City Developments Limited stock price (SGX:C09) in focus after Newport Residences sells 56% on launch day
City Developments shares closed at S$9.28 on Friday, down 0.6%. Agents said 139 of 246 units at Newport Residences sold at launch on Jan 31, with all sea-facing two-bedroom units taken. The Straits Times Index fell 0.5%. CDL will release full-year results on Feb 27.