Streetbeat News

KPELY

Keppel Corporation Limited

http://www.kepcorp.com/en/

CEO

Chin Hua Loh

Industry

Ship Building and Repairing

Open

10.05

Mkt cap

9.4B

Volume

107

High

10.05

P/E Ratio

16.48

52-wk high

11.34

Low

10.05

Div yield

0.05

52-wk low

8.45

Singapore's economy saw a 2.8% year-on-year growth in Q4 2023, surpassing expectations with significant contributions from the construction and manufacturing sectors. This growth is an increase from the 1% in Q3 and a total expansion of 1.2% in 2023, although lower than the 3.6% in 2022. Economists predict a brighter outlook for 2024, with GDP growth estimates around 1% to 3%. U.S.-listed Singaporean companies like CapitaLand Ascendas REIT, Keppel Corp, and Singapore Telecommunications experienced share price increases following the news.

Portfolio Pulse from Benzinga Neuro

January 02, 2024 | 7:51 am

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