Thursday, May 8, 2014

May 8: StarHub, Ezion, UOL

Singapore shares closed lower on Wednesday, following Wall Street losses and in line with a regional sell-off. The benchmark ST Index drops 9.13 points, or 0.28%, at 3,236.43 on turnover of $1.01 billion. Here are some stocks that could move the market this Thursday morning:

StarHub reported a 7.7% fall in earnings for the first quarter ended Marc to $84.2 million, down from $91.2 million a year ago.

Ezion Holdings said its earnings for the first quarter ended March 31 fell 2% to US$45.21 million, despite a 72.3% rise in revenue.

UOL Group posted a 69% rise in group earnings to $120.8 milllion for the first quarter ended March from a year ago. This was due mainly to the sale of land at Jalan Conlay, Kuala Lumpur.

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