Top mover alert: City Dev jumps as much as 5.3%, call warrants up 10 times more

🔥City Dev $CityDev(C09.SI)$ is this morning's top performing stock on the Straits Times Index after rallying as much as 5.3% to $8.80

✳Trending City Dev call $CityDev MBeCW260730(WKUW.SI)$

(https://warrants.com.sg/tools/livematrix/WKUW) was up as much as 50% to $0.021

🏆Macquarie's two City Dev call warrants WKUW and FTAW are the top two best performing warrants this morning as of 1010AM

City Dev is boosted by news of an analyst upgrade in stock ratings and price target to $10.45

According to Bloomberg, reasons for the analyst's re-rating include a low SORA that will provide earnings momentum for City Dev given the record FY25 residential sales and hotel demand recovery

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