Asia: Markets track Wall St up, US jobs in focus

Asian markets rose on Tuesday, with Tokyo recovering from initial losses as expectations of a US interest rate hike and talk of more Japanese monetary easing pushed the yen down against the US dollar.After Monday's sell-off...

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Singapore shares open 0.6% up on Tuesday

SINGAPORE stocks opened 0.6 per cent higher on Tuesday, with the Straits Times Index rising 15.58 points to 2,845.01 as at 9am.The blue-chip index was buoyed by market sentiment recovering from Fed rate hike fears.About...

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Stocks to watch: GL, Ezion, Healthway

THE following companies made material announcements before the opening of Tuesday's market:Property group GL Ltd, the former GuocoLeisure, reported net profit shot up 41 per cent to US$67.6 million from the year-ago period.Liftboat...

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Taiwan: Stocks rise on bargain hunting as financials recover

Taiwan stocks rose on Thursday on bargain hunting after recent lows, with shares in Mega Financial, the focus of a local probe by prosecutors, rising for the first time in five sessions.As of 0153 GMT, the main Taiex...

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Yoma’s 1Q17 earnings drop 28.6% to $1.8 million on softer property-related sales

Myanmar-focused business conglomerate, Yoma Strategic Holdings, reported a decrease in earnings to $1.8 million for the three months ended 30 June 2016 in 1Q17. Revenue fell 22.4% to $17.6 million in 1Q17 from $22.7 million in 1Q16. The bulk of Yoma’s revenue was driven by the group’s consumer and automotive & equipment businesses, as well as...

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AA REIT posts 1Q DPU of 2.75 cents

The manager of AIMS AMP Capital Industrial REIT (AA REIT) has announced a DPU of 2.75 cents for the 1Q ended June, unchanged from the same period a year ago. Gross revenue came in at $29.2 million in the first quarter, thanks to a property tax refund of $1.1 million. Net property income improved by 1.0% to $20.4 million compared to a year ago while...

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MapletreeLog, PLife, Yoma, Noble, Katrina, Fortune REIT

Here are some stocks that could move the market this Tuesday morning: Mapletree Logistics Trust (MLT) has posted a distribution per unit of 1.85 cents for 1QFY2017, unchanged from the DPU declared in 1QFY2016. For the quarter to June, revenue rose 5.3% to $89.6 million with the full contribution from three properties acquired in Australia, Vietnam...

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SGX Singapore Opening Market Update : Epic Research Singapore

SINGAPORE share prices opened lower on Tuesday with the Straits Times Index down 18.59 points or 0.63 per cent to 2,911.26 as at 9.01am. Wall Street closed lower overnight. Top losers in early-morning trade included...

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SGX Singapore Closing Market Update : Epic Research Singapore

CAUTION reigned on Monday ahead of central bank meetings in Japan and the United States this week. Singapore stocks finished 0.5 per cent lower in the session, with the Straits Times Index dropping 15.5 points to 2,929.85. About...

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SGX Stock Recommendations : Epic Research Singapore

MARKET UPDATES : The Straits Times Index (STI) ended 4.87 points or 0.17% higher to 2945.35, taking the year-to-date performance to +2.17%. The top active stocks today were Singtel, which gained 1.66%, DBS, which...

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Singtel, Raffles Medical, ZICO, Lum Chang, Rowsley, Lian Beng

Here are some stocks that could move the market this Monday morning: Optus Business, the enterprise division of Singtel's Australian subsidiary Optus, has announced a new three year ICT services agreement with insurer QBE Australia that will see Optus deliver voice, mobile and data network services for them. The new contract supports voice and data...

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What's weighing on banks’ profitability in 2Q?

In 1Q2016, shares in DBS Group Holdings, Oversea-Chinese Banking Corp and United Overseas Bank were reeling on concerns of a surge in non-performing loans (NPLs) triggered by rising interest rates, slumping commodity prices and an uncertain economic outlook in China. As banks head into their 2Q2016 reporting season, bank stocks have recovered somewhat,...

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Frasers Commercial Trust’s Microsoft extension a window of opportunity

OCBC Investment Research is keeping its “buy” recommendation on Frasers Commercial Trust (FCOT) and raising its fair value estimate to $1.45 from $1.42 previously. “One major development which took place during the quarter was Microsoft’s decision to extend its current lease at Alexandra Technopark (ATP) for another five years,” says OCBC lead analyst...

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SGX Singapore Opening Market Update : Epic Research Singapore

SINGAPORE share prices opened higher on Monday with the Straits Times Index up 8.61 points or 0.29 per cent to 2,953.96 as at 9.10am, following a Wall Street rebound on Friday. US stocks had rebounded after dipping on...

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ZICO unit granted capital markets services licence by MAS

ZICO Holdings Inc. announced that ZICO Capital has been granted a capital markets services (CMS) licence by the Monetary Authority of Singapore on July 13. The licence will allow ZICO Capital to conduct the regulated activity of advising on corporate finance. Among other responsibilities, ZICO Capital may give advice to persons on compliance with...

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Lum Chang unit wins $61 mil contract from Mapletree

Lum Chang Holdings announced wholly owned subsidiary, Lum Chang Building Contractors, has won a contract to build a 14-storey high-specification industrial building and provide asset enhancement woks to three existing buildings. The contract valued at $60.8 million, was awarded by DBS Trustee on behalf of Mapletree Industrial Trust. Located at the...

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SGX Singapore Closing Market Update : Epic Research Singapore

WALL Street's consecutive all-time highs between Monday and Thursday provided the backdrop for a firm week for the Straits Times Index (STI) during which it gained 20 points or 0.7 per cent at 2,945.35, of which 4.87 points...

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SGX Singapore Closing Market Update : Epic Research Singapore

WALL Street's consecutive all-time highs between Monday and Thursday provided the backdrop for a firm week for the Straits Times Index (STI) during which it gained 20 points or 0.7 per cent at 2,945.35, of which 4.87 points...

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CapitaLand Mall Trust's 2Q DPU up 1.1% to 2.74 cents

CapitaLand Mall Trust (CMT) on Friday reports distribution per unit (DPU) rose 1.1% to 2.74 cents compared to 2.71 cents in the same period last year. 2Q16 distributable income increased 3.3% to $97.1 million, on the back of higher gross revenue and net property income (NPI), which grew 7.1% and 6.0% respectively. In an SGX filing before trading...

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Keppel, SATS, CMT, Suntec REIT, A-REIT, CIT

Here are some stocks that could move the market this Friday morning: Keppel Corporation saw its second quarter profit slump by 48% to $205.78 million, on the back of lower revenue contributions from its offshore and marine and infrastructure divisions. Second quarter revenue was down 37% to $1.63 billion, on $860 million decline in offshore and marine's...

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