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Stocks to watch: Keppel, SGX, ESR-Logos Reit, IReit Global, Noel Gifts, Keong Hong

Michelle Zhu

Michelle Zhu

Published Thu, Feb 1, 2024 · 08:17 AM
    • Keppel's net profit is up 2.5 per cent to S$439.9 million for the second half ended December 2023.
    • Keppel's net profit is up 2.5 per cent to S$439.9 million for the second half ended December 2023. PHOTO: KEPPEL

    THE following companies saw new developments that may affect trading of their securities on Thursday (Feb 1):

    Keppel : The asset manager on Thursday posted a 2.5 per cent rise in net profit to S$439.9 million for the second half ended Dec 31, 2023, from S$429.1 million in the previous corresponding period. Its counter closed 0.3 per cent or S$0.02 higher at S$7.16 on Wednesday.

    Singapore Exchange (SGX): Its net profit for the first half ended Dec 31, 2023, dipped 1 per cent to S$281.6 million from S$284.6 million in FY2023, announced the bourse on Thursday. This came as higher revenue was more than offset by a surge in operating expenses. An interim quarterly dividend of S$0.085 per share was declared. Shares of SGX closed S$0.03 or 0.3 per cent lower at S$9.41.

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