SIA Engineering, OUE C-REIT, Challenger, Frasers Log Trust, Cosco

SINGAPORE (Nov 2): Here are some factors and stocks that could move the market this Wednesday morning:

SIA Engineering Company (SIAEC) saw a near tripling of earnings to $233.9 million in 1H17 from $85.8 million a year ago (1H16), lifted by one-off gains. Revenue for the half year fell 1.3% to $536.4 million on lower fleet management revenue. Shares in SIAEC closed 1 cent higher at $3.70 on Tuesday.

OUE Commercial REIT is declaring a DPU of 1.32 cents for 3Q16, 29.4% higher than the 1.02 cents for 3Q15. Gross revenue more than doubled to $44.2 million in 3Q16, mainly due to contribution from One Raffles Place which was acquired last October, as well as improved performance at OUE Bayfront and Lippo Plaza. Units of OUE Commercial REIT closed at 69 cents on Tuesday.

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