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Hot stock: CapitaLand Investment down as much as 4.2% on profit fall guidance

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Mia Pei

Mia Pei

Published Mon, Dec 11, 2023 · 10:10 AM
    • As at 9.53 am on Monday, CLI was trading down 2.3 per cent, or S$0.07, to S$3.03.
    • As at 9.53 am on Monday, CLI was trading down 2.3 per cent, or S$0.07, to S$3.03. PHOTO: BT FILE

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    SHARES of CapitaLand Investment (CLI) fell as much as 4.2 per cent on Monday (Dec 11), following last Friday’s net profit guidance for FY2023.

    The counter dropped to a low of S$2.97 as at 3.29 pm, down 4.2 per cent or S$0.13.

    At the close, shares of CLI pared losses, ending 3.2 per cent or S$0.10 lower at S$3. Some 12.5 million shares worth S$37.5 million changed hands, making CapitaLand Investment one of the most heavily traded counters on Monday.

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