SGX, Low Keng Huat, Metech, Wilmar

SINGAPORE (Dec 9): Here are some factors and stocks that could move the market this Friday morning:

Singapore Exchange says total securities market turnover value grew 51% in Nov to $29.3 billion, compared to last year. Turnover value increased 49% compared to Oct. Securities daily average value rose 37% y-o-y in Nov to $1.3 billion. In the derivatives market, total volume increased 22% y-o-y to 16.6 million. This was an increase of 43% compared to Oct. Shares of SGX closed 5 cents higher at $7.40 on Thursday.

Construction firm Low Keng Huat posted a 74% fall in 3Q earnings to $3 million from $11.8 million a year ago. Revenue for the three months to Oct fell 34% to $12.4 million. Revenue for construction fell by half to $0.4 million from a year ago due to absence of construction activity from third-party projects. Shares of Low Keng Huat closed 1 cent lower at 56.5 cents.

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