Stocks to watch: UOB, SGX, Genting, Sembcorp, Singapore Land, Riverstone, Daiwa, BHG Retail

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Aug 8):

UOB : Trade loans are expected to contribute more visibly to the bank’s balance sheet over time, although they take up a relatively small portion of its total portfolio, said UOB top executives at its Q2 earnings call on Thursday. This comes as UOB’s trade loan portfolio grew 12 per cent year on year in the first half of FY2025. UOB executives also said that the bank will continue looking out for mergers and acquisitions opportunities. Shares of the bank finished on Thursday 1.8 per cent or S$0.64 lower at S$35.81.

Singapore Exchange (SGX) : The Singapore bourse announced on Friday that its net profit for the second half ended June 2025 declined 2.6 per cent to S$308 million, from S$316.3 million in the year prior. Earnings per share for the half-year period stood at S$0.288, up from S$0.296 for H2 FY2024. The board proposed a final quarterly dividend of S$0.105 a share, up from S$0.09 per share in the year-ago quarter. If approved, total dividends for FY2025 will stand at S$0.375, representing an annualised increase of 8.7 per cent. Operating revenue for H2 rose 4.4 per cent to S$688.4 million from S$639.4 million in the corresponding period the year before. Its shares ended Thursday 0.4 per cent or S$0.06 up, at S$16.34 before the release of its results.