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New Silkroutes & Magnus Energy queried over trading activity

Gwyneth Yeo Published on Tue, Aug 23, 2016 / 10:52 AM GMT+8

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SINGAPORE (Aug 23): New Silkroutes Group and Magnus Energy Group were separately queried by the Singapore Exchange on Tuesday morning.

The exchange noted unusual price activity for New Silkroutes' shares, and unusual volume movements in the trading of Magnus Energy's shares.

As at 10.43am, Magnus Energy at 0.1 cent is the top volume stock with 273.5 million shares traded. Shares of New Silkroutes are up 7.4% or 4 cents to 58 cents with 1.1 million shares traded.

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