Spackman soars 24.7% in active trading

Singapore

THE stock of Spackman Entertainment Group staged a strong performance on Friday, soaring 24.7 per cent to 11.1 Singapore cents, with volume to boot.

The rise came amid a broad recovery in small capitalisation stocks but traders were unable to pinpoint the reason for the quantum leap.

The counter was the most actively traded with 138.9 million shares changing hands, against Thursday's 29 million and the three-month average of about 24 million. Its 52-week trading high and low are 16.9 and 3.…