Singapore Exchange halts all stock trading on securities market
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Singapore Exchange halts all stock trading on securities market
Singapore Exchange halts all stock trading on securities market
By Bloomberg / Bloomberg | July 14, 2016 : 1:06 PM MYTSINGAPORE (July 14): Singapore Exchange Ltd halted all equities trading on its market Thursday morning, suspending activities in shares including DBS Group Holdings Ltd and Singapore Airlines Ltd.
The bourse said in an e-mail that the measure was temporary, though it did not provide further details or say when trading would resume.
“Orders can be put in, taken out or amended during the time when the market is closed,” SGX said. “Orders will be matched only when the market reopens.”
Singapore Exchange is home to Southeast Asia’s largest stock market, with total capitalization in the city of S$494 billion (US$367 billion), according to data compiled by Bloomberg. About S$1.57 billion of shares change hands on an average day in the past 12 months.
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