Stocks to watch: SIA, Singtel, Sembcorp, Seatrium, Cromwell E-Reit, Sabana Reit

THE following companies saw new developments that may affect trading of their securities on Thursday (May 23):

Singapore Airlines (SIA) : The national carrier’s flight SQ321 encountered severe turbulence on its way from London’s Heathrow Airport to Singapore on Tuesday, resulting in the death of a British man and multiple people’s injuries. SIA said on Wednesday that 131 passengers and 12 crew members who were onboard arrived in Singapore via a relief flight in the early morning. Another 74 passengers and six crew members from SQ321 remain in Bangkok, including those receiving medical care, as well as their family members and loved ones who were on the flight. Shares of SIA closed Tuesday 0.2 per cent or S$0.01 lower at S$6.76.

Singtel : The telco sank into the red with a net loss of S$1.3 billion for its second half ended Mar 31, compared with a net profit of S$1.1 billion in the same period the year before. This was mainly due to a marked increase in exceptional losses, which included S$3.1 billion in non-cash impairment charges, it said on Thursday. Its counter ended 0.4 per cent or S$0.01 lower at S$2.40 on Tuesday.