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Tuesday, October 8, 2013

Blumont, Asiasons plunge in flat Singapore market

Source: http://www.theedgesingapore.com/the-daily-edge.html?type=rss

Shares of Singapore diversified holding company Blumont Group and investment firm Asiasons Capital plunged on Monday after their trading suspensions were lifted.

Blumont shares tumbled as much as 87% with more than 87 million shares traded, 5.7 times the average full-day volume over the past 30 days. Asiasons shares dropped more than 90% with more than 64 million shares changing hands, 8.4 times the average volume.



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