Jardine Matheson stock hits a 52-week high — what investors watch next
Jardine Matheson shares rose 4.3% to $74.72 in Singapore Friday, trading about 330,000 shares. Investors are watching the Mandarin Oriental privatisation, set to take effect Jan. 19 pending a Bermuda court hearing. Mandarin Oriental will pay a $0.60 special dividend Jan. 22. U.S. inflation data due next week may affect risk sentiment in Asian markets.