(Bloomberg) —Singapore Exchange Ltd. shares fell sharply from a 13-year high after the bourse reported a decline in annual profit.
Net income dropped 6% from a year earlier to S$445 million (US$329 million) in the year ended June 30 as expenses increased and sliding bond yields hurt treasury income, results showed Thursday. The stock slid as much as 6.9%, the most since May 2020.
Uncle8888,
ReplyDeleteLOL, had a feeling you'd buy SGX today ;)
Good luck!
Wah! You got sixth sense! LOL!
Delete(Bloomberg) —Singapore Exchange Ltd. shares fell sharply from a 13-year high after the bourse reported a decline in annual profit.
ReplyDeleteNet income dropped 6% from a year earlier to S$445 million (US$329 million) in the year ended June 30 as expenses increased and sliding bond yields hurt treasury income, results showed Thursday. The stock slid as much as 6.9%, the most since May 2020.