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StarHub 1Q Net Profit Rose 27.8% To S$88.4M!
By Dou  •  May 4, 2012

On 04/May, Singapore shares ended lower as sentiment remained cautious ahead of the U.S. nonfarm payrolls report.

STI ended lower at 2990.59 (0.3%) with HIGH VOL of 2.47 billion shares traded compared with 2.99 billion shares Thursday. In the broader market, losers outnumbered gainers 238 to 132. Today STI continue to undergo profit taking ahead of the critical US data due tonight.

Headline in STI

After market close

StarHub Ltd. (CC3.SG) 1Q net profit rose 27.8% to S$88.4 million, compared with S$69.1 million in the year ago on recorded growth in revenue across its businesses and logged a one-time gain.

Technical Analysis on STI

Immediate Resistance of STI: 3008

Immediate Support of STI: 2928

MY sentiment on STI: See market outlook tomorrow

StarHub 1Q Net Profit Rose 27.8% To S$88.4M! is contributed by : Singapore Stock Information Exchange

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By Dou
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