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Monthly: SHS Holdings drops 13% on high volatility

Dec 31, 2018 - News Bites - Asia: Singapore


SHS Holdings (SI:566), Singapore's 3rd largest Oil, Gas and Consumable Fuels company by market cap, traded between an intra-month high of 21.50c and low of 18.80c. In December its volatility (highest price minus lowest price/lowest price) of 14.4% was 1.54 times average monthly volatility of 9.3%, up from 7.5% in December and 7.5% in October. The share price plummeted 2.70c (or 12.6%) in the past month to close at 18.80c. Compared with the Straits Times Ind...