- Katrina (Bali Thai, Streats, So Pho etc) +26%
- Tung Lok +20%
- Soup Restaurant +19%
- Kimly +5%
- ABR (Swensen’s) +4%
- RE&S (Kuriya, Ichiban) +3%
- Jumbo +2%
Congratulations dear reader! We are finally at a point in time where we can finally be maskless “outdoors”. Though we are still far from normality, this is certainly one step closer to pre-covid life! With the easing of restrictions, one of the most anticipated moves is the increase in dining capacity from 5pax to 10pax. This is something that has excited many with the stock market being no exception.
On the same day of PM Lee’s address, Alvin reported the following spikes in these F&B stocks.