Hot stock: KLW shares fall 14% in early trading
KLW Holdings featured in the top 20 stocks by volume traded in the early minutes of trade on Tuesday, after it announced the night before that it is under investigation by the Commercial Affairs Department for possible offence(s) under the Securities and Futures Act.
As at 9.12am, its share price dipped 0.1 Singapore cent, or 14.29 per cent, to 0.6 Singapore cent, making it the fifth top loser. Its trading halt was lifted on Tuesday morning before the market opened.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
Asia: Markets rise as traders consider US rate outlook
China reiterates need for steady yuan amid fragile confidence
Singapore shares climb at Thursday’s open; STI up 0.3%
Stocks to watch: CDL, DFI Retail Group, Cordlife, First Resources
US: Wall Street slips as dour earnings, chip stocks weigh
Europe: Adidas, LVMH steer shares higher on earnings relief