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Nanofilm advances 12.4% in heavy volume on debut

Share price reaches intraday high of S$3.02, ends at S$2.91; 106.5 million shares traded

Published Fri, Oct 30, 2020 · 09:50 PM

Singapore

NANOFILM Technologies on Friday ended its first day trading on the mainboard at S$2.91 - up 12.4 per cent or S$0.32 above its its initial public offering (IPO) price of S$2.59.

From the start of trading at 9am till market close, the units traded within a band of S$2.75 to S$3.02 and on high trading volume. About 106.5 million shares changed hands.