SGX was the most traded stock by value on the Singapore bourse by Wednesday afternoon, even though it had lifted its trading halt only during the midday break.futures and options contracts, save for those under MSCI Singapore, when their licence agreements expire in February next year.
SGX fell 11.8 per cent or S$1.17 to S$8.73 as at 3.40pm on Wednesday, after 10.7 million shares changed hands. This marks the lowest share price for the counter in two months. SGX shares traded at S$8.59 on March 24. It was the most traded stock by value on the Singapore bourse by Wednesday afternoon, even though it had lifted its trading halt only during the midday break.
According to Reuters, Wednesday's share price drop, if sustained, would be the counter's steepest daily percentage fall since 2008, though the price is roughly steady year to date.
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