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.
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