05-12-2020, 11:02 AM
These are probably times we haven't seen for some time on the local SGX market.
Rather than the boring real estate deals for the longest time, these are high PE stocks on IPO and then further increased its price after IPO to have higher PE.
Will this shoots of exuberance be the start of more animal spirits to come?
Credit Bureau Asia debuts with strong trading on SGX Mainboard
Opening and closing prices of S$1.15 and S$1.07 per share respectively, above the offering price of S$0.93 per share
A total of approximately 9.4 million shares were traded
https://links.sgx.com/FileOpen/CBA%20-%2...eID=641513
Rather than the boring real estate deals for the longest time, these are high PE stocks on IPO and then further increased its price after IPO to have higher PE.
Will this shoots of exuberance be the start of more animal spirits to come?
Credit Bureau Asia debuts with strong trading on SGX Mainboard
Opening and closing prices of S$1.15 and S$1.07 per share respectively, above the offering price of S$0.93 per share
A total of approximately 9.4 million shares were traded
https://links.sgx.com/FileOpen/CBA%20-%2...eID=641513