Hot stock: Marco Polo Marine up as much as 6.8% after Maybank initiates coverage with ‘buy’ call
Add BT as a preferred sourceBenicia Tan &
Yong Jun Yuan
SHARES of Marco Polo Marine rose on Thursday (Mar 21) morning after Maybank Securities initiated coverage on the stock with a “buy” call on Wednesday.
As at 9.23 am, the shipyard and marine logistics company had risen 6.8 per cent or S$0.004 to S$0.063 after 17.1 million of its shares were transacted, which was more than twice the counter’s average volume of about 8.5 million.
The counter later closed S$0.003 higher at S$0.062, after 37.3 million shares worth S$2.3 million changed hands.
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