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Daily Market Summary 21 Feb 18

February 21st, 2018 No comments

Dow, S&P 500 snap 6-day win streak; Walmart shares weigh. MW

DJ -1.01% to 24964

S&P -0.58% to 2716

Nasdaq -0.07% to 7234

Gold -0.1% to 1332

Oil -0.24% to 61.64

TalkMed reports 19% fall in 4Q17 earnings to $8.2 mil on lower sales. SGX

POSH’s 4Q net loss narrows but OSV market stays under pressure. SGX

Lee Metal: 1)posts 40.5% drop in 4Q earnings to $2 mil on higher costs of manufacturing; 2) request for trading halt. SGX

Argyle and Lippo bidco fails to obtain 90% of TIH at offer close; no go for compulsory acquisition. SGX

BRC Asia: request for trading halt. SGX

Daily Market Summary 20 Feb 18

February 20th, 2018 No comments

US markets closed for Presidents day. MW

Gold -0.55% to 1348

Oil +1.59% to 62.53

ComfortDelGro-Uber joint venture enters Phase 2 of regulatory review. SGX

iFast set for higher growth as assets administered expands. SGX

GSH: Incorporation of A Subsidiary in Malaysia. SGX

Spackman says movie Golden Slumber successfully sold across Asia and US. SGX

EMAS Offshore to appeal Oslo exchange’s order to delist from April 27. SGX

Daily Market Summary 15 Feb 18

February 15th, 2018 No comments

Dow ends up 250 points as stock market marks longest win streak in about 5 weeks. SGX

DJ +1.03% to 24893

S&P +1.34% to 2698

Nasdaq +1.86% to 7143

Gold -0.13% to 1356

Oil +0.28% to 60.77

ThaiBev reports 62% fall in 1Q earnings to $122 mil on one-off acquisition expenses. SGX

Far East H-Trust reports 13.4% lower 4Q DPSS of 0.97 cent as serviced residences business stays tough. SGX

Sakae returns to profitability in FY17 on reduced expenses. SGX

IREIT Global declares 7.6% lower 4Q DPU of 1.46 cents. SGX

No Signboard 1Q earnings rise 56.1% to $1.4 mil. SGX

KOP swings back to black in 3Q with $7 mil earnings. SGX

StarHub posts 74% drop in 4Q earnings to $14.1 mil on higher operating expenses. SGX

Japan Foods in JV with local restaurant operator to launch Menya Mushashi in Indonesia. SGX

Raffles Education reports 1H loss of $7.3 mil. SGX

Old Chang Kee posts 9.3% decline in 3Q earnings to $1.2 mil on higher expenses. SGX

Singapore Air Jan passenger load factor comes in flat at 81.1%. SGX

Low Keng Huat acquires Cairnhill Mansions for $362 mil in en bloc sale. SGX

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