Oct. 4 (Bloomberg) -- Singapore Exchange Ltd. said it was checking on STX Pan Ocean Co. shares after data showed a 90 percent decline for South Korea’s largest commodities-shipping company.
Carolyn Lim, an exchange spokeswoman, declined to elaborate on what steps the bourse was taking in a phone interview today. Seoul-based STX Pan Ocean is also checking with the exchange, it said by e-mail.
A combined 10,000 shares were sold in two trades at 90 Singaporean cents apiece at 8:58 a.m., according to data on the Bloomberg terminal. About an hour later, 1,000 shares sold at S$8.50, it said. The stock remained at that price, down 0.9 percent from yesterday, as of 10:52 a.m.
In Seoul trading, STX Pan Ocean fell as much as 8.1 percent to 7,030 won.
--Editors: Neil Denslow, Richard Frost
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