Keppel Corp soars on signs of multi-business portfolio bearing fruit

Singapore

SHARES in Keppel Corporation surged at the start of Friday following its first quarterly revenue and operating profit increase since 2014.

The stock opened at S$7.10, up eight cents from the previous close and surged to an intra-day high of S$7.33 before paring some gains to close at S$7.30.

Over 15.9 million shares changed hands, compared to a three-month average of 3.04 million shares.…