Stocks to watch: Singtel, ComfortDelGro, Mapletree Industrial Trust, Halcyon Agri

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

Singapore Telecommunications :

The telco on Monday said travel restrictions, lower footfall in retail stores, deferred projects, “intense” price competition and declines in for its first fiscal quarter ended June 30. Singtel shares rose S$0.02 or 0.8 per cent to close at S$2.44 on Friday.for the half year ended June 30, 2020. The group chalked up a net loss of S$6 million against a net profit of S$146.3 million a year ago, it said in results released on Friday after market close. The counter ended trading at S$1.39, down S$0.02 or 1.4 per cent.

. The sale price represents a 23.3 per cent premium over the development cost. The counter dropped S$0.05 or 1.6 per cent to S$3.11 on Friday, before the announcement.for the half year ended June 30, 2020, from a US$3.4 million loss a year ago, it said in results released on Friday night. Sales volumes fell 13.4 per cent amid weaker demand during the coronavirus pandemic. Halcyon Agri shares were down one Singapore cent or 4.4 per cent to 21.5 cents at Friday’s close.

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