SINGAPORE (June 30): Shares of Jardine Cycle & Carriage, which owns Jakarta-listed automotive distributor Astra International, continue to rise, adding another 2.3% on Thursday morning to hit $36.33.
Jardine C&C, a member of the Jardine Matheson Group, has gained more than 11% in the past three sessions to its highest since early May, after drifting along for about a month at around its lowest level this year. The stock prompted the Singapore Exchange to issue the company with an unusual activity query on Wednesday at 3.44pm.
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