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Revisions

ComfortDelGro shares gain for third straight day

Hot Stock

ComfortDelGro shares gain for third straight day

PC Lee Published on Tue, Jun 21, 2016 / 1:09 PM GMT+8

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SINGAPORE (June 21): ComfortDelGro rose as much as 0.7% to $2.75, gaining for the third straight day as investors bet that the UK will vote to stay in the European Union.

The public transport operator earns about 25% of its revenue in the UK and Ireland and has about 14% of its assets there.

Any uncertainty about the future of the UK’s economy or currency can hurt the company's outlook.