S'pore market sheds $12.6b in November
It lacks theme, say brokers, as fallout from penny stock collapse persists
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
AFTER the great penny stock collapse of October, a listless month of trading in November saw the Singapore market lose around $12.6 billion of value.
The total market capitalisation of Singapore-listed companies dropped 1.4 per cent month-on-month to $900.6 billion at end-November, according to data compiled by The Business Times.
Copyright SPH Media. All rights reserved.
TRENDING NOW
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Beijing’s calculated silence on the Iran war
DPM Gan warns of 3 structural shifts to the global system that will bring greater challenges – and opportunities
