Singapore Pre-Market Wednesday: Higher rates, GIC, Keppel, Noble, ThaiBev
Singapore shares may open lower amid negative leads from Wall Street and regional markets as interest rates appeared set to rise further and as trade…
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Singapore Pre-Market Tuesday: Keppel Corp, Keppel DC REIT, Bumitama Agri
Singapore shares will start trade on Tuesday with a generally positive lead from Wall Street, although geopolitical rumblings over Iran may dampen sentiment. “U.S. equities…
Singapore Pre-Market Monday: DBS, Sheng Siong, Noble, SIA Engineering
Singapore’s stocks were headed to the open on Monday with a lackluster lead, with Wall Street essentially flat on Friday. But DBS’ higher-than-expected earnings were…
Keppel Corp downgraded by Nomura as earnings set to peak
Nomura downgraded Keppel Corp. to Neutral from Buy, saying the stock’s re-rating was set to pause as earnings were peaking. Quarterly earnings momentum likely peaked…
Why Keppel earnings forecasts could face cuts
Keppel’s earnings forecasts face potential cuts amid declines in China home sales, UOB KayHian said in a note on Friday. “A 74 percent year-on-year decline…
Credit Suisse: Keppel’s prospects are improving across O&M, Property divisions
Credit Suisse said there is “increasing confidence” across Keppel’s key divisions, including the money-losing offshore and marine unit. The conglomerate reported January-to-March net profit rose…
Keppel shares rise despite reporting middling first-quarter earnings
Keppel Corp. shares rose after it reported middling earnings, supported by a one-off gain in its property division. The stock was up 1.98 percent at…
Keppel’s deal to sell Keppel China Marina to goose earnings: CGS-CIMB
This article has been updated; it was originally published on Wednesday, April 4, 2018 at 4:57 A.M. SGT. Keppel’s deal to sell Keppel China Marina…
Morgan Stanley upgrades SembMarine to Overweight, turns positive on Singapore O&M
Morgan Stanley pointed to signs “green shoots” in Singapore’s offshore and marine sector were accelerating, with the order book recovery becoming more pronounced. “Potential FPSO…
Keppel, SembMarine offer good entry point: DBS
There’s a glimmer of hope for the rig market and recent falls in shares of Keppel and Sembcorp Marine have left them at a good…
Keppel shares may be in focus as its plan to sell China marina project hits another roadblock
Shares of Keppel Corp. may be in focus again on Thursday after the company said in a filing after the market close that its protracted…
Keppel shares likely in focus after Singapore High Court allows China project sale
Keppel shares will likely be in focus on Tuesday after the company said Singapore’s Court of Appeal will allow its plans to divest a China…