Stocks to watch: UOB, CapitaLand, Great Eastern, Parkway Life REIT, SIA Engineering

THE following companies saw new developments that may affect trading of their securities on Wednesday:for its third quarter due to pre-emptive build-up of credit allowances, it said on Wednesday. Net profit for the three months ended Sept 30 stood at S$668 million, compared with S$1.12 billion for the year-ago period. UOB shares closed at S$19.45 on Tuesday, up S$0.42 or 2.2 per cent.

The property giant expects its financial performance for FY2020 to be materially adversely impacted, despite seeing"encouraging signs of recovery" in its operating metrics for the third quarter this year. CapitaLand shares closed at S$2.57 on Tuesday, up S$0.06 or 2.4 per cent, before this announcement.for the third quarter ended Sept 30, from S$205.1 million a year ago.

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