You are here

Yangzijiang shares up 83% in 2017 as demand for new bulk carriers recovers

Tuesday, August 8, 2017 - 05:50

BT_20170808_SYYANG8_3024057.jpg
Yangzijiang's advance this year has reversed a 26 per cent decline in 2016, though the stock remains below a 2015 peak.

Singapore

A RECOVERY in demand for new bulk carriers has helped Singapore's worst-performing stock in 2016 become its best this year.

Yangzijiang Shipbuilding Holdings Ltd, which specialises in dry bulk carriers, has rallied 83 per cent in 2017 to lead the benchmark Straits Times

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom