Stocks to watch: SGX, Mapletree Commercial Trust, Cache Logistics Trust

Posted by Trading Advisor on 7:53 PM with No comments
sgx picksTHESE companies announced results that may influence trading on Thursday.

Singapore Exchange: SGX raised its base dividend and outlined its strategy to raise liquidity in the sluggish securities market as net profit rose 28 per cent for its fiscal first quarter ended Sept 30.

The market operator is raising its first-quarter cash dividend to five Singapore cents per share from four Singapore cents a year ago, and future quarterly payouts are expected to follow suit.

Net profit increased to S$99.3 million, or 9.3 Singapore cents per share, as operating revenue rose 30.1 per cent to S$219.6 million.
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