ComfortDelGro top gainer in Singapore index on Auckland contract

ComfortDelGro

27/08/2021 05:24

** Shares of Singapore's ComfortDelGro Corp Ltd  CMDG.SI  
jump as much as 3.75% to trade at S$1.66 after co secures
contract to operate in Auckland, New Zealand 
    ** CMDG is top gainer in Singapore's FTSE Straits Times
Index  .STI  
    ** Co gets S$1.13 bln ($835.43 mln) contract to operate rail
services in Auckland, marking its first foray into the New
Zealand land transport market  urn:newsml:reuters.com:*:nSNZ9WL927 
    ** Auckland operations will be conducted via a 50:50 joint
venture with Australia's CIMIC Group's  CIM.AX  UGL Rail
Services 
    ** Stock posts biggest intraday percentage gain since May 18
    ** About 16.3 mln shares traded, compared with the 30-day
average of about 12.6 mln
    ** Stock down 4.2% this year, as of Thursday's close 
    
    ($1 = 1.3526 Singapore dollars)

 (Reporting by Harshita Swaminathan in Bengaluru)
 ((Harshita.Swaminathan@thomsonreuters.com))