Hot stock: SGX RegCo queries Nanofilm for unusual price movements after shares jump 10%
July 10, 2024 / /
THE Singapore Exchange Regulation (SGX RegCo) on Wednesday (Jul 10) queried Nanofilm Technologies for “unsual price movements” after the group’s shares climbed as much as 10.1 per cent after the midday trading resumed.
The nanotechnology solutions provider subsequently called for a trading halt to respond to SGX RegCo’s query. Its shares were last trading 8.3 per cent or S$0.07 higher at S$0.91 as at 3.16 pm.
Prior to the halt, Nanofilm’s counter neared a seven-month high, jumping as much as S$0.085 to S$0.925 as at 1.24 pm, before the bourse regulator query at 1.37 pm. The last time Nanofilm’s shares closed near this level was Dec 19, 2023.
Posted in Technology
