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Hot stock: Wilmar hits near 5-month high amid heavy trading

The counter remains one of the most actively traded in terms of volume with 12.9 million shares transacted

Crystal Heng

Crystal Heng

Published Fri, Sep 27, 2024 · 12:22 PM
    • Wilmar reported a first-half net profit of US$579.6 million in August, up 5.2 per cent from the previous year.
    • Wilmar reported a first-half net profit of US$579.6 million in August, up 5.2 per cent from the previous year. PHOTO: BT FILE

    SHARES of Wilmar International surged on Friday (Sep 27) to reach a near five-month high on brisk trading activity.

    At 11.12 am, the agribusiness counter rose S$0.28 or 8.9 per cent to S$3.42 after 11.2 million securities changed hands. This is higher than the stock’s average volume of 4.5 million securities.

    The last time the counter had reached such levels was in April, when it traded above S$3.40.

    Hot Stockwilmar international

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