Singapore Stocks: Ezra, Genting, Singapore Exchange, STX OSV
Singapore’s Straits Times Index added 0.4 percent to 2,698.81 as of 9:27 a.m. local time. Four stocks rose for each that fell in the index of 30 companies.
The following shares were among the most active in the market. Stock symbols are in parentheses after the company names.
Casa Holdings Ltd. (CASA) gained 6.2 percent to 12 Singapore cents after the distributor of home appliances said full-year net income increased 16 percent from a year earlier.
Ezra Holdings Ltd. (EZRA) , a provider of offshore logistics to the oil and gas industry, climbed 3.1 percent to 84.5 Singapore cents. The company said its unit EMAS Marine won charter deals for four offshore support vessels, valued at $231 million, from customers in South America and the Asia Pacific.
Genting Singapore Plc (GENS) , an operator of a casino- resort in the city-state, gained 1 percent to S$1.515. The company said it incorporated a Northspring Resources Ltd., a real-estate company, in Mongolia.
Singapore Exchange Ltd. (SGX) , operator of the city’s bourse, added 1.3 percent to S$6.18 after appointing Chng Lay Chew as chief financial officer.
STX OSV Holdings Ltd. (SOH) , the world’s biggest maker of oil-rig support vessels by revenue, rose 2.7 percent to S$1.155. The company won a contract, valued at 1.2 billion Norwegian krone ($206 million), for the construction of a research vessel for the Norwegian Defence Logistics Organisation.
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