Singapore Press Holdings Ltd. is now the worst performer on the MSCI Singapore Index, as shares hover at a 25-year low, after a strategy to diversify into real estate has so far failed to offset sagging earnings from its media business.
SINGAPORE: Singapore Exchange’s (SGX) regulatory unit is proposing imposing price limits for daily stock auctions to prevent incidents such as the US$41bil flash crash in January that briefly roiled shares in conglomerate Jardine Matheson.
The proposed rules are the most significant for the securities market since the bourse introduced circuit breakers for the trading session five years ago, officials from SGX Regulation (SGX RegCo) told a news conference yesterday.
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