Thursday, July 11, 2013

Eu Yan Sang (technical)

Eu Yan Sang: gaps up today , extending yday's small gains. Recall local brokers CIMB and DMG were recently bullish on the stock, citing its large relative valuation discount to HK -listed peer Beijing Tong Ren Tang, which has enjoyed a stellar run over the past few wks. Meanwhile, other healthcare plays in Singapore, such as Raffles Medical and Cordlife have also posted firm share price movements of late.

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