J&T Global Express jumps most in 4 months on strong parcel volume growth

J&T Global Express

09/04/2024 05:03

** Shares of China's J&T Global Express Ltd  1519.HK  jump
8.6% to HK$10.88, on course for their biggest one-day pct rise
since Dec 1 
    ** Stock hits the highest since March 28 and on track for
the second session of gain
    ** The global logistics services group says it recorded a
total parcel volume of 5.03 bln in three months period ended in
March, up 48.5% YoY, while the average daily parcel volume was
at 55.3 mln, up 46.9% YoY      
    ** Hang Seng Commerce & Industry Index  .HSNC  adds 0.5%,
while Hang Seng Composite Index  .HSCI  and Hang Seng Index
 .HSI  both gain 0.7%
    ** Stock down 33.2% YTD  

 (Reporting by Donny Kwok)
 ((donny.kwok@thomsonreuters.com))