Stocks to watch: ST Engineering, OCBC, Golden Agri, UOL, SBS Transit, Rex

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Stocks to watch: ST Engineering, OCBCBank, Golden Agri, UOL, SBS Transit, Rex

for the half year ended June 30, as the use of public transport declined during the novel coronavirus pandemic. Revenue fell 14.9 per cent amid lower rail ridership. Before the results were released, SBS Transit shares moved up by S$0.03 or 1.1 per cent to close at S$2.82.versus a net profit of US$22.6 million a year ago, Rex said on Thursday night.

The group had in February achieved its first oil production from the Yumna Field in Oman, leading to revenue of US$14.57 million from the sale of crude oil. Its shares dropped 0.1 Singapore cent or 0.6 per cent to end at 18.1 cents.to S$11.6 million. UMS reported a 41 per cent increase in revenue from the semiconductor segment, which was driven by higher integrated system sales. The stock moved up by S$0.10 or 9.3 per cent to end at S$1.18 on Thursday, before the results were released.

 

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