Hot stock: The Hour Glass up 8.84%
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
SHARES of The Hour Glass (THG) surged by 8.844 per cent to S$0.80 at 9.40am on Monday, after opening at S$0.76 on Monday morning.
Its previous closing price was S$0.735.
Some 523,300 shares changed hands.
THG had in October last year paid S$13.3 million in cash for the 50-year-old watch retail chain Watches of Switzerland (WOS) from Jay Gee Melwani, a Singapore-based fashion-and-lifestyle group. The move will boost THG's boutiques to 37 across the Asia-Pacific, including those in Japan and Australia.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Japan stocks look set for new highs in 2025 on earnings, reform
Beijing’s calculated silence on the Iran war
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
