Continue reading this on our app for a better experience

Open in App
Home News Company in the news

StarHub shares up 7.55% in last half hour of trading, drawing query from SGX

The Edge Singapore
The Edge Singapore • 1 min read
StarHub shares up 7.55% in last half hour of trading, drawing query from SGX
Photo: StarHub
Font Resizer
Share to Whatsapp
Share to Facebook
Share to LinkedIn
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

StarHub shares surged, drawing a query on unusual trading activity from the Singapore Exchange.

StarHub shares closed at $1.14, up 7.55%. The bulk of the gains was in the last half hour just before the market ended for the day.

In its response just over an hour later, the company says it is not aware of what might have caused the share price to move the way it did, and that it believes it is in compliance of relevant regulations.

The telco is due to report its full year earnings on Feb 7.

In recent months, several analysts have been suggesting that the local mobile sector might see some consolidation.

×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
© 2024 The Edge Publishing Pte Ltd. All rights reserved.