The Straits Times Index (STI) on Wednesday ended 17.28 points or 0.53% lower to 3,226.71, taking the year-to-date performance to +1.95%. The top active stocks were DBS (-0.87%), SingTel (unchanged), Sembcorp Marine (+1.12%), OCBC Bank (-0.10%) and Genting Sing (-0.91%). Here are some stocks and factors to watch this Thursday morning:
Massage chair maker Osim International said on Wednesday that it was not involved in any ongoing discussions that could explain the drop in its share price over the past two days, prompting the Singapore Exchange (SGX) to issue a "trade with caution" warning. Osim closed 4.1% lower at $2.33.
Ezra’s associated firm, EMAS Offshore, kicked off its secondary listing on the Singapore Exchange's Mainboard yesterday on a lacklustre note, trading as low as 14% below its initial public offer price of $1.21 on its first day. EMAS closed at $1.045.
Thursday, October 9, 2014
Oct 9: Osim, EMAS Offshore
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