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Daily Market Summary 8 Feb 18

U.S. stocks finish lower in volatile trade as investors fret over rising yields. MW

DJ -0.08% to 24893

S&P -0.5% to 2681

Nasdaq -0.9% to 7051

Gold +0.23% to 1317

Oil +0.16% to 61.69

Singtel posts 8.5% decline in 3Q earnings to $890 mil on lower contribution from associates. SGX

DBS posts record earnings of $1.22 bil for 4Q; proposes final dividend of 60 cents and special dividend of 50 cents. SGX

Perennial Real Estate 4Q Net Profit Up 7.9% to S$27.6 Million. SGX

mm2 Asia reports 52% rise in 3Q earnings to $6.4 mil; issues $48 mil debt to finance cinema ops. SGX

UnUsUaL’s 3Q earnings double to $2.5 mil on higher revenue. SGX

Neo Group’s 3Q earnings surge to $2.08 mil on absence of one-off loss. SGX

SingHaiyi posts 12.8% increase in 3Q earnings to $1.4 mil even as revenue trebles. SGX

Hiap Seng Engineering sinks into the red in 3Q on lower revenue. SGX

Ezion secures US$1.5 bil refinancing package in final leg of restructuring exercise. SGX

OKP and partner submit winning bid of $44 mil for Chong Kuo Road land. SGX

OKP jointly acquires freehold office complex in Perth for $45.2 mil. SGX

Parkway Life REIT acquires nursing facility in Japan for $17.8 mil in sale and leaseback deal. SGX

Union Steel reports 31.5% fall in 2Q18 earnings to $0.3 mil on lower sales. SGX

ComfortDelGro expands footprint in Wales by acquiring New Adventure Travel for $25 mil. SGX

Midas: Request for Trading Halt. SGX

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