Stocks to watch: SGX, Cordlife, Digital Core Reit
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THE following companies saw new developments that may affect trading of their securities on Monday (Sep 9):
Singapore Exchange (SGX): The bourse’s total securities market turnover in August rose 22 per cent on the year to S$28.8 billion, while securities daily average value climbed 28 per cent on the year to S$1.4 billion. This comes as retail investors’ net purchases hit a new high of S$685 million, adding positions in index stocks as well as small and mid-caps. Shares of SGX closed 0.7 per cent or S$0.08 lower at S$10.87 on Friday.
Cordlife : The embattled cord-blood bank on Friday said it has accepted a notice from the Ministry of Health regarding changes to its cord-blood banking service licence, in a bid to resume its cord-blood banking service. It will not collect, test, process and/or store more than 30 units per month of new cord blood from infant donors from Sep 15 to Jan 13, 2025, unless approved sooner by the director-general of health. The counter closed 3.7 per cent or S$0.005 higher at S$0.14, before the announcement.
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