NOL delists from SGX on Monday

NEPTUNE Orient Lines (NOL) shares have been delisted from Singapore Exchange (SGX), with effect from 9.00am on Monday.France-based CMA CGM said that it has completed the exercise of its rights of compulsory acquisition...

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Hong Kong, Shanghai: Shares open flat

Hong Kong shares were barely moved in the first few minutes of trade Wednesday following the previous day's sharp gains.The Hang Seng Index edged down 3.92 points, to 23,012.19.And in Shanghai the composite index was...

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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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Stocks to watch: SGX, penny stocks, AusGroup, Santak, Mary Chia

SINGAPORE Exchange (SGX): The bourse operator is suspending its minimum trading price (MTP) requirements for mainboard-listed companies as it considers a proposal to add a market capitalisation criterion to the current...

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Stocks to watch: SGX, SATS, Ezra, Lippo Malls

SINGAPORE Exchange (SGX): The Baltic Exchange's board hasunanimously recommended that its shareholders vote in favour of Singapore Exchange's (SGX) proposed acquisition, where the former will be acquired by the local...

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SGX trading queries issued to Best World, LionGold, Broadway Industrial

THREE companies - Best World International, LionGold Corp and Broadway Industrial Group - were queried by Singapore Exchange (SGX) on Monday regarding their trading activities.The query to Best World, for unusual price...

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SINGAPORE STOCKS MARKET UPDATE BY EPIC RESEARCH

The Straits Times Index (STI) ended 3.91 points or 0.14% lower to 2865.91, taking the year-to-date performance to -0.58%.The top active stocks today were DBS, which gained 0.60%, Singtel, which declined 0.47%, OCBC Bank,...

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Singapore shares open lower as STI eases 0.2% to 2,861.54

SINGAPORE shares opened lower on Monday, with the Straits Times Index (‪#‎STI‬) slipping 0.20 per cent, or 5.86 points, to 2,861.54 as at 9:06am.Gainers outnumbered losers 80 to 65, or about six up for every five down,...

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Singaporesharesweaken on Friday but STI gains 1.4% over the week

the Straits Times Index (#STI) rose 40 points or 1.4 per cent to 2,867.40, including Friday's 2.42 point drop. Providing the backdrop was a largely firm Wall Street, still basking in the "Goldilocks"...

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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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