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Straits Times 3,183.00 -20.93 -0.65%
Hang Seng 26,790.24 -334.31 -1.23%
Dow Jones 27,076.82 -142.70 -0.52%
Shanghai Composite 2,978.12 -52.64 -1.74%
STI Lunchbell Top Gainers And Losers – 10/10/14
Lunchbell Update | 10 October 2014
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The Straits Times Index (STI) closed down 30.22 points (0.93 percent) at 3,229.03 on moderate volume of 82.27 million shares traded with 58 gainers and 313 losers as of 12:27pm.

Notable gainers were Logistics Holdings, Armarda Group, Noel Gifts International, New Wave Holdings and Jasper Investments, with Armarda Group leading the pack.

Notable losers were Singapore eDevelopment, China Bearing (S), Infinio Group and ES Group (Holdings), with Singapore eDevelopment leading the pack.

In other alerts, Global Logistic Properties has signed pre-lease agreements totalling 49,000 square metres with two express delivery companies in Eastern China. In view of rising demands driven by domestic consumption and e-commerce, the two new tenants have upgraded to GLP’s facilities to increase efficiency and service quality. Both customers are existing customers of GLP.

Courts Asia marked its entry in Indonesia via the opening of its maiden store, ‘Big-Box’ Megastore in Bekasi. The store comes with 130,000 square feet of retail space which is accommodating 12,000 product offerings from 200 brands. Additionally, the store is equipped with food outlets to provide a one-stop shopping destination. Under the company’s pipeline, it intends to open three other ‘Big-Box’ stores in Jakarta in 2015 as well as expand its online presence in Indonesia.

Boldtek Hldgs  -- -- --   
Business: Co provides building construction and interior decoration/fitting-out services. [FY18 Turnover] General building (77%), properties investment (22.7%), precast manufacturing (0.3%).

Insight: Feb-19, 1H19 revenue rose 28.5% due to higher reco... Read More
SinoCloud Group  0.001 -- --   
Business: Co provides Internet data centre management services.

Insight: Feb-19, 9M19 revenue fell 22.3% to HK$41m mainly d... Read More
Noel Gifts Int'l  -- -- --   
Business: Co is engaged in mktg of gifts, ppty invs and devt, and the op of a franchise program.

Insight: Feb-19, 1H19 revenue slid 17.7% mainly due to decr... Read More
New Wave Hldgs  0.006 -0.003 -33.33%   
Business: Distributes active and passive components and aluminum products. [FY19 Turnover] Aluminium pdts distribution (88.1%), components distribution (11.9%).

Insight: May-19, FY19 revenue rose 5.1% boosted by contribu... Read More
Jasper Investments  0.004 +0.001 +33.33%   
Business: Principally invests in the offshore oil and gas drilling and svcs sector - key subsi, Jasper Offshore, owns oil rigs for deep sea drilling that are contracted out for exploration and pdtn activities.

Insight: May-19, FY19, Co did not register any revenue for ... Read More
Rich Capital  -- -- --   
Business: Co is engaged in the mining & resources biz.

Insight: May-19, Co recorded no revenue for FY19 as Kim Chu... Read More
ES Group (Hldgs)  -- -- --   
Business: Co builds, converts, and repairs ships, tankers, and other ocean-going vessels. [FY18 Turnover] New building & repair (76.3%), shipping (23.7%).

Insight: Feb-19, FY18 revenue increased 19.3%, mainly drive... Read More


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