Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Singapore Exchange Says STX Pan Ocean’s Plunge Wasn’t Error

The Singapore Exchange said there was no trading error behind the 64 percent plunge by shares of STX Pan Ocean Co., South Korea’s biggest dry-bulk carrier, during the final few minutes of trading yesterday.

Two lots totaling 300 STX Pan Ocean shares changed hands at S$1.595 apiece at 5:04:25 p.m., according to data compiled by Bloomberg. The stock was trading at S$4.25 about five minutes earlier.

There was no error reported by the parties to the transactions, the exchange said today in an e-mailed statement, adding that it monitors market activity closely.

STX Pan Ocean said yesterday in an e-mail it couldn’t immediately comment on the stock plunge. The company’s Seoul-listed shares closed unchanged at 4,125 won.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.