Stocks to watch: UOB, OCBC, StarHub, SGX, Yangzijiang Shipbuilding, Venture, JustCo
Complete. Here is the key summarysource: Business TimesThe following companies saw new developments that may affect trading of their securities on Friday (Aug 7):UOB : U11 0%: The lender on Friday said it recorded a S$1.48 billion net profit for its three months ended Jun 30, up 10 per cent year on year from S$1.34 billion. This was due to net fee income rising on record wealth management fees. The earnings slightly beat the S$1.45 billion consensus forecast in a Bloomberg survey of five analysts. It declared a dividend of S$0.
source: Business Times
The following companies saw new developments that may affect trading of their securities on Friday (Aug 7):
UOB : U11 0%: The lender on Friday said it recorded a S$1.48 billion net profit for its three months ended Jun 30, up 10 per cent year on year from S$1.34 billion. This was due to net fee income rising on record wealth management fees. The earnings slightly beat the S$1.45 billion consensus forecast in a Bloomberg survey of five analysts. It declared a dividend of S$0.88 per share for the period, down from S$1.10 per share paid out in the same year-ago period. UOB shares ended 1.2 per cent or S$0.52 higher at S$43.58 on Thursday.
OCBC : O39 0%: The bank’s net profit for the three months ended Jun 30 stood at S$2.22 billion, up 22 per cent from S$1.82 billion in the same year-ago period, it said on Friday. This came on the back of a rise in non-interest income led by wealth management which more than offset a fall in net interest income amid softer rates. The earnings beat the S$1.91 billion consensus forecast in a Bloomberg survey of five analysts. An interim dividend of S$0.47 a share was declared, up from S$0.41 a share the year prior. The counter ended Thursday 2.5 per cent or S$0.70 higher at S$29.33.
StarHub : CC3 0%: The telco and mobile virtual network operator MyRepublic on Thursday said they have expanded their partnership in the mobile segment by moving all subscribers of MyRepublic Mobile onto StarHub’s network. The move entails moving MyRepublic’s 4G customers off the current M1 network, following an agreement in 2022 for StarHub to provide a 5G network for customers of MyRepublic Mobile. StarHub acquired MyRepublic’s Singapore broadband business in its entirety in 2025. Shares of StarHub ended flat at S$1.09 before the news.
Singapore Exchange (SGX) : S68 0%: The bourse operator on Thursday posted a 7.8 per cent rise in its FY2026 net profit to S$698.4 million, driven by gains across all operating segments. Net revenue rose 13.9 per cent to S$1.5 billion, and earnings per share increased to S$0.653. SGX said FY2026 marked a record year for both revenue and net profit. Shares of SGX rose 1.3 per cent or S$0.31 to close at S$24.32 on Thursday.
Yangzijiang Shipbuilding : BS6 0%: The shipbuilder on Thursday posted a 28.4 per cent rise in H1 net profit to 5.4 billion yuan (US$800 million). This was mainly due to higher shipbuilding revenue from the progressive construction of vessels secured at higher contract prices, and a favourable shift in product mix towards ultra-large liquefied natural gas dual-fuel container ships and very large ethane carriers. Shares of Yangzijiang Shipbuilding closed S$0.02 or 0.5 per cent lower at S$3.94 before the announcement.