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Straits Times 3,158.80 -8.04 -0.25%
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STI Lunchbell Top Gainers And Losers – 17/10/14
Lunchbell Update | 17 October 2014
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The Straits Times Index (STI) closed up 1.13 points (0.04 percent) at 3,155.34. The market traded on moderate volume of 123.71 million shares traded with 218 gainers and 141 losers as of 12:33pm.

Notable gainers were Unionmet, China Flexpack, ChangtianPlastic, Top Global and Oceanus, with Unionmet leading the pack.

Notable losers were Singapore eDev, Meghmani SDS, Wilton Resources, IPCO Intl and Craft Print, with Singapore eDev leading the pack.

In other alerts, Keppel REIT posted a 12.4 percent rise in net property income to $38.5 million for the quarter ended 30 September, underpinned by better performance from One Financial Centre and contributions from its 50 percent interest in 8 Exhibition Street. However, a surge in other expense dragged down the trust’s income available to distribution. As such, distribution per unit for 3Q14 came in at $0.0185, down 6.1 percent from a year earlier.

M1 recorded a 3.5 percent hike in operating revenue to $250.2 million for the three months ended 30 September, due to better performances in its mobile telecommunications and handset sales segments. Coupled with lower traffic expenses, attributable to a decrease in international traffic, net profit for the quarter rose 12.7 percent to $44.5 million.

Oceanus Group  -- -- --   
Business: Co's principal biz activities include aquaculture pdtn & abalone processing & distribution.

Insight: May-19, 1Q19 revenue slid 32.4% mainly due to a de... Read More
Meghmani Organics  -- -- --   
Business: India-based mfr of pigment & pesticide pdts. [FY19 Turnover] Agrochemicals (36.2%), basic chemicals (32.5%), pigment (27.7%), others (3.6%).

Insight: May-19, FY19 revenue rose 13.2% to INR21.2b. Corre... Read More
Wilton Resources Corp  0.028 -- --   
Business: Co is engaged in the business of exploration and mining of gold, and production of gold dore.

Insight: May-19, Co processed a further 4,000 tonnes of ore... Read More
Renaissance United  0.001 -- --   
Business: Co operates as a developer, turnkey contractor, and investor in oil and gas, power, transportation, water and environment, and industrial infrastructure projects. [FY18 Turnover] Gas distribution (60%), electronics and trading (40%).

Insight: Dec-18, 1H19 revenue rose 19.7% to $29m due to bet... Read More
Abundance Int'l  -- -- --   
Business: Co engages in the trading of chemical products.

Insight: Feb-19, FY18 revenue decreased 21.1% to US$413.4m ... Read More

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