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Daily Market Summary 13 Feb 18

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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