Singapore, 16 December 2024: Capital World, Hoe Leong, and Quantum Health led the list of the most volatile stocks during Monday’s midday trade, each soaring 100.00% to 0.002 SGD as of 1:04 PM local time.
Clearbridge Health also saw sharp movement, rising 33.33% to 0.004 SGD, reflecting significant investor interest in smaller-cap stocks. Meanwhile, Salt Investments and Autagco showed no movement, remaining flat at 0.003 SGD and 0.004 SGD, respectively.
The dramatic gains in Capital World, Hoe Leong, and Quantum Health indicate heightened speculative activity, likely driven by increased trading volumes in penny stocks. Analysts noted that such fluctuations are typical for lower-priced stocks, where minor changes can result in sharp percentage movements.
Disclaimer: This article is for informational purposes only. It does not constitute financial advice or an endorsement of any investment strategy.