Jardine Matheson stock hits 52-week high on SGX after fresh buyback filing
Jardine Matheson shares rose 2.5% to $76.64 in Singapore Tuesday, hitting a 52-week high after the company repurchased 50,000 shares for about $3.7 million. The Straits Times Index also set a record at 4,912.46. Investors await the U.S. Federal Reserve’s rate decision Wednesday and the Monetary Authority of Singapore’s policy update Thursday.