Singapore Stock Market News

A penny is still a penny

StockFanatic
Publish date: Mon, 18 Mar 2013, 03:20 PM
StockFanatic
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Welcome to Stockfanatic Singapore stock market and regional market news. This is a platform to share Singapore stock market and regional news to investors / man in the street. Investors can also look forward to analyst reports and brokers recommendations. Stockfanatic's Singapore stock market and regional news blog, home of investors one stop news station.
The penny-stock bubble finally burst this week with sharp price declines for many penny shares. The FTSE Catalist Index which tracks 109 penny stocks is down 4.4% wow while the FTSE Fledgling Index which captures the bottom 2% of SGX stocks is down 1.9% wow.
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