Stockland lifts on H1 profit

Shares rise as group affirms guidance, warns of economic uncertainty

Stockland (SGP) shares have lifted after the group said it remains conservative in its full-year outlook due to continuing uncertain economic conditions but expects to achieve the upper end of its guidance after swinging to a first-half profit.

Investors were impressed by the news, sending Stockland shares 2.96% higher to $3.83 at 1015 AEDT, against a benchmark index lift of 0.53%.

{{content.question}}

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa
Mastercard

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device


Register as a new member

(using a different email)

Related Articles