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SIA jumps to 6-month high of S$11.24 as profit tops analyst estimates
Published Fri, Feb 5, 2016 · 09:50 PM
Singapore
SINGAPORE Airlines climbed to a six-month high after reporting a quarterly profit that beat analyst estimates, as lower fuel prices helped South-east Asia's largest carrier attract more passengers with cheaper fares.
The stock rose 3.9 per cent to S$11.24 on Friday, the highest close since July 29. The shares gained 0.4 per cent this year, compared with 9 per cent decline for the benchmark Straits Times Index.
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