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Stocks to watch: SGX, FCT, MCT, Cache, Creative
THE following stocks had material announcements after the close of trading on Wednesday which may affect trading activity on Thursday:
Singapore Exchange (SGX) said net profit for the third fiscal quarter, which ended in March 31, 2015, grew 16.4 per cent to S$88.2 million, or 8.2 Singapore cents per share. Revenue rose 20.4 per cent to S$199.3 million.
Frasers Centrepoint Trust (FCT) reported a 2.9 per cent increase in distribution per unit (DPU) to 2.963 Singapore cents for its second quarter ended March 31, 2015.
Mapletree Commercial Trust (MCT) posted a 2.4 per cent increase in DPU to two Singapore cents for its fourth quarter ended March 31, 2015.
Cache Logistics Trust reported a 0.3 per cent increase in DPU to 2.146 Singapore cents for its first quarter ended March 31, 2015.
Creative Technology's net loss widened to US$11.7 million for the third quarter ended March 31, 2015, from US$8.8 million a year ago.