YuuZoo surges in brisk trading on stronger Q1 profit, revenue

Singapore

YUUZOO, a mainboard-listed social media, e-commerce and entertainment company, was the second-most active stock on Singapore Exchange on Friday, after commodities trader Noble.

At the close of trading, some 44.45 million YuuZoo shares had changed hands. The stock finished 7.5 per cent higher at S$0.215. In the late morning to early afternoon, the stock rose by as much as 12.5 per cent to S$0.225 from its previous close of S$0.20.

This came on the back of what YuuZoo described as "very strong" results for the first quarter…