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Shares last traded at 99.5 cents before halt in trading at 3.45pm

There have been many attempts to stimulate retail interest in the stock market over the past few years, but the results have not been encouraging. Brokers and the Singapore Exchange (SGX) regularly conduct educational seminars, the exchange’s website is a useful source of instructional information and commissions are now razor-thin, yet volume today is poor, phones are not ringing and many brokers are seriously contemplating throwing in the towel.

Banks, traders seek to recover US$140m from October crash

The property market in Johor, particularly Iskandar Malaysia, might be a case of too much too soon. According to The Star newspaper, red flags are showing in the state where launches of projects and high prices are commonplace but the pace of launches, which now includes “carpet building” by China developers, is flooding the market with more houses than what could be sustainable.

Blumont Group will be investing about A$1.95 million (S$2.2 million) in an Australia-listed diamond miner, its first foray into the precious stones sector.