Stock Market Today : Keppel Corp down 2.6% subsequent to reporting “suspicious” Skornicki bargains .

RIGBUILDER and property aggregate Keppel Corporation exchanged lower after it said on Monday morning that its Brazilian specialist, Zwi Skornicki, may have gone into “suspicious” exchanges.

The upgrade took after inner examinations. Mr Skornicki was charged to have renumerated open authorities in return for contracts from state-claimed oil organization Petrobras, with the learning and authorisation of key Keppel administrators. Keppel was building rigs for Petrobras supplier Sete Brasil.

By 10.22am, Keppel was exchanging at S$5.25, down 14 pennies or 2.6 for every penny. It had hit a high of S$5.43 before sinking to a low of S$5.23.

Keppel was likewise the second most exchanged stock by quality on the Singapore Exchange, with 3.4 million shares worth S$18 million exchanged.

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