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Monthly: China Everbright Water drops 13% on high volatility

Dec 31, 2018 - News Bites - Asia: Singapore


China Everbright Water (SI:U9E), Singapore's largest Water Utilities company by market cap, traded between an intra-month low of 30.0c and a high of 36.0c. In December its volatility (highest price minus lowest price/lowest price) of 20.0% was 1.61 times average monthly volatility of 12.4%, up from 10.8% in December and 13.8% in October. The share price plummeted 4.50c (or 13.0%) in the past month to close at 30.0c. Compared with the Straits Times Index whi...