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Hot stock: Yangzijiang Shipbuilding surges to over 12-year high on heavy volumes

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Michelle Zhu

Michelle Zhu

Published Mon, Aug 28, 2023 · 11:38 AM
    • Yangzijiang Shipbuilding is at its highest share price level in over 12 years.
    • Yangzijiang Shipbuilding is at its highest share price level in over 12 years. PHOTO: YANGZIJIANG SHIPBUILDING

    SHARES of Yangzijiang Shipbuilding surged to a record high amid brisk trading on Monday (Aug 28) morning.

    As at 10.59 am, the mainboard-listed vessel producer gained S$0.07 or 4.1 per cent to trade at S$1.79. This represented its highest level in over 12 years since the counter began trending under the S$1.80 benchmark in early May 2011.

    Yangzijiang’s share price movement comes after 25.8 million securities worth S$45.4 million were transacted.

    Yangzijiang ShipbuildingHot Stock

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