Archive for August, 2017

Daily Market Summary 28 Aug 2017

US stock market ends higher on Fri after Yellen, Draghi speeches with no clues about future monetary policy moves. MW

DJ +0.1 4% to 21,813

Nasdaq -0.09% to 6,265

S&P +0.17% to 2,443

Gold +0.01% to 1298

Oil -0.48% to 47.64

Japan Nikkei +0.15% in early moves. MW

Ocean Sky, Tiong Seng jointly acquire Sloane Court hotel and sites at Balmoral Road for $80.5 mil. SGX

Imperium Crown FY17 losses narrow to $6.7 mil on absence of a net fair value loss. SGX

GL Limited reports 28% fall in FY17 earnings to $66.4 mil as sales fall across the board. SGX

Metech reverses back to profitability of 0.87mil in FY17 as sales treble. SGX

Global Yellow Pages FY17 net loss narrows to $1.7 mil. SGX

AusGroup swings back to profitability of 4.9mil in FY17 on absence of one-off impairments. SGX

Silverlake Axis FY17 earnings more than treble to $270 mil on one-off gain. SGX

Tan Chong half year earnings treble to $57.4 mil on higher margins. SGX

SPH sells back stakes in Mediacorp entities for $18 mil; to cease print edition of TODAY. SGX

LTC Corp posts 24.4% increase in FY17 earnings to $8.6 mil. SGX

ST Engineering acquires repair assets in US for $34 mil. SGX

Daily Market Summary 25 Aug 2017

US Stock market closes slightly lower in volatile session, as investors focused on a symposium of central bankers in Jackson Hole, Wyo. MW
DJ -0.13% to 21,783

Nasdaq -0.11% to 6,271

S&P -0.21% to 2,438

Gold +0.01% to 1292

Oil +0.63% to 47.73

Japan Nikkei +0.26% in early moves. MW

Wing Tai posts near-trebling of FY17 earnings to $20.1 mil. SGX

Creative sinks into full year losses of $31.2 mil on absence of other gains. SGX

China Everbright Water secures water treatment project worth $14.5 mil. SGX

FJ Benjamin FY17 losses narow 24% to $17.4 mil. SGX

Tiong Woon recorded a net loss of 9.6mil in FY17. SGX

Astaka swings out of the red in FY17 with earnings of $9.0 mil. SGX

HupSteel has announced its FY17 earnings of $170k as compared to a loss of $19.1mil in FY16. SGX

800 Super posts 2.3% rise in FY17 earnings to $17.1 mil. SGX

Mary Chia receives cash offer of 11.1 cents from company related to daughter, son-in-law. SGX

SMJ wins another resort consultancy project in China. SGX

Thakral to sell Hong Kong properties for $74 million, booking $34 mil in net gain. SGX

Daily Market Summary 24 Aug 2017

US Stock market closes lower as optimism fades before Jackson Hole. MW
DJ -0.40% to 21,813

Nasdaq -0.30% to 6,278

S&P -0.44% to 2,444

Gold +0.03% to 1295

Oil -0.06% to 48.38

Japan Nikkei -0.23% in early moves. MW

Keppel unit bags $545 mil contract to build two LNG vessels in US. SGX

Health Management International reports 3.5% rise in FY17 earnings after consolidation of two hospitals. SGX

Ryobi Kiso reverses out the red in FY2017 on absence of one-off losses. SGX

iX Biopharma net losses for FY17 narrow to $7.4 mil. SGX

AusGroup says AMJV awarded extension of works on Ichthys Project Onshore LNG Facilities worth $178 mil. SGX

Parkson Retail Asia sinks into the red in FY2017. SGX

Boustead Projects awarded redevelopment design-and-build contract for Yusen Logistics Facility. SGX

IHH Healthcare 2Q earnings grow 29% to RM316.6 million. SGX

Raffles Education swings back into the black in FY17 on reversal of tax payable. SGX

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