On Wednesday, Yangzijiang Shipbuilding posted a 24.6 per cent rise in net profit to 4.5 billion yuan for its second half ended Dec 31, from 3.6 billion yuan in the corresponding year-ago period.
HOT STOCK

Yangzijiang Shipbuilding rises 10.7% on improved earnings; hits record in intraday trade

CGSI lifts its target price to S$4.95, a 14.1 per cent premium above its Friday closing price

Across the broader market, gainers beat losers 349 to 237.

Singapore stocks rise on Friday amid mixed Asian performance; STI up 0.6%

The iEdge Singapore Next 50 Index sheds 0.8% or 12.59 points to 1,505.20

Korean stocks have been on a tear, trouncing other markets as the benchmark soared 170% since an April low.

Global funds dump nearly 7 trillion won of South Korean stocks after rally

Despite the massive selling by foreigners, few see this as a bearish turning point

ST Engineering reports net profit of S$59.9 million for H2 FY2025, an 83.6% decline.

Stocks to watch: ST Engineering, Wilmar, UOL, CDL, Venture, Golden Agri, First Resources, Bumitama, PropNex, Centurion

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Feb 27):

The Dow Jones Industrial Average rose 62.4 points, or 0.13%, at the open to 49,544.58.

S&P 500 opens subdued as Nvidia’s strong results draw muted reaction

[NEW YORK] The S&P 500 and the Nasdaq were muted at the open on Thursday (Feb 26), as Nvidia’s stellar earnings garnered a tepid reception, while broader technology stocks lost ground as investors ass...

The counter hit an intraday low of S$0.29, down by 15.9 per cent or S$0.055, with more than 53.7 million shares changing hands.
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Yangzijiang Financial drops 14.5% to 2-year low on expected reversal into red

The group expects to post losses for its second half and full year due to the recognition of substantial credit loss allowances