Volume spike: Old Chang Kee (5ML.SI) S$1.15 intraday 17 Jan 2026: watch follow-through
A clear intraday volume spike pushed Old Chang Kee Ltd. (5ML.SI) to S$1.15 on SES on 17 Jan 2026, with 23,700 shares traded. The stock sits above its 50-day average of S$1.1426 and closed higher by S$0.01 or 0.88% versus the prior close of S$1.14. The volume is about 2.23x the 10,616 average, flagging a genuine volume-led move. Traders should watch whether this spike produces follow-through above the year high of S$1.20 or fades back toward key support.
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