Five stocks linked to manufacturing were among the biggest intraday movers in the three months spanning March to May, averaging daily price ranges of more than 2.5 per cent, according to a Singapore Exchange market update.
The counters, which are not part of the Straits Times Index (STI), were AEM Holdings, Memtech International, Creative Technology, Best World International and Delong Holdings.
Over the three months, the five stocks generated average daily ranges of 4 per cent. They represent businesses with manufacturing-related activities. These span handling and test solutions, component solutions, consumer electronics, health products and HRC Steel.
Meanwhile, the 30 constituents of STI consistently generated median daily swings of 1.5 per cent, between the stock's daily high and the daily low price for the three months.
Another manufacturing stock - Hi-P International - also ranked among the top 10 non-STI counters with the largest intraday tick ranges for two of the months, while generating average daily price ranges of 5 per cent, the report said.