Capital Markets & Currencies
CDL H2 net profit up over four times at S$538.5 million on improved showings across all segments
This translates to an EPS of S$0.598, against an EPS of S$0.121 in the year-ago period
Yangzijiang Shipbuilding rises nearly 10% on higher H2 profit
Its H2 earnings rose 24.6% year on year to 4.5 billion yuan (S$827.4 million)
Stocks to watch: ST Engineering, Wilmar, UOL, CDL, Venture, Golden Agri, First Resources, Bumitama, PropNex, Centurion
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Feb 27):
PropNex H2 profit up 28.3% at S$28.1 million; FY2025 earnings up 72% on record high revenue
Its dividend for FY2025 stands at a record S$0.095 per share
Wall St ends lower as tech rally stalls, AI fervour wanes after Nvidia results
All three major US stock indexes are on track for modest weekly losses
European shares retreat from record high, upbeat corporate earnings offset tech declines
Gains in industrial stocks capped declines
S&P 500 opens subdued as Nvidia’s strong results draw muted reaction
[NEW YORK] The S&P 500 and the Nasdaq were muted at the open on Thursday (Feb 26), as Nvidia’s stellar earnings garnered a tepid reception, while broader technology stocks lost ground as investors ass...
Yangzijiang Financial drops 14.5% to 2-year low on expected reversal into red
The group expects to post losses for its second half and full year due to the recognition of substantial credit loss allowances
Singlife offers new indexed universal life plan amid growing HNW demand
The launch comes amid growing appetite for UL plans, fuelled by rising wealth creation across Asia-Pacific
Singapore stocks fall 0.9% on Thursday as banks drag; Seatrium rises on earnings
The iEdge Singapore Next 50 Index slips 0.6% to 1,517.79