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Stocks to watch: UOB, CapitaLand India Trust, Starhill Global Reit, Digital Core Reit, Elite Commercial Reit

Chong Xin Wei

Published Thu, Apr 27, 2023 · 08:36 AM
    • UOB's increase in total income is buoyed by higher net interest income and other non-interest income.
    • UOB's increase in total income is buoyed by higher net interest income and other non-interest income. PHOTO: BT FILE

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    THE following companies saw new developments that may affect trading of their securities on Thursday (Apr 27):

    UOB : The bank on Thursday reported net profit of S$1.5 billion for the first quarter ended Mar 31, up 67 per cent from S$906 million in Q1 2022. Total income for the quarter rose 49 per cent on year to S$3.5 billion, buoyed by higher net interest income and other non-interest income. Shares of UOB closed Wednesday down 0.5 per cent or S$0.14 at S$29.26.

    CapitaLand India Trust (Clint): The trust recorded a total property income of 3.3 billion rupees (S$53.9 million) for the first quarter of 2023, up 19 per cent from the previous year. This was mainly due to higher occupancy and additional income contributions from its assets, said its manager on Wednesday. Units of Clint closed flat at S$1.07, before the announcement.

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