SG Morning Highlights: Yoma Strategic hits 1-year high, prompting SGX query
Good morning moomooers! Here are things you need to know about today's Singapore:
●Singapore shares opened lower on Thursday; STI down 0.65%
●Yoma Strategic hits 1-year high, prompting SGX query
●Stocks to watch: ISEC Healthcare, Zico Holdings
-Moomoo News SG
Market Trend
Singapore shares opened lower on Thursday. The$富時新加坡海峽指數(.STI.SG)$decreased 0.65 per cent to 3,400.81 as at 9.04am.
Advancers / Decliners is 38 to 97, with 60.01 million securities worth S$92.47 million changing hands.
●Singapore shares opened lower on Thursday; STI down 0.65%
●Yoma Strategic hits 1-year high, prompting SGX query
●Stocks to watch: ISEC Healthcare, Zico Holdings
-Moomoo News SG
Market Trend
Singapore shares opened lower on Thursday. The$富時新加坡海峽指數(.STI.SG)$decreased 0.65 per cent to 3,400.81 as at 9.04am.
Advancers / Decliners is 38 to 97, with 60.01 million securities worth S$92.47 million changing hands.
Shares of $Yoma Strategic(Z59.SG$ hit a 1-year high on Wednesday (Apr 6), prompting a query from the Singapore Exchange (SGX) over "unusual movements" in the Myanmar-focused company's shares.
The mainboard-listed counter reached a high of S$0.186 at 3.14 pm, up 11.4 per cent or S$0.019. The last time the counter traded near this level was Feb 19, 2021.
Yoma Strategic’s shares closed 8.4 per cent or S$0.014 higher at S$0.181. The company was also the second most actively traded by volume on the Singapore bourse, with 74.2 million shares changing hands.
Stocks to Watch
$ISEC(40T.SG$ : The Catalist-listed medical eye-care provider on Thursday proposed to acquire 2 specialist eye clinics in Ipoh and Kampar, Malaysia for RM56.7 million (S$18.3 million). It is also looking to buy stakes in another 3 Malaysia specialist eye clinics located in Manjung, Teluk Intan and Taiping. Shares of ISEC Healthcare closed 3.3 percent or S$0.01 lower at S$0.29 on Wednesday.
$ZICO Hldgs(40W.SG$ :The management consulting company's indirect subsidiary Zico Trust has been served with a writ of summons, which stated that the company had received US$5 million and S$720,000 and that these funds should be returned to the plaintiff CPS German 1. The trust company is 1 among 3 other defendants in the writ, namely Seed Global Investment, Tew See Mong and Lim Soon Cheng. Shares of Catalist-listed Zico closed 1.5 percent or S$0.001 higher to S$0.069 on Wednesday.
$ISEC(40T.SG$ : The Catalist-listed medical eye-care provider on Thursday proposed to acquire 2 specialist eye clinics in Ipoh and Kampar, Malaysia for RM56.7 million (S$18.3 million). It is also looking to buy stakes in another 3 Malaysia specialist eye clinics located in Manjung, Teluk Intan and Taiping. Shares of ISEC Healthcare closed 3.3 percent or S$0.01 lower at S$0.29 on Wednesday.
$ZICO Hldgs(40W.SG$ :The management consulting company's indirect subsidiary Zico Trust has been served with a writ of summons, which stated that the company had received US$5 million and S$720,000 and that these funds should be returned to the plaintiff CPS German 1. The trust company is 1 among 3 other defendants in the writ, namely Seed Global Investment, Tew See Mong and Lim Soon Cheng. Shares of Catalist-listed Zico closed 1.5 percent or S$0.001 higher to S$0.069 on Wednesday.
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