Hot stock: Seatrium surges 10.4% amid heavy trading on S billion new contracts

Hot stock: Seatrium surges 10.4% amid heavy trading on S$11 billion new contracts

May 27, 2024 / Sarkiya Ranen /


SHARES of Seatrium made a strong comeback at Monday’s (May 27) opening bell after the company secured S$11 billion worth of new contracts.

The counter rose 10.4 per cent, or S$0.16, with 9.3 million shares changing hands as at 9.01 am on Monday.

It hovered at this level as at 9.27 am, up 9.7 per cent or S$0.15 to S$1.69 as the top traded counter on the Singapore Exchange, recovering from a steep drop after being booted out of MSCI Singapore index on May 15.



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Sarkiya Ranen

I am an editor for Ny Journals, focusing on business and entrepreneurship. I love uncovering emerging trends and crafting stories that inspire and inform readers about innovative ventures and industry insights.

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