-- BM Pekao on Tuesday upgraded semiconductor manufacturer STMicroelectronics (STMPA.PA, STMMI.MI) to buy from hold and increased its price target to 47.17 euros from 22.95 euros.
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Abundate (SGX:570) booked a loss of SG$320,000 in the fiscal second half ended Feb. 28, from a profit of SG$134,000 a year earlier, according to a Wednesday filing with the Singapore Exchange.Loss per share stood at SG$0.0031 compared with earnings per share of SG$0.0013 in the year-ago period.Revenue rose 6% year over year to SG$4.1 million from SG$3.9 million, backed by strong demand for local construction activities.