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SGX kept at 'hold' by OCBC as management lowers expense guidance

Samantha Chiew
Samantha Chiew1/22/2018 12:29 PM GMT+08  • 2 min read
SGX kept at 'hold' by OCBC as management lowers expense guidance
SINGAPORE (Jan 22): OCBC Investment Research is continues to rate SGX “hold” with a fair value estimate of $8.16.
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SINGAPORE (Jan 22): OCBC Investment Research is continues to rate SGX “hold” with a fair value estimate of $8.16.

This came on the back of the group announcing on Friday that its 2Q18 results remained flat at $88.4 million, compared to $88.3 million a year ago. But this was down marginally q-o-q.

The total revenue for the second quarter ended December came in at $205 million, 3% higher than 199.6 million a year ago.

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