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Monthly: Nera Telecommunications loses SGD5 million (US$4 million) in MCap in December, biggest drop in Communications Equipment sector

Dec 31, 2018 - News Bites - Asia: Singapore


Nera Telecommunications (SI:N01), Singapore's largest Communications Equipment company by market cap, has decreased 1.50c (or 5.3%) in the month ended December 31 to close at 27.0c. This loss makes the stock the biggest decliner in the Communications Equipment sector which is down 4.5%. The volume in the month was 1.1 times the average trading of 1.5 million shares per month. Compared with the Straits Times Index which fell 48.9 points (or 1.6%) in the mont...