Stocks to watch: SIA, GuocoLand, XMH, AP Strategic

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Sep 16):

SIA Group : The airline group on Monday reported a 5.4 per cent increase in passenger traffic for August compared with the previous year. This increase outpaced the 2.7 per cent expansion in passenger capacity across Singapore Airlines (SIA) and Scoot. Passenger load factor was up 2.3 percentage points from the year-ago period to 88 per cent for the group, with an 86.9 per cent load factor for SIA, and a 91.9 per cent load factor for Scoot. The counter was 0.5 per cent or S$0.03 down to close at S$6.51, before the announcement.

GuocoLand : Its wholly owned subsidiary GLL IHT on Monday priced an offering of S$200 million worth of notes under its S$3 billion multicurrency medium-term note programme. The notes will bear interest at a fixed rate of 2.3 per cent per annum and will mature on Sep 25, 2029, the property group said. The counter was up 3 per cent or S$0.06 to close at S$2.07, before the announcement.