$17.07
-0.48 (-2.71%)
KPELY News4 articles
STI Retreats as Bank Stocks Weigh, Olam Soars on Deal Progress
The Straits Times Index declined 0.27% to 5,007.83 on Thursday, pressured by losses in major banking stocks. Olam Group jumped nearly 8% after clearing the last regulatory hurdle for its Olam Agri divestment.
Keppel Gains Broker Upgrade as Dividend Surge and Asset Sales Draw Investor Focus
Keppel shares outperformed the STI, closing at S$11.64. UOB Kay Hian raised its target to S$13.23 following a 38% dividend hike for FY2025, with key dates set for April.
Keppel Shares Surge as Analysts Boost Targets Following Strong Earnings
Keppel Ltd shares climbed 2.6% to S$12.42, extending gains after last week's S$1.1 billion profit and special dividend announcement. Analysts have raised price targets toward S$14, citing earnings growth and asset management fees.
Keppel Shares Surge to Multi-Year Peak on Strong Earnings and Dividend Boost
Keppel Ltd shares rallied 3.7% to S$12.07, reaching a 12-year high, following a 39% jump in annual net profit and a proposed dividend payout of 47 Singapore cents per share. Analysts have raised price targets citing robust fee growth and asset sales.