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Name Last Change
Jiutian Chemical0.036+0.018
Medtecs Intl1.560+0.150
QT Vascular0.008+0.001
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Sembcorp Marine0.245-0.105

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News - Detailed News Story

Sembcorp Marine

Stock Chart
Last Done 0.245
Change -0.105 (-30.00%)
Volume 36,425.9
Range 0.235 - 0.250

Frenzy over SembMarine shares fizzles out day after near 8% gain

20 Jul 2019 09:00

By Fiona Lam

SEMBCORP Marine (SembMarine) shares eased off on Thursday following a frenetic rise in price and trading volumes late Wednesday that drew a Singapore Exchange (SGX) query.

They ended two cents, or 1.3 per cent, lower at S$1.49 on turnover of 7.6 million shares after the mainboard-listed offshore and marine (O&M) company said it was not aware of any undisclosed information that might account for the unusual stock activity.

The counter hovered in the S$1.41-1.42 range for most of Wednesday, before climbing sharply to S$1.495 shortly after 4pm with almost six million shares traded. It then rose to an intra-day high of S$1.53 minutes before the market closed and ended at S$1.51, up 7.86 per cent or 11 cents.

A remarkable 21.3 million shares had changed hands, the bulk of which were done in the last hour.


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Source: Business Times
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