Hot stock: Marco Polo Marine rises as much as 6.8%, after Maybank initiates coverage with ‘buy’ call

Hot stock: Marco Polo Marine rises as much as 6.8%, after Maybank initiates coverage with ‘buy’ call


SHARES of Marco Polo Marine rose on Thursday (Mar 21) morning after Maybank Securities initiated coverage on the stock with a “buy” call on Wednesday.

As at 9.23 am, the shipyard and marine logistics company had risen 6.8 per cent or S$0.004 to S$0.063 after 17.1 million of its shares were transacted, which was more than twice the counter’s average volume of about 8.5 million. 

Shares of Marco Polo Marine rose 1.7 per cent or S$0.001 at S$0.060 before the midday trading break. Marco Polo Marine…

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Riah Marton

I'm Riah Marton, a dynamic journalist for Forbes40under40. I specialize in profiling emerging leaders and innovators, bringing their stories to life with compelling storytelling and keen analysis. I am dedicated to spotlighting tomorrow's influential figures.

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