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