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CDL shares jump 5.2% after Citi reiterates 'buy' call

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Ng Ren Jye

Published Thu, Oct 17, 2019 · 09:50 PM

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Singapore

SHARES of mainboard-listed property developer City Developments Limited (CDL) jumped as much as S$0.53 or 5.4 per cent on Thursday, surpassing the S$10 mark for the first time in more than a year.

They ended the day S$0.51, or 5.16 per cent, higher at S$10.39.

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