Stocks to watch: Singapore Airlines, JSH, JMH, Suntec Reit, AEM

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THE following companies saw new developments that may affect trading of their securities on Friday: Read more at The Business Times.

, while DBS Group Research downgraded the counter and slashed its target price to S$6.60. SIA shares rose S$0.05, or 0.8 per cent, to trade at S$6.17 as at 9.36am on Friday.JSH fell by 15 per cent on Thursday

, while other firms in the Jardine stable took a drubbing to a lesser extent and fell to fresh 52-week lows. Jardine Matheson finished Thursday 7.1 per cent or US$3.56 lower at US$46.66. David Blennerhassett, who publishes on Smartkarma, guesses that sellers of JSH may have got stuck playing the spread between the stock and JMH, which had not worked in their favour. JSH shares rose 8.1 per cent, or US$1.46, to trade at US$19.46 as at 9.52am on Friday. JMH shares also rose 2.4 per cent, or US$1.

to refinance existing borrowings, finance or refinance acquisitions and/or investments and/or for general working capital purposes. Units of Suntec Reit rose S$0.12, or 10.6 per cent, to trade at S$1.25 as at 9.29am on Friday.that its sales for the first half of 2020 will be at an all time high. This is despite shifts in the delivery of its sales orders resulting from the Covid-19 situation, AEM said in a regulatory update on Thursday night. The counter rose S$0.06, or 4.

 

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