Alset soars 19.4% after Tesla partnership announcement
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
SHARES of Alset International rose on Tuesday after the previous day's announcement of its partnership with electric vehicle (EV) company Tesla to deliver its first 20 eco-friendly homes (Ehomes) in the Houston area of Texas.
The stock rose 19.4 per cent, or 1.2 Singapore cents, to reach an intraday high of 7.4 cents. It ended the day at 6.6 cents, up 0.4 cent or 6.45 per cent higher than Monday's close of 6.2 cents, with 26.61 million shares changing hands.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Singapore has experience to explore more underground spaces for fuel reserves: Tan See Leng
Defensive S-Reits emerge as analysts’ top picks amid macro jitters
