Today’s Headline

STI up by 0.35% as the full-year economic grew by 2%; Gainers include Singapore Technologies Engineering rising 6.47%, UOB rose by 1.73%, Keppel Corp rose by 1.68% and SembCorp Industries rose by 0.95%.”

Today’s Outlook

UOB Q4 net profit dropped by 6.2% with revenue falling 2.5%, better than the forecasted 7.4% drop; Retail business grew 9%, along with 31% market share in new mortgage sales.”

OUE net profit down by 7.7% while revenue up by 104.9%, with final dividend at 2 cents per share the total dividend for the year is at 5 cents per share; Net profit declined largely due to higher expenses and fair value loss in investment property.”



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