Singapore Stocks to watch

SINGAPORE - The accompanying organizations saw new advancements that may influence exchanging of their offers on Thursday (March 1): 

Singapore Exchange (SGX): SGX has risen as one of the contenders for a controlling stake in the Tel Aviv Stock Exchange, as indicated by Israeli media reports. In excess of 10 remote stock trades have communicated enthusiasm for becoming tied up with the trade by consenting to non-revelation arrangements, Reuters revealed late Tuesday. Israeli media said these included trades in London, Toronto, Hong Kong, Singapore, Australia and Warsaw. The stake is esteemed at around US$147 million, and the due date for recommending an intrigued purchaser is April, as indicated by innovation news site CTech. SGX shares fell 10 Singapore pennies or 1.31 for every penny to S$7.55 on Wednesday. 

Vard Holdings: Vard's net misfortune for the final quarter developed to 131 million Norwegian kronor (S$22.1 million) from 67 million kronor for the year-back period. Misfortune per share compounded to 0.11 krona, from a misfortune for each offer of 0.06 krona in the earlier year. For the three months finished Dec 31, income went up 25.3 for every penny to 2.69 billion kronor from 2.15 billion kronor the earlier year. Vard shares completed level at S$0.25 on Wednesday. 

Yangzijiang Shipbuilding (YZJ): YZJ saw its final quarter net benefit hop 12 for each penny on higher turnover, other pay and lower fund costs. Net benefit for the quarter finished Dec 31 was higher at 678 million yuan (S$142 million) contrasted with 608 million a year prior. Income rose 15 for each penny to 6.35 billion yuan on higher commitments for every one of the three shipbuilding related fragments. The gathering proposed a last profit of 4.5 Singapore pennies for every offer for FY17, up from 4 Singapore pennies for every offer for FY16. YZJ shares shut at S$1.51 each on Wednesday. 

Wander Corporation: Venture's net benefit dramatically increased in the final quarter, surging 164.5 for every penny to S$143 million on higher innovative work (R&D) income. Income for the three months finished Dec 31 was S$1.09 billion, up 27 for every penny from the year-back period. This is Venture's third straight quarter of income above S$1 billion. A last profit of 60 Singapore pennies was proclaimed, up 20 for every penny from 50 Singapore pennies in a similar period a year ago. Wander shares rose 46 Singapore pennies or 1.7 for each penny to S$27.56 on Wednesday, before comes about were discharged. 

UOB Kay Hian: UOB Kay Hian posted a 85 for every penny increment in final quarter net benefit to S$21.84 million as its bonus wage developed with higher market volumes. Profit per share for Q4 were 2.75 Singapore pennies, up from 1.51 Singapore pennies for a year prior. Add up to income was 16.2 for every penny higher at S$105.31 million for the three months finished Dec 31,2017. UOB Kay Hian shut level at S$1.41 on Wednesday

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