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Reuters
  • Singapore shares ended little changed on Tuesday as losses in DBS Group Holdings were tempered by gains in Yangzijiang Shipbuilding after stellar results.
  • The Straits Times Index lost 0.08 percent or 3 points to end at 3,318.
  • China-based Yangzijiang Shipbuilding rose up as much as 8 percent after it posted a 73 percent jump in second-quarter profit.
  • Warehouse operator Global Logistic Properties ended unchanged after it reported a 29 percent fall in first-quarter profit due to lower revaluations.
  • Sabana Shariah Compliant Industrial REIT said it is currently in talks with ESR Funds Management to explore options in connection with its strategic review. Stock was down 1 percent after the removal of trading halt.
  • Realty developer Perennial Real Estate Holdings lost 1.1 percent despite reporting a 96 percent jump in second-quarter net profit.
  • Jumbo Group, which operates seafood restaurants in Singapore, China and Japan, reported a slightly lower profit for the third-quarter profit.
  • Food manufacturing company QAF, whose brands include Gardenia and Farmland, posted a 72 percent slump in the second-quarter profit due to lower selling prices at Rivalea and higher foreign exchange losses.