Yangzijiang Shipbuilding (BS6) Soars 3.25% on Jan 6 – ZTribune
Shares of Yangzijiang Shipbuilding (SGX:Holdings Ltd) last traded at 1.27, representing a move of 3.25%, or 0.04 per share, on volume of 16.90 million shares. After opening the trading day at 1.22, shares of Yangzijiang Shipbuilding traded in a close range. Yangzijiang Shipbuilding currently has a total float of 3.95B shares and on average sees 22.45 million shares exchange hands each day. The stock now has a 52-week low of 0.84 and high of 1.66.
Singapore Exchange (SGX): Asias Rising Exchange Giant
Singapore Exchange, or SGX, is the main securities trading platform in Singapore.
The assets traded on the platform comprise stocks, bonds, debentures, derivatives and exchange traded funds (ETFs). Yangzijiang Shipbuilding is represented there as well. Stocks are the most popular assets traded on SGX.
As of January 2009, there were 768 companies whose stocks were listed on SGX. Several foreign companies are listed on SGX. In 2009, there were 455 domestic companies and 313 foreign companies listed or cross-listed on the exchange. SGX is one of the major exchanges for stocks and derivatives in South-East Asia and aims to be Asias leading securities exchange. This leasing position allow companies like Yangzijiang Shipbuilding to receive new trading deals.
SGX was created on December 1, 1999. It resulted from a merger of Singapore International Monetary Exchange and Stock Exchange of Singapore. The predecessors were Singapores most established and highly reputed exchange platforms.