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Reuters
  • Singapore stocks fell on Thursday, in line with weak Asian shares as investors took a pause after equities surged to the highest level in almost 10 years.
  • The Straits Times Index lost 0.18 percent or 6 points to end at 3,342.
  • Shares of Singapore-listed commodity trader Noble Group tumbled 5 percent after anonymous researcher Iceberg Research launched another negative report about the company.
  • Telecoms service provider StarHub fell 1.1 percent after reporting a 21 percent fall in second-quarter net profit, hurt by lower revenue from voice, roaming services and pay TV.
  • Realty company CapitaLand reported a 97 percent surge in second-quarter profit, helped by higher revaluation gains from investment properties in Singapore and China, coupled with portfolio gains. Its shares fell 0.5 percent.
  • Utility services provider Sembcorp Industries said net profit fell 36.1 percent in the second-quarter, hurt by weak performance of its marine business.
  • Food and beverage maker BreadTalk Group reported a near 62 percent jump in second-quarter profit powered by an increase in other income and reduced expenses. The stock was down 3.6 percent.
  • Far East Orchard, a diversified real estate developer, fell 1 percent after posting a 97.3 percent slump in second-quarter profit due to the absence of a one-time gain from sale of units and lower profits from the hospitality assets in Australia.