SGX, Keppel T&T, Acromec, First REIT, Hi-P

SINGAPORE (Oct 20): Here are some factors and stocks that could move the market this Thursday morning:

The Singapore Exchange posted a 16.3% fall in 1Q earnings to $83.1 million from a year ago on lower revenue. Operating revenue fell 8.5% to $190.8 million as revenue for both its securities and derivatives business decreased 16% to $47.1 million, which accounted for 25% of total revenue. SGX closed 1 cent lower at $7.22.

Keppel T&T posted earnings of $69.9 million for 3Q16, an increase of 356.5% from last year. This was mainly due to higher contribution from its data centre division which saw a one-time gain on disposal of 50% interest in a subsidiary in July, as well as fair value gain on the 50% retained interest. Revenue fell 8.7% to $46.5 million. Keppel T&T closed 1.9% lower at $1.80 on Wednesday.

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