Financial Wire

NZX Midday Sector Update: Industrial Services Stocks Rise, Non-Energy Minerals Decline

-- Industrial services gained the most among New Zealand sectors on Tuesday, advancing 2%.

Ventia Services Group (NZE:VNT, ASX:VNT) gained 2% in recent trade.

Meanwhile, non-energy minerals shares fell almost 2%.

Fletcher Building (NZE:FBU, ASX:FBU) was down nearly 4% in recent trade.

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Market Chatter: MTR Draws Eight Bids for Kam Sheung Road Phase 2 Project

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Keppel Infrastructure Trust Upsizes Multicurrency Debt Issuance Program

Keppel Infrastructure Trust (SGX:A7RU) updated and upsized its multicurrency debt issuance program from SG$2 billion to SG$3 billion, according to a Tuesday filing with the Singapore Exchange.DBS Bank and Oversea-Chinese Banking Corp. or OCBC (SGX:O39) were the arrangers and dealers under the amended program.

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Envicool's Q1 Profit Fall 82%, Revenue Jumps 26%; Shares Down 10%

Shenzhen Envicool Technology's (SHE:002837) net profit attributable to shareholders in the first quarter slumped 82% to 8.7 million yuan from 48 million yuan a year earlier, according to a Shenzhen bourse filing on Tuesday.Earnings per share dropped 80% year on year to 0.01 yuan from 0.05 yuan.Operating revenue climbed 26% to 1.18 billion yuan from 932.6 million yuan in the preceding year.The temperature control systems manufacturer's shares dropped 10% in late-morning trade Tuesday.

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