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Sembcorp Industries, Sembcorp Marine power ahead in Friday's session

Nisha Ramchandani

Published Fri, Jan 19, 2018 · 09:50 PM

Singapore

SHARES in Sembcorp Industries (SCI) rose on Friday amid speculation about a spin-off in India, while trading in its offshore and marine arm, Sembcorp Marine, picked up following an upgrade to a "buy" rating by Nomura.

SCI shot up 14 Singapore cents to close at S$3.39, while SembMarine jumped 20 cents to hit S$2.30. By market close, some 14.9 million shares in SCI worth S$50.1 million had changed han…