferred sourceLisa Kriwangko
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SHARES of Sembcorp Marine (Sembmarine) hit an intraday high of 21.5 Singapore cents on Wednesday, up 1.5 cents or 7.5 per cent from their previous close.
As at the midday break on Wednesday, Sembmarine shares were trading S$0.01 or 5 per cent higher at S$0.21. The counter was also the most traded by volume with over 132.3 million shares changing hands. This is more than double the volume traded at Tuesday's close.
The offshore and marine company recently partnered high-speed craft builder Penguin International and oil major Shell to trial the use of hydrogen fuel cells for ships in Singapore.
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