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SCI shares jump on Day 1 of ex-entitlements trade; Sembmarine inches lower
Sembcorp's higher value more than compensates shareholders for fall in value of SMM distribution
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Published Wed, Sep 9, 2020 · 09:50 PM
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Singapore
INVESTORS piled into shares of Sembcorp Industries (SCI) on the counter's first day of trading excluding entitlements, while Sembcorp Marine (SMM)'s stock fell.
On Wednesday, SCI climbed to finish at S$1.17, with 50.6 million shares changing hands, making it the third most traded by value on the Singapore bourse for the day.
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