Wednesday, 29 November 2017

Gainers dwarfed failures 164 to 155, with 874.1 million offers worth S$448.7 million exchanged.

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Singapore shares continue level on Wednesday evening; STI at 3,441.69 

SINGAPORE shares continued exchanging level on Wednesday with the Straits Times Index at 3,441.69, down 0.66 point as at 1.01pm. 

The most effectively exchanged counter was Nico Steel, which was level at S$0.006 with 72.5 million offers evolving hands. Different actives included AusGroup at S$0.038, up by S$0.001 or 2.7 for every penny with 17.3 million offers and Tuan Sing at S$0.44, up by S$0.025 or 6 for each penny with 14.4 million offers exchanged. 

Other dynamic record stocks included OCBC Bank which was down 0.24 for each penny to S$12.27; and DBS, down 0.08 for every penny to S$24.63.

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Monday, 27 November 2017

Stocks to watch: Sabana Reit, Oxley, Golden Agri, Noble

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SINGAPORE - The accompanying stocks made declarations that may influence their exchanging on Monday (Nov 27) when the market opens. 

Respectable Group: The products merchant is offering an ethanol business in the Americas for US$12.5 million or more modifications for working capital, stock and obligation.

Sabana Shari'ah Compliant Industrial Real Estate Investment Trust: The property trust said throughout the end of the week that discussions with Warbug Pincus-sponsored ESR-Reit identified with Sabana's key audit have finished with no arrangement set up. 
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Oxley Holdings: The property engineer has affirmed that it is consulting to purchase the Chevron House working in Singapore's money related region. Oxley said in a declaration before the market opened on Monday that it is directing due perseverance, and no complete assention has been executed yet. 

Brilliant Agri-Resources: The oil palm maker is offering its whole stake in Sinarmas Natural Resources Foodstuff (Technology) Tianjin, an oilseeds business, to a backup of Louise Dreyfus Company Asia. The last thought will be founded on Sinarmas Natural Resources' underlying endeavor estimation of US$111 million, working capital and money related explanations at finishing.

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Friday, 3 November 2017

Stock Market Today-Stocks to watch for Today: UOB, China Aviation Oil, Manulife US Reit, StarHub, Sembcorp

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SINGAPORE - Stocks to look out for on Friday morning trading include UOB, China Aviation Oil (S) Corp, Manulife US Real Estate Investment Trust, StarHub and Sembcorp Industries.

United Overseas Bank: UOB said on Friday net earnings for the third quarter rose 12 per cent over the same period a year ago to S$883 million, largely due to stronger net interest income and fee and commission income. On Thursday after trading hours, UOB also announced that Wee Cho Yaw will retire from the board after having steered the bank for six decades.

China Aviation Oil (S) Corp: CAO's net profit for the three months to September fell nearly 8 per cent to US$21.4 million from S$23.2 million a year ago, mainly owing to lower gains from trading activities and optimization activities due to supply disruptions led by weather and refineries outages.
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Manulife US Real Estate Investment Trust (Reit): The Reit is paying a 1.6 US cent distribution per unit for the third quarter, beating its projection of 1.46 US cents by 9.6 per cent as it took in contributions from its maiden acquisition of 500 Plaza Drive in New Jersey.

StarHub: StarHub has posted a net profit of S$76.5 million for the third quarter, down 11.5 per cent from the same period a year earlier.

Sembcorp Industries: Higher finance costs and lower revenue eroded third-quarter earnings for Sembcorp Industries, which also wrote down S$56.3 million on its utilities business in Singapore.

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