SUBSCRIBERS

Oil & gas, bank stocks fall amid fears of Swiber fallout

Ezra, down 3.8%, is most actively traded; DBS falls 2.96%

Published Fri, Jul 29, 2016 · 09:50 PM

Singapore

SHARES of oil-and-gas and banking counters continued to be battered on Friday, as fears from Swiber Holdings' decision to wind up the company made their rounds.

Oil-and-gas stock Ezra Holdings was the most actively traded on Friday, with its shares falling 0.2 Singapore cent or 3.8 per cent to five Singapore cents. Some 95.58 million shares changed hands. Ezra said on Thursday it does not have any business dealings with Swiber.

Shares of Ezion Holdings also fell on Friday, down 4.76 per cent or 1.5 cents to 30 Singapore ce…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes