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News - Detailed News Story


Stock Chart
Last Done 1.790
Change -0.020 (-1.11%)
Volume 9,007
Range 1.780 - 1.800

SPH up as much as 8% in morning trade as investors price in review

02 Apr 2021 09:00

By Ong Sing Yee

SHARES of mainboard-listed Singapore Press Holdings (SPH) rose by as much as 8 per cent, or S$0.12, in early morning trade to hit an intra-day high of S$1.62 on Wednesday at 9.04 am.

As at 2.09pm the stock was trading at S$1.57, and 57.6 million shares with a value of over S$90 million had changed hands. No married deals were recorded, according to Shareinvestor's data.

SPH shares eventually closed on Wednesday with a more sedate gain of S$0.03 or 2 per cent, at S$1.53. Some 69.2 million shares changed hands, making it the fourth most-traded stock that day.

The morning's price movement came after SPH, which publishes The Business Times, released its financial statement for the half year ended Feb 28, 2021 and announced it will "consider options for its various businesses".

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Source: Business Times

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