Stocks to watch: Nio, SingPost, Digital Core Reit, Trendlines
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THE following companies saw new developments that may affect the trading of their securities on Thursday (Jan 2):
Nio : The Chinese electric vehicle maker on Wednesday announced it delivered a record 72,689 vehicles in the fourth quarter of 2024, 45.2 per cent higher than the previous year. The numbers for December were at a monthly high, with the company delivering 31,138 vehicles, up 72.9 per cent from the year-ago period. Shares of Nio on the Singapore Exchange closed US$0.06 or 1.3 per cent lower at US$4.51.
Singapore Post (SingPost): The postal services provider has appointed Neo Su Yin, 44, as its group chief operating officer, effective Jan 2. She will oversee the group’s Singapore and international business units and property, said SingPost on Thursday. The counter closed 1.9 per cent or S$0.01 higher at S$0.53 on Tuesday.
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