The Business Times
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Brokerages find relief where they can in Q3

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Published Wed, Nov 12, 2014 · 09:50 PM

Singapore

SINGAPORE brokerages had a mixed third quarter, with some players finding relief from a mix of channels after a weak first half of the year.

UOB-Kay Hian Holdings got some respite from its overseas business. The broker returned to growth as overseas trading volumes helped to lift net profit by 21.1 per cent despite a weak Singapore market in the third quarter.

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