The Straits Times Index (STI) on Tuesday ended 5.91 points higher or +0.18% to 3356.08, taking the year-to-date performance to +6.04%. The top active stocks were DBS (+0.06 %), UOB (+1.27%), Keppel Corp (+0.45%), Global Logistic (+1.09%), SingTel (+0.50%). Here are some stocks and factors to watch this Wednesday morning:
The manager of AIMS AMP Capital Industrial REIT has announced a 2% year-on-year rise in Distribution Per Unit (DPU) to 2.55 cents per unit. Net property income rose 23.9% year-on-year to $19.5 million and Distribution to unitholders rose 26.9 per cent year-on-year to $15.8 million.
Starhill Global REIT’s (SGREIT) manager has reported income to be distributed to unitholders hit $26.9 million for 2Q 2014, 5% higher than that of $25.6 million in 2Q 2013.
Oversea-Chinese Banking Corp. said it now owns 97.52% of Wing Hang Bank as shareholders accepted its US$5 billion ($6.2 billion) takeover offer, allowing the acquirer to take its Hong Kong target private.
Singapore's central bank announced new proposals on Tuesday to regulate financial benchmarks, in the wake of a series of scandals around the world involving traders manipulating Libor and other key rates.
Soilbuild REIT posted a distribution per unit (DPU) of 1.5 cents for the second quarter ended June, 2014, 1.3% over its forecast of 1.481 cents during its initial public offer (IPO).
Rotary Engineering said it has disposed its 100-per-cent equity interest in Rotary Shanghai for 22.2 million yuan ($4.5 million) in cash.
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