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Oil price rally sends shares of OSV operators surging

The 29 OSV stocks trading here have notched an average price rebound of 67.4% from their 52-week lows: SGX

Annabeth Leow

Published Wed, Oct 10, 2018 · 09:50 PM

Singapore

OFFSHORE supply vessel (OSV) operators have seen a marked recovery in their shares amid the recent oil price rally, according to a Singapore Exchange (SGX) report on Wednesday.

The 29 OSV stocks trading here notched an average price rebound of 67.4 per cent from their 52-week lows, according to data shared with The Business Times. Six other counters are suspended from trading.

Such compan…

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