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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

Daily Market Summary 13 Feb 18

February 13th, 2018 No comments

Stocks gain for second session as Dow rallies more than 400 points. MW

DJ +1.70% to 24601

S&P +1.39% to 2656

Nasdaq +1.56% to 6981

Gold -0.11% to 1325

Oil -0.2% to 59.41

SBS Transit posts 50.3% increase in FY17 earnings to $47.1 mil. SGX

Wing Tai records sixfold rise in 2Q earnings to $12.6 mil. SGX

Great Eastern’s 4Q earnings more than double to $423.6 mil; brings FY17 earnings to more than $1 bil. SGX

ISOTeam posts 39% decline in 2Q earnings to $1.9 mil. To sell 34.1% stake in subsidiary to Japan’s Taisei Oncho. SGX

CapitaLand reports 37.8% fall in 4Q earnings to $267.7 mil; acquires Pearl Bank Apartments for $728 mil. SGX

OUE Lippo Healthcare FY17 losses widen to $90.7 mil on lower revenue & higher costs. SGX

Astaka 2Q earnings up by 13.6% to $3.1 mil. SGX

OKP Holdings’ 4Q earnings decline by 75% to $2 mil on lower revenue. SGX

Cordlife swings back to profitability; posts 2Q earnings of $0.74 mil. SGX

Koh Brothers Eco Engineering reports 15% higher FY17 earnings of $7 mil. SGX

Yongmao’s 3Q earnings fall 41.2% to RMB 0.3 mil. SGX

China Sunsine expects ‘substantial increase’ in 4Q and FY17 earnings. SGX

UG Healthcare posts 75% surge in 2Q earnings to $1 mil on ramp-up of new production lines and selling prices. SGX

Epicentre sinks into the red in 1H18 on lower revenue. SGX

Metro’s 3Q earnings surge 7 times to $147 mil on gain from disposal of 8 projects by Top Spring. SGX

Sing Investments posts 63.7% rise in full-year earnings to $22.7 mil. SGX

Boustead Projects posts 5% drop in 3Q earnings to $8.01 mil. SGX

New Silkroutes returns to profitability in 2Q on higher revenue; expects trading suspension to be lifted ‘shortly’. SGX

Hai Leck posts 2Q earnings drop 9.9% to $2.02 mil. SGX

Stamford Land posts 14.4% decline in 3Q earnings to $9.7 mil on higher expenses. SGX

Bukit Sembawang’s 3Q earnings double to $10.7 mil. SGX

Karin Tech posts 77% fall in 1H earnings to HK$3.2 mil. SGX

Soon Lian swings back into the black in FY17. SGX

Civmec reports 17-fold surge in 2Q earnings to $6.9 mil on higher revenue. SGX

Keong Hong’s 1Q earnings sink 53.6% to $1.8 mil. SGX

Ley Choon posts 96.2% fall in 3Q earnings to $0.3 mil on absence of one-off gain. SGX

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