Hot stock: Some 117m OUEHT shares change hands at S$0.65 to S$0.655

Published Fri, Sep 2, 2016 · 08:21 AM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    VOLUMES of hotel and mall owner OUE Hospitality Trust (OUEHT) sizzled on Friday afternoon as a few block trades led to around 117 million shares changing hands.

    Bloomberg records show that 17 million shares changed hands at S$0.65 at 2.46pm, followed by 6.25 million shares at S$0.655 at 2.50pm, 28.9 million shares at S$0.65 at 2.59pm, and 64.75 million shares at S$0.65 at 3.17pm.

    As at 4.07pm, OUEHT last traded at S$0.67, down a cent.

    Copyright SPH Media. All rights reserved.