Over a fifth of SGX Mainboard stocks in MTP danger zone
172 firms have VWAP below S$0.20 MTP as at March 23, BT's new CMI Tracker shows
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Singapore
NEARLY a month after Singapore Exchange's (SGX) minimum trading price (MTP) rule kicked in, more than a fifth of Mainboard-listed firms on the local bourse still appear to be in the danger zone.
There were 172 companies that had a six-month volume-weighted average price (VWAP) below the S$0.20 MTP as at March 23, data from a proprietary Counters for Mainboard Inclusion (CMI) Tracker developed by The Business Times show.
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