Seatrium$Seatrium(5E2.SG)Seatrium slipped 0.51% to close at 1.95 after trading in a narrow range. Selling pressure emerged early in the session but the stock managed to recover from its intraday low and closed above the day's average traded price suggesting buyers continued to provide support near current levels.
While the stock remains below the psychological 2.00 mark the ability to hold above the recent support zone indicates that consolidation is still underway. Investors will be watching for renewed buying momentum and fresh contract announcements that could help drive the next leg of Seatrium's recovery
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