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Stock Weekly: Mermaid Maritime Public tumbles 9.7% on robust volume

Nov 22, 2019 - News Bites - Asia: Singapore


Dateline: Friday November 22, 2019Mermaid Maritime Public Company Ltd. (SI:DU4), Singapore's 3rd largest Energy Equipment and Services company by market cap, has sunk 1.0c (or 9.7%) in the past week to close at 9.30c. Compared with the Straits Times Index which fell 13.2 points (or 0.4%) in the week, this represented a relative price change of -9.3%. This has been exacerbated by robust volume of 1.8 times average for the week. In the past week the market cap...