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Rotational punting of penny stocks prevails

Traders and dealers, apparently calmed by the recovery in blue chips, turn their energies to second and third liners

Straits Times Index.jpg

THE Straits Times Index may have risen 6.67 points to 3,025.7, but Wednesday's trading was more about the rotational punting of penny stocks than the index. This was borne out by the volume statistics: 2.5 billion units worth S$696 million changed hands, which gives an average of only S$0.28 per...

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