Stocks to watch: Singtel, Prudential, Singapore Airlines Engineering Company, CapitaLand Investment, SingPost
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
THE following companies saw new developments that may affect trading of their securities on Wednesday (Nov 6):
Singtel : A China state-linked hacking group that breached the telco giant in June was part of a global campaign targeting telco companies and critical infrastructure operators, reported Bloomberg News on Tuesday. The breach is thought to have been a test by China for future cyberattacks on US telco firms, the news outlet said. Shares of Singtel closed up 1.3 per cent or S$0.04 at S$3.16 on Tuesday.
Prudential : The insurer’s new business profit was up 11 per cent, on a constant exchange rate basis, at US$2.35 billion for the nine months ended September 2024. On Wednesday, the group said that its multi-channel distribution model has driven broad-based new business profit growth across regions, including Greater China, Asean and Africa. Shares of Prudential ended Tuesday flat at US$8.65 on the Singapore Exchange.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
Near sell-out launches in March boost developer sales to 1,300 units after four slow months
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025
