Hot stock: Yangzijiang up as much as 6.8% to intraday high of S$1.58

SHARES of Yangzijiang Shipbuilding BS6 advanced in the morning trading session on Tuesday.

As at 11.38am, the index stock was trading at a high of S$1.58, up S$0.10 or 6.8 per cent. A married deal was recorded at 8.30am before the market opened, according to ShareInvestor data.

The stock price eased slightly to S$1.57 as at the midday break, up S$0.09 or 6.1 per cent. The counter remained the most actively traded by volume, with 77.9 million shares worth S$119.6 million changing hands.

Earlier this month, Yangzijiang shares jumped after the shipbuilder posted a 39 per cent on-year growth in its net profit for the half year ended June 30.