SK Jewellery reports 3Q19 net profit dropped 58 percent
SK Jewellery reported Friday its 3Q19 net profit dropped 57.9 percent on-year to S$459,000 after the cessation of SK Bullion’s operations in May 2019.
gold
These investors are driving new demand for gold
Gold, already enjoying a rally on increased geopolitical tension, is getting a demand fillip from new Shariah-compliant investors seeking a safe-haven play.
ValueMax reports 1Q19 net profit fell 10 percent as jewelry business sees decline
Pawnbroker ValueMax reported Wednesday its 1Q19 net profit dropped 9.9 percent on-year to S$5.57 million on declines in revenue from the jewelry business.
UPDATE: Singapore stocks to watch Friday: Ezion, Accordia Golf Trust, JUMBO, Aspial, Koufu
These are Singapore companies which may be in focus on Friday, 12 April 2019: Ezion, Accordia Golf Trust, JUMBO Group and ValueMax.
UPDATE: Singapore stocks to watch Wednesday: Keppel REIT, Singtel, DeClout, Addvalue Tech
These are Singapore companies which may be in focus on Wednesday, 3 April 2019: Keppel REIT, Singtel, DeClout and Addvalue Technologies.
CNMC Goldmine: Unmined gold resources at record high
CNMC Goldmine said on Tuesday an independent review showed its unmined gold resources hit a record in 2018, even after a strong production year.
DBS: Time to add more gold to portfolios
Markets may have recovered from their fourth quarter ructions, but DBS is advising adding more gold to portfolios to stave off the effects of continued volatility.
UPDATE: Singapore stocks to watch Thursday: CityDev, Keppel, Sembcorp, ST Engineering
These are Singapore companies which may be in focus on Thursday, 21 February 2019: City Developments, Sembcorp Industries, ST Engineering, Keppel and Spackman.
ValueMax reports 2018 net profit rose around 6 percent despite revenue drop
Pawn-shop operator ValueMax reported on Wednesday its 2018 net profit rose 6.3 percent on-year to S$20.29 million as pawnbroking and moneylending revenue increased.
UPDATE: Singapore stocks to watch Monday: Singtel, Sunpower, Boustead Projects, CNMC Goldmine, Sembcorp
These are Singapore stocks which may be in focus on Monday, 24 December 2018: Singtel Optus Wholesale has extended its current mobile virtual network operator…
CNMC Goldmine: HKEx rejects dual listing plan
CNMC Goldmine said on Monday that the listing committee of the Stock Exchange of Hong Kong rejected its application for a dual listing last week,…
UPDATE: Singapore stocks to watch Thursday: SIA Sembcorp, Soilbuild Construction, First REIT, Sabana REIT
These are Singapore stocks which may be in focus on Thursday 21 November 2018: Singapore Airlines Singapore Airlines said on Thursday that its Scoot budget-carrier…
Singapore stocks to watch Thursday: SGX, Q&M Dental, ValueMax, Raffles Infrastructure
These are Singapore stocks which may be in focus on Thursday 15 November 2018: SGX Singapore Exchange said on Wednesday that it signed a strategic…
ValueMax reports 3Q18 net profit rose 11 percent despite revenue drop
ValueMax reported on Wednesday that its third quarter net profit rose 10.6 percent on-year to S$4.95 million, despite a decline in revenue, as margins increased….
Singapore stocks to watch Tuesday: Wilmar, Golden Agri, CapitaLand, COSCO, APAC Realty, Oxley
Wilmar International Agri-business giant Wilmar International reported on Monday a 35 percent increase in core net profit to US$434.7 million for the quarter ended September…
Why Islamic finance can help renew gold’s safe-haven status
Gold has long been viewed as a safe-haven play, but despite recent geopolitical turmoil and market fluctuations, the yellow metal hasn’t kicked into gear to…
BofA-ML survey: Fund managers look bearish equities, but still eye US stocks
Fund managers are cutting their allocations to equities in general, but are piling into U.S. stocks in September, according to the Bank of America-Merrill Lynch…
Singapore stocks to watch Friday: ESR REIT, Keppel REIT, CityDev, Interra, Shopper360
These are the Singapore stocks likely in focus on Friday, 31 August 2018: ESR REIT ESR REIT said on Thursday that it had been informed…
Singapore stocks to watch Wednesday: ThaiBev, Yongnam, Old Chang Kee, Noble, Yanlord
These are the Singapore stocks likely in focus on Wednesday, 15 August 2018: Thai Beverage Thai Beverage reported on Tuesday that its fiscal third quarter…
Singapore stocks to watch Friday: Frasers Property, Oxley, SGX, DBS, PropNex, Liongold, Accordia Golf
These are the Singapore stocks likely in focus on Friday 13 July 2018: Frasers Property Frasers Property said on Thursday its indirect wholly owned subsidiary,…
Singapore stocks to watch Tuesday: Keppel, ST Engineering, Yanlord, Jumbo, BreadTalk, Sunpower
These are the Singapore stocks likely in focus on Tuesday 10 July 2018: Keppel Corp. and ST Engineering Keppel Corp. said on Monday that its…
Singapore stocks to watch Thursday: Yangzijiang, Roxy-Pacific, Courts Asia, Old Chang Kee
These are the Singapore stocks to watch for Thursday 31 May 2018: Yangzijiang Shipbuilding Yangzijiang Shipbuilding said it bought back 5 million of its shares…
Singapore Pre-Market Tuesday: Trade tensions, Golden Agri, gaming stocks, Yanlord
Singapore’s shares will start trade with a middling lead on Tuesday, amid continued jitters over U.S.-China trade tensions, while earnings from Golden Agri-Resources may disappoint….
What would happen to commodities in a US-China trade war?
Trade war fears may have eased a bit on Tuesday after Chinese President Xi Jinping repeated his pledges to open new sectors and lower tariffs,…
UOB: Gold prices are set to fall amid rising interest rates
UOB said it was sticking with a negative call on gold, pointing to the rising funding costs to maintain a long position on the yellow…
JPMorgan: This is the playbook for rebalancing portfolios around inflation
J.P. Morgan has broken out its playbook for rising inflation after U.S. figures have printed stronger than expected surprising even its economists, who had expected…