-- Consumer stocks were mixed Wednesday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) increasing 0.3% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) down 0.2%.
In corporate news, Best Buy (BBY) shares fell past 5% after it said Wednesday that Corie Barry will step down as chief executive, with insider Jason Bonfig set to succeed her.
Power Construction of China (SHA:601669) posted 2025 attributable net profit of 10.0 billion yuan, down 17% from 12.0 billion yuan the previous year.Earnings per share slid to 0.5276 yuan from 0.6347 yuan, according to a Friday filing with the Shanghai bourse.Operating revenue climbed 1.9% year over year to 645.6 billion yuan from 633.7 billion yuan.Shares of the engineering construction company were down 2% in recent trade.
Singapore's overall private residential price index rose 0.9% in the first quarter of the year, up slightly from the 0.9% growth a year earlier, according to data released by the Urban Redevelopment Authority on Friday.Overall private residential index was marginally up by 0.3%.About 55,800 private residential units are expected to be delivered in the next few years.Meanwhile, prices of landed properties fell by 0.4%, following a 3.4% increase in the previous quarter.Rental prices of private residential properties were up 0.3% compared with a 0.5% decrease in the previous quarter.
Indian Energy Exchange's (NSE:IEX, BOM:540750) consolidated attributable profit rose to 1.30 billion Indian rupees in the fiscal fourth quarter ended March 31, from 1.17 billion rupees a year ago.Earnings per share came in at 1.45 rupees from 1.32 rupees a year earlier, according to a Thursday filing to the Indian stock exchanges.Revenue from operations in fiscal Q4 increased to 1.74 billion rupees from 1.42 billion rupees a year ago.The company's board recommended a final dividend of 2 rupees per equity, having a face value of 1 rupee each. It has fixed May 15 as the record date to determine the eligible shareholders for the dividend.