Every now and then, we get a couple of SG stocks being queried by the Singapore Exchange for unusual trading activities. Many of such stocks are often unheard of and in most cases have unusually low trading volume. However, here are 3 stocks of late that I would actually consider to be quite “mainstream”.
Let’s see what they are and what netizens think are the causes behind their “unusual trading activities”.
What is a Query and why does SGX conduct one?
Queries from SGX usually come in 2 forms and that’s a Query regarding trading activity and/or a query regarding financial statements.
In both cases, they usually happen when the exchange finds irregularities in the companies be it in the trading of the stock or inconsistencies in the documents which said companies submit to SGX.
In most cases, such queries don’t always mean that the said companies are in trouble but the nature of such queries are often to...