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Hot stock: Yangzijiang Shipbuilding dips over 4% as volumes surge on married deals

It is the most highly traded company in terms of volume as at Tuesday’s midday trading break

Michelle Zhu
Published Tue, Nov 26, 2024 · 12:43 PM
    • 13 married deals totalling 52.8 million shares took place before the opening bell, ranging from S$2.629 to S$2.63 per share.
    • 13 married deals totalling 52.8 million shares took place before the opening bell, ranging from S$2.629 to S$2.63 per share. PHOTO: BT FILE

    SHARES of Yangzijiang Shipbuilding fell in early trade on Tuesday (Nov 26) as the counter’s opening volumes were boosted by a series of married deals.

    As at 10.07 am, the shipbuilder’s share price fell as much as 4.2 per cent or S$0.11 to S$2.52 with 66.1 million shares transacted. 

    This came as 13 married deals totalling 52.8 million shares took place before the opening bell, ranging from S$2.629 to S$2.63 per share. A pre-open transaction of 430,300 Yangzijiang Shipbuilding shares at S$2.65 apiece brought the counter’s total volumes to 53.2 million.

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