STOCKS ·
Subscribers

STI starts week with 26.11-point drop

OKH's spectacular S$0.279 collapse to S$0.071 one of the major talking points of Monday trading

WEAKNESS in Hong Kong and in the Dow futures meant the Straits Times Index started the week off with a 26.11-point loss at 2,880.69 on Monday, led mainly by the banks. In the second line, the stunning 80 per cent crash in the shares of property developer OKH Global grabbed most of the attention, coming as it did on volume of 247.4 million, making it the session's most active counter.

Overall volume came in at 1.5 billion units worth S$1.04 billion, down sharply from Friday's S$1.7 billion. Excluding...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes