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Two security-related stocks hit top volume with price surge, triggering SGX query

The Edge Singapore
The Edge Singapore • 1 min read
Two security-related stocks hit top volume with price surge, triggering SGX query
Secura’s unusual trading activity triggered a query from SGX.
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SINGAPORE (May 20): Two security-related small-cap stocks, Secura Group and IPS Securex Holdings, are the two most actively traded counters this morning.

Secura surged as high as 8.3 cents, up more than 22% from yesterday’s close of 6.8 cents. Nearly 30 million shares changed hands as at 9.49am.

IPS Securex, on the other hand, transacted at 8.1 cents, more than 10% up from 7.3 cents close yesterday. Nearly 20 million shares were traded.

Secura’s unusual trading activity has triggered a query from SGX.

In a response released just after market hours, Secura says it is not aware of what might have caused the movement, and that it is in compliance of all applicable rules.

Secura gained 20.59% to close at 8.2 cents; IPS Securex gained 10.96% to close at 8.1 cents.

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