You are here


Shares flat, pennies enjoy hectic churning

Noble, Cedar Strategic and SunMoon help elevate market volume to 2.2 billion units - estimated to be highest in three months

40150265 - 10_10_2016 - NOBLE-M&A_CALPINE.jpg

THE main feature of Monday's session was hectic churning of penny stocks like Noble Group, Cedar Strategic, SunMoon and Ezra that propelled unit turnover to 2.2 billion units, estimated to be the highest in three months.

The Straits Times Index, in the meantime, drifted to a five-point...