Wilmar shares end lower while China unit YKA makes sizzling debut

Singapore

WILMAR International's share price lost ground as high volumes changed hands on Thursday, even as its Chinese subsidiary shone on its first day of trading in Shenzhen.

Within the first 20 minutes of trading, the Singapore-listed stock had gained 1.7 per cent or S$0.08 to hit S$4.74. But it quickly tumbled to a low of S$4.26 at around 10.13am, dropping 8.6 per cent or S$0.04 from Wednesday's close.

It regained some losses to close at S$4.36, down S$0.30 or 6.4 per cent.

The counter clocked the fifth-heaviest volume on the Singapore bourse with about 45.5 million shares changing hands, and was the most activ…

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