Hot Stock

HOT STOCK

DBS, OCBC close at fresh highs as Singapore banks lead STI gains

Citing wealth momentum as a tailwind, RHB lifts its rating on the Republic’s lenders to ‘overweight’

The transfer “would better reflect the company’s current stage of development and future growth trajectory”, says the board.
HOT STOCK

Koh Brothers Eco Engineering shares up 32% on proposed transfer to mainboard

Board expects the move to enhance the company’s credibility and visibility

The investigation into Wilmar is part of Jakarta's broader effort to tighten control over strategic commodity flows.
HOT STOCK

Wilmar shares tumble 10.5% in early trade amid Indonesia probe

It is under investigation for suspected under-invoicing and transfer-pricing practices

Sats' Q4 revenue stands at S$1.6 billion, up 9.8% year on year from S$1.5 billion.

Shares of Sats up 6.4% after posting rise in Q4 earnings

Net profit for its quarter ended Mar 31 grows 31% to S$50.7 million

Shares of Keppel fell earlier in the week after IMDA said that Simba could have used radio frequency bands it had not been assigned to provide mobile services.
HOT STOCK

Keppel shares close 4.7% higher after M1-Simba deal falls through

Analysts are mixed on the counter after the news

The drop in share price came despite the company reporting that it had secured US$1.03 billion in new orders for the year to date.
BROKERS’ TAKE

Yangzijiang Shipbuilding shareholders pull stock down 3.3% on margin-dilutive orders

The counter dips as much as 5.3% to a two-month low, but pares some losses to close 3.3% down

Net profit falls due to reasons including lower revenue contributions from Mechatronics Europe.
HOT STOCK

Frencken shares fall 15.5% after Q1 earnings dive

The technology solutions provider posts a 20.2% drop in net profit

SingPost’s H2 net profit fell 81.5% to S$41.2 million from S$222.5 million in the year-ago period.
HOT STOCK

SingPost ends 5.3% down after H2 earnings dive

Counter finishes at S$0.355 as more than 26.1 million shares change hands

Group CEO Sudeep Nair says the company’s combined revenue from Asia has surpassed its traditional markets with diversification and brand-building efforts since 2013.
HOT STOCK

Food Empire shares close 4.9% higher on record quarterly revenue

It attributes the performance to growth across most markets and a stronger rouble