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