Singapore Exchange Limited (OTCMKTS:SPXCY – Get Free Report) was down 6.3% during trading on Friday. The stock traded as low as $32.80 and last traded at $32.90. Approximately 1,272 shares changed hands during mid-day trading, a decline of 96% from the average daily volume of 29,535 shares. The stock had previously closed at $35.10.
Wall Street Analysts Forecast Growth
Separately, Zacks Research cut Singapore Exchange from a “strong-buy” rating to a “hold” rating in a report on Monday, August 17th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock currently has an average rating of “Hold”.
Get Our Latest Analysis on SPXCY
Singapore Exchange Trading Down 6.3%
About Singapore Exchange
Singapore Exchange Limited (SGX) operates Singapore’s securities and derivatives exchange. Its marketplace supports the listing and trading of equities, exchange-traded funds, real estate investment trusts, bonds and other securities, while its derivatives business offers contracts linked to equity indexes, commodities, currencies and interest rates.
SGX also provides market infrastructure and related services, including clearing, settlement, custody, market data, indices and connectivity solutions.
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