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SGX RegCo queries Broadway Industrial on unusual trading activity as share price jumps 33%

Stanislaus Jude Chan
Stanislaus Jude Chan4/8/2020 05:33 PM GMT+08  • 2 min read
SGX RegCo queries Broadway Industrial on unusual trading activity as share price jumps 33%
SGX RegCo notes that this is second query issued to Broadway Industrial in the past four months.
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SINGAPORE (Apr 8): Singapore Exchange Regulation (SGX RegCo) has issued a query to precision machined components manufacturer Broadway Industrial Group, after the counter spiked 32.8% on Wednesday on the back of unusually high trading volume.

Broadway Industrial jumped 2.1 cents to close at 8.5 cents on April 8, with some 36.3 million shares changed hands.

On average, over the past three months, the counter only saw trading volumes of around 270 million shares per month.

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