Singapore shares register gains, amid a mixed performance from other Asian markets.
At 10:05am (0205 GMT), the Straits Times Index gained 0.51% to 3,296.62. Market breadth was positive, with 130 gainers outpacing 115 decliners.
Singapore Telecommunications, DBS Group Holdings, Haw Par Corporation, United Overseas Bank, and Global Logistic Properties were among the most active stocks in the market.
Among top gainers were Jardine Cycle & Carriage, DBS Group Holdings, and Jardine Matheson Holdings, while United Overseas Insurance, City Developments, and Far East Orchard led decliners.
Vallianz Holdings leapt 4% to 5.2 cents. The provider of offshore support vessels to the oil and gas industry has clinched a time charter valued at up to US$300 million ($405.4 million) to supply two self-elevating platforms. The contract was awarded by an existing customer in the Middle East.
Tiger Airways Holdings climbed 1.7% to 30.5 cents. The budget carrier reported that its airline operations in Singapore recorded 10.2% y-o-y decline in traffic to 806.0 million revenue passenger-kilometres (RPK) in June 2015, while capacity decreased by 8.9% to 948.1 million available seat-kilometres (ASK). As a result, passenger load factor decreased by 1.3 percentage points to 85.0%. The number of passengers carried fell by 9.7% y-o-y to about 439,000.
CapitaLand inched up 0.9% to $3.39. Its serviced residence arm, The Ascott Limited, has entered into a 50:50 partnership with Qatar Investment Authority (QIA) to set up a US$600 million ($809 million) serviced residence fund with an initial focus on the Asia Pacific and Europe regions.
Loyz Energy traded flat at 10.3 cents. The oil exploration and production group announced that it expects to report a loss for 4Q ended June 30, which was mainly attributable to a one-time, non-cash charge of its investments in India and the US. The company plans to raise some cash by selling these non-core assets.
Among top decliners, United Food Holdings plunged 9.8% to 16.6 cents. The company, which produces and supplies soybean products and animal feeds, expects to incur a significant loss before tax of up to $119.5 million or RMB550 million in its upcoming second quarter results ending June 30, 2015.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
At 10:05am (0205 GMT), the Straits Times Index gained 0.51% to 3,296.62. Market breadth was positive, with 130 gainers outpacing 115 decliners.
Singapore Telecommunications, DBS Group Holdings, Haw Par Corporation, United Overseas Bank, and Global Logistic Properties were among the most active stocks in the market.
Among top gainers were Jardine Cycle & Carriage, DBS Group Holdings, and Jardine Matheson Holdings, while United Overseas Insurance, City Developments, and Far East Orchard led decliners.
Vallianz Holdings leapt 4% to 5.2 cents. The provider of offshore support vessels to the oil and gas industry has clinched a time charter valued at up to US$300 million ($405.4 million) to supply two self-elevating platforms. The contract was awarded by an existing customer in the Middle East.
Tiger Airways Holdings climbed 1.7% to 30.5 cents. The budget carrier reported that its airline operations in Singapore recorded 10.2% y-o-y decline in traffic to 806.0 million revenue passenger-kilometres (RPK) in June 2015, while capacity decreased by 8.9% to 948.1 million available seat-kilometres (ASK). As a result, passenger load factor decreased by 1.3 percentage points to 85.0%. The number of passengers carried fell by 9.7% y-o-y to about 439,000.
CapitaLand inched up 0.9% to $3.39. Its serviced residence arm, The Ascott Limited, has entered into a 50:50 partnership with Qatar Investment Authority (QIA) to set up a US$600 million ($809 million) serviced residence fund with an initial focus on the Asia Pacific and Europe regions.
Loyz Energy traded flat at 10.3 cents. The oil exploration and production group announced that it expects to report a loss for 4Q ended June 30, which was mainly attributable to a one-time, non-cash charge of its investments in India and the US. The company plans to raise some cash by selling these non-core assets.
Among top decliners, United Food Holdings plunged 9.8% to 16.6 cents. The company, which produces and supplies soybean products and animal feeds, expects to incur a significant loss before tax of up to $119.5 million or RMB550 million in its upcoming second quarter results ending June 30, 2015.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
0 comments:
Post a Comment