Dragon Group International Limited (MT1) Plunges -15% on Mar 11

March 11, 2018 - By Migdalia James

Shares of Dragon Group International Limited (SGX:MT1) last traded at 0.017, representing a move of -15%, or -0.003 per share, on volume of 1.27M shares. After opening the trading day at 0.019, shares of Dragon Group International Limited traded in a close range. Dragon Group International Limited currently has a total float of 347.94M shares and on average sees 2.25M shares exchange hands each day. The stock now has a 52-week low of 0.014 and high of 0.059.

Getting to Know the SGX

The Singapore Exchange (SGX) is the primary stock exchange platform in Singapore for 17 years now. It is the resulting union of the two major stock exchange platforms in Singapore, the Singapore International Monetary Exchange and the Stock Exchange of Singapore, that had merged in December 1999. This unification gave opportunity to Dragon Group International Limited to win new investors. All trading instruments in Singapore are traded through the SGX, which is now one of the most reputable and biggest stock exchange platforms in Southeast (SE) Asia.

The SGX is fully owned and operated by Singapore Exchange Limited, which is listed as a publicly traded entity on the stock exchange platform as well. It has gone public only a year after it was formed. The stock is a component of the two leading indices in the country, the MSCI Singapore Free Index and the Straits Times Index (STI). The STI monitors the top 30 companies listed on the SGX in terms of market ....

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