Oxley, SPH REIT, Keppel DC REIT, SGX, Chip Eng Seng, Secura

SINGAPORE (Oct 7): Here are some factors and stocks that could move the market this Friday morning:

Oxley Holdings is starting the development of its first project in Ireland. The new docklands development, dubbed Dublin Landings, will be jointly developed by Oxley and Ballymore Group. The 2.35ha project will comprise 700,000 sf of flexible Grade A office and retail space, and 273 luxury residential apartments. The five new office buildings are expected to be delivered by 2020. Shares of Oxley Holding closed at 43.5 cents.

SPH REIT saw a 0.5% rise in FY16 DPU to 5.50 cents from a year ago, driven by higher rental income from Paragon and The Clementi Mall. For the full year ended Aug, gross revenue rose 2.2% to $209.6 million. Net property income rose 3.4% to $160.9 million on lower property operating expenses. Distributable income rose 1.8% to $141.1 million. DPU for 4Q16 was 1.41 cents, an increase of 1.4% from 4Q15. Units of SPH REIT closed unchanged at $1.

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