The Business Times
business-time-50

Hot stock: Centurion up 10% after CGS-CIMB initiates coverage with ‘add’ call

google-preferred-sourceAdd BT as a preferred source
Daphne Yow

Daphne Yow

Published Mon, Jul 17, 2023 · 02:31 PM
    • The Centurion counter's trading volume of 4.9 million shares was well above its average trading volume of 234,898.
    • The Centurion counter's trading volume of 4.9 million shares was well above its average trading volume of 234,898. PHOTO: BT FILE

    SHARES of worker and student accommodation provider Centurion Corporation rose by as much as 10 per cent on higher-than-usual volume on Monday (Jul 17), after CGS-CIMB initiated coverage on the stock with an “add” call.

    Its shares hit S$0.44 – a three-year high – just before the midday trading break. The last time its share price closed near this level was on May 6, 2020.

    Its trading volume of 4.9 million shares at the trading break was also well above its average trading volume of 234,898.

    Hot StockCenturion Corp

    TRENDING NOW

    Senior Judge Lee Seiu Kin rejects Chander Agarwal’s characterisation of the expenses as loans, pointing to a pattern of lavish spending on Felicia Lee.

    Hell hath no fury like a man scorned: CEO’s S$468,000 suit against ex fails after relationship sours

    The Philippines has lost between 42.3 billion pesos (US$675.6 million) and 118.5 billion pesos to flood-control corruption since 2023.

    Floods compound Philippine growth woes from public-works scandal

    Despite the current sell-off, currency strategists view the ringgit’s slide as temporary.

    Singdollar hits 10-month high against ringgit as investors take refuge in traditional safe haven

    For many next-generation entrepreneurs, legacy is no longer a destination but a launch pad; Singapore sits at the centre of this transformation.

    How Asia’s next generation is rewriting legacy through entrepreneurship

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More