Venture's 6% slump revives concerns about slowing growth

Singapore

VENTURE Corp was the top loser on Thursday, diving 5.69 per cent or 96 Singapore cents to S$15.90, falling back to where it had traded exactly one year ago.

The sudden sell-off on a turnover of 2.65 million shares drew an unusual trading query from the Singapore Exchange around 1.57pm.

Venture did not immediately respond and analysts struggled to pin down a cause, though some wondered if it was remarks made by the US Food and Drug Administration (FDA) on Wednesday that may have induced a negative rea…