Top Midday Gainers

MT Newswires Live
27 Dec 2024

Zoomcar Holdings (ZCAR) Thursday reported a 43% increase in November bookings, compared with year-ago levels, with the Indian car-sharing company attributing the rise to surging wedding-season demand.

Zoomcar shares were 77% higher, following a nearly 164% mid-morning spike. Trading volume also was sharply higher, with nearly 55 million shares changing hands, compared with a daily average of around 1.2 million shares.

Ryde Group (RYDE) Thursday said municipal officials in Singapore have renewed its license as a full ride-hailing and carpool operator for another three years.

Ryde Group shares recently were maintaining a more than 25% gain after earlier climbing nearly 120%. Trading volume also was significantly stronger than usual, with more than 20 million shares changing hands compared with a daily average of just under 500,000 shares.

WiMi Hologram Cloud (WIMI) Thursday said it has introduced a random access memory architecture based on quantum technology. Its QRAM platform combines quantum logic gates with basic computer operations to complete fundamental logic equations used in quantum computing, allowing developers to design complex quantum circuits that are "more flexible and efficient" compared with classical logic gates, the company said.

WiMi shares were more than 11% higher in recent trading after clocking a 29% advance. Nearly 17 million shares traded, compared with a daily average of around 1.7 million shares.

Price: 2.52, Change: +1.09, Percent Change: +75.87

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