MAINBOARD-listed UMS Holdings' net profit for the fourth quarter ended Dec 31, 2020 slumped 86 per cent year on year to S$1.26 million from S$9.24 million a year ago.

Within the STI, United Overseas Bank, OCBC and Wilmar International have seen the highest net institutional inflows in the 2021 year to Feb 18, while outside the STI, the highest net institutional inflows remained drawn to technology trio Fu Yu Corporation, AEM Holdings and UMS Holdings. Among the b...

FOR the five local trading sessions that spanned Jan 29 to Feb 4, the Straits Times Index (STI) declined 0.5 per cent while the Nikkei 225 Index, Hang Seng Index and S&P/ASX 200 Index averaged a 1.4 per cent gain. Within the STI, UOB Bank, Wilmar International and OCBC have seen the highest net inst...

FOR the five local trading sessions that spanned Jan 22 to 28, the Straits Times Index (STI) declined 3.2 per cent with the Nikkei 225 Index, Hang Seng Index and S&P/ASX 200 Index also averaging a 3.2 per cent decline. This has brought the STI's total return for the 2021 year to Jan 28 to 2.7 per ce...

FOR the five local trading sessions that spanned Jan 15 to 21, the Straits Times Index (STI) gained 0.6 per cent with the Nikkei 225 Index, Hang Seng Index and S&P/ASX 200 Index averaging 1.8 per cent gains. This has brought the STI's total return for the 2021 year to Jan 21 to 6.5 per cent. Within ...

The upcoming rollout of Covid-19 vaccines here will accelerate the rebound of small- and mid -cap stocks (SMC) and they are expected to catch up with larger caps on attractive valuations, says DBS Group Research analyst Ling Lee Keng in a Jan 5 note.  The hospitality and retail sectors, in part...

CGS-CIMB analyst William Tng says he is “positive” on the outlook for the tech sector in 2021. This, he says, is due to the acceleration of digitalisation of many work processes during the Covid-19 pandemic, which has led to higher demand for IT-related infrastructure. “At the same time, there...

Maybank Kim Eng analyst Lai Gene Lih is recommending Hi-P International’s investors to accept the $2 per share privatisation offer tabled on Dec 18 by chairman Yao Hsiao Tung. The offer price is 10.5% above Hi-P’s last traded price of $1.81 before the offer was announced on Friday morning. The $...

Maybank Kim Eng’s Lai Gene Lih has maintained his “buy” call on UMS Holdings with an unchanged target price of $1.41.  Lai sees the company as a “proxy” to the global semiconductor equipment spending upswing through its key customer Applied Materials (AMAT).  Around half of UMS�...

SEMICONDUCTOR equipment maker UMS Holdings saw net profit soar 41 per cent to S$12.9 million in the third quarter ended Sept 30, on the back of strong semiconductor sales, in results released by the Mainboard-listed firm on Thursday after market close.