Hello, Fools! Here are three things about the local stock market that you might be interested in today.
1. The Straits Times Index (SGX: ^STI) ended Tuesday flat at 3,288.95 points.
The STI component that gained the most today was land transport outfit, Comfortdelgro Corporation Ltd (SGX: C52). Shares of the firm shot up by 2.5% to S$2.08.
Meanwhile, the biggest loser of the index was Yangzijiang Shipbuilding Holdings Ltd (SGX: BS6). The shipbuilder saw its shares decline 2% to S$1.46.
2. The following real estate investment trust released its latest financial results recently so do check out its coverage below:
3. Sarine Technologies Ltd (SGX: U77), on top of giving updates on the conditions of the diamond industry, issued a profit guidance for the third quarter of 2017 after market closed for the day.
The firm said that it estimates its sales for the third quarter to slightly exceed US$11 million, and that it expects to record a minimal operating loss of several hundred thousand dollars, including non-cash expenses of around US$1 million.
For the nine months ended 30 September 2017, the firm might report revenues of just below US$46 million and operating income of about US$7 million.
Investors will know for sure how the company has performed when it reports its quarterly results on or around 12 November 2017.
Sarine’s shares last changed hands at S$1.175, up 0.4% for the day.
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The information provided is for general information purposes only and is not intended to be personalised investment or financial advice. Motley Fool Singapore contributor Sudhan P doesn’t own shares in any companies mentioned.