Ley Choon surges 15% as investors positive on construction upturn
SHARES of construction and engineering company Ley Choon jumped on Thursday (Jan 23) morning, after The Business Times reported that the stock is worth watching as the company is set to ride the construction upturn.
When the market opened, the counter rose 14.6 per cent or S$0.007 to S$0.055, with about 2.5 million shares changing hands. The last time it traded at such levels was in July 2024.
By 10.02 am, Ley Choon remained one of the top-traded counters by volume. Its shares were up 12.5 per cent or S$0.006 at S$0.054, with 9.5 million shares transacted.
No married deals were recorded in early trade, based on ShareInvestor data.
BT reported that Ley Choon might be a stock to watch for investors as the company has repaired its finances and appears to be on the way to better fortunes.
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