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Straits Times 3,204.17 -7.32 -0.23%
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STI Lunchbell Top Gainers And Losers – 11/11/14
Lunchbell Update | 11 November 2014
Related stocks:

The Straits Times Index (STI) closed down 0.01 point (0.00 percent) at 3,300.99. The market traded on moderate volume of 58.46 million shares traded with 138 gainers and 173 losers as of 12:24pm.

Notable gainers were Asia Fashion, Asian Micro, Matex Intl, Hoe Leong and HL Global Ent, with Asia Fashion leading the pack.

Notable losers were Armarda, China Bearing, LifeBrandz, LottVision and AIM, with Armarda leading the pack.

In other alerts, Frasers Centrepoint’s hospitality arm expanded its Indonesian footprint with the opening of its second property, with 128 serviced units, in Jakarta. Moving forward, it intends to add another six properties in Jakarta and two in other Indonesian cities to add 1,700 more serviced units by 2017.

Yeo Hiap Seng recorded an 11.3 percent decrease in revenue to $114.7 million for the third quarter ended 30 September, in absence of any property-related activities following the sale of its last residential property unit in December 2013, partially offset by an improvement in its food and beverage division’s performance. A 6 percentage points narrowing of gross margin to 37.3 percent further magnified the effect on the bottom line as net profit slumped 85.9 percent to $3.1 million. For the nine-month period, turnover and earnings declined 18 percent and 77.8 percent to $337.9 million and $15.7 million respectively.

Asian Micro Hldgs  0.004 -- --   
Business: Co provides compressed natural gas supply and related products and services. [FY18 Turnover] Natural gas vehicle (69.1%), trading (30.9%).

Insight: Feb-19, 1H19 revenue rose 5.6% to $2.3m on higher ... Read More
Matex Int'l  -- -- --   
Business: Co provides colours, specialty chemicals & clean solutions to different sectors. [FY18 Geographical] China (83%), other APAC countries (17%).

Insight: Feb-19, FY18 revenue slid 14.3% due to reduced sal... Read More
Hoe Leong Corp  -- -- --   
Business: Co is engaged in the trading & distribution of spare parts for heavy eqmt and industrial machinery, design & manufacturing and barge/vessel chartering. [FY18 Turnover] Design & mfr (60.1%), trdg & distribution (23.6%), vessel chartering (16.3%).

Insight: May-19, 1Q19 revenue rose 11.2% due to increased r... 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

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