sgx
SGX Logo. Reuters
  • Singapore stocks edged higher on Tuesday, tracking gains in other Asian equities but sentiment remained muted as concerns about North Korea re-emerged.
  • The Straits Times Index rose 0.18 percent or 6 points to 3,329.
  • Property developer Chip Eng Seng Corp rose 0.6 percent after saying it would buy the Changi Garden property for S$248.8 million.
  • Pacific Radiance jumped 22 percent after it commenced discussions with potential investors to raise fresh funds as part of the restructuring and has received expressions of interests from them.
  • M1 shares dropped 1 percent after warning on full-year profit. The telecom operator said it expects full-year profit to fall after the Singapore-based telecom services provider reported a near 5 percent fall in third-quarter profit, citing higher depreciation and interest expenses.
  • Keppel DC REIT lost 0.4 percent after posting a 42 percent jump in third-quarter net property income, helped by in part by acquisitions.
  • Keppel REIT reported a 10.5 percent drop in third-quarter distributable income, hurt in part by the absence of gain on divestment of 77 King Street last year.
  • Keppel Telecommunications & Transportation reported an 82 percent drop in third-quarter net profit, due to the absence of gain from a divestment made in quarter and the contributions from subsidiaries disposed.
  • Global Logistic Properties, a provider of logistics facilities, on Tuesday said it issued 1 billion Chinese yuan (US$152 million) of RMB-denominated bonds or panda bonds in China's interbank market.