Rex International soars 15.2% on discovery of oil and gas in Norwegian Sea
Add BT as a preferred source
Singapore
SHARES of Catalist-listed Rex International soared on Wednesday after the company announced in the morning that two Norwegian Sea wells, in which Rex's subsidiary has a 30 per cent stake, contain oil and gas following exploration and appraisal drilling.
The counter climbed 1.2 Singapore cents, or 15.2 per cent, to 9.1 cents. About 165.6 million shares changed hands, making it the most active counter on the Singapore bourse.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
That ‘cheap’ Malaysia condo could cost Singapore buyers far more than they think
More upside ahead for DBS, OCBC, UOB as wealth fees power Q1 earnings
These little-known SGX tech stocks are beating the market. What’s driving them up?
