Stocks to watch: ST Engineering, CWT, Parkway Life Reit
THE following stocks had announcements or developments that could affect trading activity at Singapore Exchange on Friday.
ST Engineering: Its net profit for the third quarter ended Sept 30, 2015, rose 9.9 per cent to S$133.26 million from S$121.3 million a year ago. Revenue, however, dipped 3.4 per cent to S$1.5 billion.
CWT: The logistics and commodity broking company suffered a net impairment loss of S$6.3 million from the August explosions in Tianjin, China, resulting in its third-quarter net profit falling 16 per cent.
Parkway Life Reit: The healthcare Reit (real estate investment trust) posted a 15.6 per cent yearonyear rise in thirdquarter distributable income to S$20.3 million, lifted by one-time divestment gains.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
Singapore stocks end lower after US market wobbles ahead of CPI data; STI down 0.2%
LSEG reports in-line first quarter as Microsoft partnership progresses
Japan brokerage Daiwa’s Q4 profit more than doubles as markets recover
South Korea readies new system to detect illegal short-selling
Asia: Markets mixed as global rally stalls, eyes on yen
Singapore shares retreat at Thursday’s open; STI down 1.1%