Parkson Retail Asia shares continue surge in Friday's session
Department store operator says it cannot explain unusual stock movement
Singapore
SHARES in Parkson Retail Asia continued to climb on Friday morning, spiking in early trading before closing at 2.9 Singapore cents later in the day.
The counter jumped to 3.5 cents within the first 10 minutes of trading, but later eased to 2.6 cents in the afternoon. Shares in the department store operator finally ended the day's trading at 2.9 cents, up 3.6 per cent from Thursday. Some 4.76 million shares changed hands on Friday.
TRENDING NOW
Gojek founder Nadiem Makarim faces 18-year jail demand in Indonesia laptop graft trial
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
H&M lays off staff in Singapore, moves regional headquarters to Malaysia
Singapore developer in limbo after Timor-Leste scraps major township project