Trade NetLink NBN Tr - CJLUsg CFD

Track the Netlink NBN share price today and spot the best levels for profitable CFD trades

Netlink was founded in 2017 as a holding company for the physical and financial assets of Netlink NBN which holds the government issued contract for the supply of fiber-optic networking in Singapore. 

The company is the primary builder and operational manager of next generation fiber optics for the mainland and outlying islands of Singapore in collaboration with the national government. The initiative is supported by government ambition to encourage growth in technological and digital applications, and strengthen the strategic economic future of the Singaporean economy. 

The company provides ultra-high-speed internet to more than 1.5 million residential customers as well as 50,000 commercial users. It has recently entered into a significant restructuring phase as it prepares its infrastructure for the switch to a 5G interface. While the primary market is mainland Singapore, Netlink also provides internet connections to many of the smaller outlying islands surrounding Singapore. 

Netlink Trust was listed on the Singapore Stock Exchange mainboard on July 19, 2017 and trades under the ticker symbol CJLU. The stock is a constituent of many of the leading Asian indices including the FTSE ST Large & Mid Cap Index and the MSCI Global Small Cap index.  

The Netlink NBN trust (CJLU) stock has traded within the 52-week range of S$0.0935-S$1.030 at an average volume of close to 202 million shares per day. The stock began 2021 at S$0.97 before dipping to a low of S$0.935 near the middle of March and then rising steadily to S$0.96 by mid-April. 

CJLU has a market capitalisation of just over $3.74bn Singapore dollars and posted a net income of S$78m in 2020. Revenues increased to S$370.2m in 2020, up from S$77.36m the previous year. 

You can trade CJLU now with CFDs and open a long or short position, depending on whether you feel the price will rise or fall. By accessing the live price chart on Capital.com you can view the Netlink Trust stock price in real time.  

CFDs allow you to profit from upward or downward fluctuations in the Netlink Trust stock price. Track the CJLU share price and include this Singapore founded multinational fiber-optic technology company in your investment portfolio.