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.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Luxury group Richemont reports slowdown in Q4 sales, appoints new CEO
Vietnam forfeits billions of US dollars in foreign aid amid anti-graft freeze
Asia: Stocks mixed after Wall Street, Europe retreat from records
Mapletree closes second Japan logistics development fund, expects 110 billion yen AUM
Dolce & Gabbana metaverse fashion offering leaves shopper fuming
Microsoft offers cloud customers AMD alternative to Nvidia AI processors