The following stocks may be in focus today:
Hu An Cable Holdings, the manufacturer of electrical cables in China, says the local government of Wuxi City, Guanlin Town, has proposed that the company dispose the assets and liabilities of the group’s three Chinese subsidiaries – Wuxi Hu An, Wuxi Shenhuan Electric Co. and Shenhuan Cable Technology Co. – to potential purchaser Yixing Jinxiao Copper Industry Co.
Challenger Technologies has set up a wholly owned subsidiary, Challenge Venture, to focus on investing in companies and businesses to complement Challenger’s existing business.
Jacks International posted a loss of $125,000 for the 1H16 ended July compared with earnings of $521,000 a year ago. The distributor of health foods and supplements in Singapore, Brunei and China blamed the loss on lower revenue and higher marketing and distribution expenses and foreign exchange loss.
Markets
U.S. stocks rose more than 2% on Tuesday, bouncing after steep losses last week and a China-fuelled rebound in global equities. The Dow Jones industrial average rose 390.3 points, or 2.42%, to 16,492.68, the S&P 500 gained 48.19 points, or 2.5%, to 1,969.41 and the Nasdaq Composite added 128.01 points, or 2.73%, to 4,811.93.
The Straits Times Index ended the day 1.15% higher at 2,885.32, after trading between 2,829.20 and 2,892.18. Excluding warrants, gainers outnumbered decliners 245 to 151.
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Hu An Cable Holdings, the manufacturer of electrical cables in China, says the local government of Wuxi City, Guanlin Town, has proposed that the company dispose the assets and liabilities of the group’s three Chinese subsidiaries – Wuxi Hu An, Wuxi Shenhuan Electric Co. and Shenhuan Cable Technology Co. – to potential purchaser Yixing Jinxiao Copper Industry Co.
Challenger Technologies has set up a wholly owned subsidiary, Challenge Venture, to focus on investing in companies and businesses to complement Challenger’s existing business.
Jacks International posted a loss of $125,000 for the 1H16 ended July compared with earnings of $521,000 a year ago. The distributor of health foods and supplements in Singapore, Brunei and China blamed the loss on lower revenue and higher marketing and distribution expenses and foreign exchange loss.
Markets
U.S. stocks rose more than 2% on Tuesday, bouncing after steep losses last week and a China-fuelled rebound in global equities. The Dow Jones industrial average rose 390.3 points, or 2.42%, to 16,492.68, the S&P 500 gained 48.19 points, or 2.5%, to 1,969.41 and the Nasdaq Composite added 128.01 points, or 2.73%, to 4,811.93.
The Straits Times Index ended the day 1.15% higher at 2,885.32, after trading between 2,829.20 and 2,892.18. Excluding warrants, gainers outnumbered decliners 245 to 151.
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
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