SINGAPORE (Aug 2): Here are a few stocks that may move the business sector this Tuesday morning:
Ascendas Land Speculation Believe (A-REIT), has announced a 1Q16 DPU of 3.996 pennies, 4% higher from a year prior, helped fundamentally by the Australia Portfolio and ONE@Changi City, which were gained in the second 50% of FY15. In a different documenting, A-REIT's chief is likewise proposing to offer 64 million new units to institutional and different financial specialists at an issue cost of amongst $2.344 and $2.417 each to raise gross continues of no under $150 million to support the securing of two Australian properties and for AEIs. Units of A-REIT shut 2.9% higher at $2.52.
OKP Property, the base and structural building organization, posted a 6.6% development in 1H profit finished June of $4.3 million from $4.1 million a year back. Income for 1H diminished 11% to $48.6 million from a year back. In any case, expense of works fell 12.9% to $41.5 million, bringing gross benefit 2.4% higher at $7.1 million. Shares of OKP last exchanged at 27 pennies on Monday.
Sustenance Arrangements and Passage Administrations supplier SATS has reported that it is putting resources into another generation line that would empower automation of up to half of certain kitchen operations and expansion its aircraft providing food ability to 115,000 dinners a day. The new creation line will be housed in SATS's Inflight Providing food Center 2, which will experience a $18 million extension. SATS shut 0.7% higher at $4.40.
Frasers Property Australia, the Australian division of Frasers Centrepoint Ltd, has traded contracts with Australia-based Hanson Cement to gain a 10-ha site adjoining its Eastern Spring Business Park in western Sydney. The site at Kangaroo Street Eastern Stream, which will suit up to 60,000 sqm of assembled structure, supplements Frasers Property Australia's beforehand created 100-ha Eastern Spring Modern Domain. Shares of FCL shut 0.3% lower at $1.51.
Sino Grandness Sustenance Industry Bunch says in a reaction to a Singapore Trade's (SGX) inquiry that it doesn't know about any news which may have brought about the unpredictability of its offer cost. In any case, it received email enquiries from shareholders and speculation groups with respect to an article which they have "misread to recommend that the organization's drink and canned items had fizzled some quality tests in China as of late". Shares of Sino Grandness shut 5.13% lower at 55.5 pennies.
OUE Friendliness Trust (OUE H-Trust) has announced a dispersion for each stapled security (DPU) of 0.92 pennies for 2Q16, 39.5% lower from 1.52 pennies a year back. Income fell by 9.2% to $26.9 million in the second quarter finished June, from $29.6 million in the first year. Units of OUE H-T shut 2.7% lower at 71 pennies.
Markets
Petroleum-connected shares tumbled on Monday on lower oil costs, while picks up by Apple and other innovation offers lifted the Nasdaq. The Dow Jones Modern Normal shed 0.2% to 8,404.51. The wide based S&P 500 plunged 0.1% to 2,170.84, while the tech-rich Nasdaq Composite File rose 0.4% to 5,184.20.
The key Straits Times List shut 0.8% or 23.83 focuses higher at 2,892.52. In the more extensive business sector, 1.2 billion shares worth $1.3 billion were exchanged. Failures dwarfed gainers 228 to 190.
Stock Updates for 2 August 2016.
Top Stock Picks:
SGX-LONG, SINGAPORE O&G,BEST WORLD, AECROMAC,
Ascendas Land Speculation Believe (A-REIT), has announced a 1Q16 DPU of 3.996 pennies, 4% higher from a year prior, helped fundamentally by the Australia Portfolio and ONE@Changi City, which were gained in the second 50% of FY15. In a different documenting, A-REIT's chief is likewise proposing to offer 64 million new units to institutional and different financial specialists at an issue cost of amongst $2.344 and $2.417 each to raise gross continues of no under $150 million to support the securing of two Australian properties and for AEIs. Units of A-REIT shut 2.9% higher at $2.52.
OKP Property, the base and structural building organization, posted a 6.6% development in 1H profit finished June of $4.3 million from $4.1 million a year back. Income for 1H diminished 11% to $48.6 million from a year back. In any case, expense of works fell 12.9% to $41.5 million, bringing gross benefit 2.4% higher at $7.1 million. Shares of OKP last exchanged at 27 pennies on Monday.
Sustenance Arrangements and Passage Administrations supplier SATS has reported that it is putting resources into another generation line that would empower automation of up to half of certain kitchen operations and expansion its aircraft providing food ability to 115,000 dinners a day. The new creation line will be housed in SATS's Inflight Providing food Center 2, which will experience a $18 million extension. SATS shut 0.7% higher at $4.40.
Frasers Property Australia, the Australian division of Frasers Centrepoint Ltd, has traded contracts with Australia-based Hanson Cement to gain a 10-ha site adjoining its Eastern Spring Business Park in western Sydney. The site at Kangaroo Street Eastern Stream, which will suit up to 60,000 sqm of assembled structure, supplements Frasers Property Australia's beforehand created 100-ha Eastern Spring Modern Domain. Shares of FCL shut 0.3% lower at $1.51.
Sino Grandness Sustenance Industry Bunch says in a reaction to a Singapore Trade's (SGX) inquiry that it doesn't know about any news which may have brought about the unpredictability of its offer cost. In any case, it received email enquiries from shareholders and speculation groups with respect to an article which they have "misread to recommend that the organization's drink and canned items had fizzled some quality tests in China as of late". Shares of Sino Grandness shut 5.13% lower at 55.5 pennies.
OUE Friendliness Trust (OUE H-Trust) has announced a dispersion for each stapled security (DPU) of 0.92 pennies for 2Q16, 39.5% lower from 1.52 pennies a year back. Income fell by 9.2% to $26.9 million in the second quarter finished June, from $29.6 million in the first year. Units of OUE H-T shut 2.7% lower at 71 pennies.
Markets
Petroleum-connected shares tumbled on Monday on lower oil costs, while picks up by Apple and other innovation offers lifted the Nasdaq. The Dow Jones Modern Normal shed 0.2% to 8,404.51. The wide based S&P 500 plunged 0.1% to 2,170.84, while the tech-rich Nasdaq Composite File rose 0.4% to 5,184.20.
The key Straits Times List shut 0.8% or 23.83 focuses higher at 2,892.52. In the more extensive business sector, 1.2 billion shares worth $1.3 billion were exchanged. Failures dwarfed gainers 228 to 190.
Top Stock Picks:
SGX-INTRADAY PICKS BEST WORLD, SINGAPORE O&G, VARD
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