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Hot stock: iFast hits 8-month high after surge in Q3 net profit

The counter rises 4.8% or S$0.37 to S$8.12 after the market opened

Chong Xin Wei
Published Mon, Oct 28, 2024 · 10:04 AM
    • iFast was one of the most actively traded counters by value, with 853,600 shares worth S$6.8 million changing hands.
    • iFast was one of the most actively traded counters by value, with 853,600 shares worth S$6.8 million changing hands. PHOTO: IFAST

    SHARES of digital bank and wealth management platform iFast rose in early trading on Monday (Oct 28), after the company released its third-quarter financials last week.

    The counter gained 4.8 per cent or S$0.37 to S$8.12 shortly after the market opened. The last time it traded at such levels was in February this year.

    No married deals were recorded in early trade, based on ShareInvestor data.