The Straits Times Index (STI) on Tuesday ended +2.64 points higher or +0.08% to 3316.91, taking the year-to-date performance to +4.80%. The top active stocks were DBS (+0.74%), Spackman (unchanged), GuocoLand (+1.91%), UOB (-0.13%), SingTel (unchanged). Here are some stocks and factors to watch this Wednesday morning:
Singapore Exchange (SGX) announced on Tuesday that following approval from the Reserve Bank of India, its liaison office in Mumbai, India, has started operations.
Suntec REIT announced a distribution per unit of 2.266 cents for its second quarter ended June 30, a slight increase from 2.249 cents a year ago.
Frasers Centrepoint Trust (FCT) reported a 6% rise in distribution per unit (DPU) to 3.022 cents in the third quarter ended June 30, thanks to higher retail rentals and occupancies.
Keppel Telecommunications & Transportation posted a 12.8% decrease in net profit at $14.3 million for the second quarter ended June 30, 2014, after the market closed on Tuesday.
Groundhandler SATS reported a net profit of $43.3 million for the first quarter ended June 30, down from $46.2 million in the corresponding quarter a year ago.
Cosco Corporation (Singapore) said that its shipyards have secured US$300 million worth of contracts.
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