Asiatravel.com

Office SREITs, GuocoLand, Lian Beng, Nam Lee, JES, Asiatravel.com

SINGAPORE (Nov 30): Here are some factors and stocks that could move the market this Wednesday morning:

Office SREITs: Singapore’s office rents will remain “a little soft” in 2017 and may pick up only at the end of the year when the amount of new supply of space shrinks, CapitaLand Commercial Trust, one of the city-state’s biggest landlords, told Bloomberg. Although about 2.3 million square feet of space were added this year, less than 500,000 sf are being planned annually starting in 2018, with no supply in sight from 2020.

Asiatravel.com narrows FY16 losses to $7.9 mil on higher revenue

SINGAPORE (Nov 30): Asiatravel.com says losses for FY16 narrowed to $7.9 million from $10.1 million in FY15 on the back of higher sales and other income.

Full-year revenue rose 10.7% to $97.6 million, driven by a 98.1% surge in revenue to $34.1 million from its online B2B business as TAcentre.com broke into more markets and take-up rate from travel agencies increased.

STI closes 0.1% lower at 2,893.65

SINGAPORE (Sept 7): The Singapore market ended lower on Wednesday, dragged down by Yangzijiang Shipbuilding and Hutchison Port. They fell 2.5% and 1.1%, respectively, during a day with few broad trading cues and a mixed performance among large caps.

As at 5.04pm, the key Straits Times Index (STI) was down 2.9 points or 0.10% at 2,893.65. About 1.28 billion shares valued at $948 million changed hands. Gainers outnumbered losers 197 to 172.

China Minzhong Food, Novo, Asiatravel.com, Karin Tech, Sunpower

SINGAPORE (Sept 7): Here are some stocks that could move the market this Wednesday morning:

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