Markets & Investing
Elite Commercial REIT’s distributable income drops 26.1% YoY to $7.5m in 1Q23
Elite Commercial REIT’s distributable income drops 26.1% YoY to $7.5m in 1Q23
                                                                                                 
                        
                          The REIT attributed the decline to increased borrowing costs amongst others.
                    
                                        
                    
                Suntec REIT’s distributable income drops 26.8% YoY to $50.3m in 1Q23
                                                                                                 
                        
                          Given the drop, it recorded a 27.4% YoY lower DPU to unitholders.
                    
                                        
                    
                FCT’s net property income rises 5.7% YoY to $137.96m in 1H23
                                                                                                 
                        
                          Despite the increase, it recorded a 0.1% YoY lower DPU of $0.06130.
                    
                                        
                    
                Daily Markets Briefing: STI increases by 0.25%; Keppel Corporation is top stock
                                                                                                 
                        
                          Keppel Corporation was the most active stock as it grew by 1.75%.
                    
                                        
                    
                Daily Markets Briefing: STI down by 0.32%; Keppel Corporation is top stock
                                                                                                 
                        
                          Keppel Corporation was the most active stock as it rose by 1.29%.
                    
                                        
                    
                Sustainable SG: Singaporeans reveal top 3 sectors for green investments
                                                                                                 
                        
                          More than half of local investors plan to increase investments due to improved market stability.
                    
                                        
                    
                Capital goods sector to lead Q1 23 results: analyst
                                                                                                 
                        
                          The rest of the sectors may feel muted growth.
                    
                                        
                    
                Keppel Infrastructure Trust seeks to raise $240m in equity funding
                                                                                                 
                        
                          The company will use 97.3% of the proceeds to partially pay bridge facilities.
                    
                                        
                    
                STI registers 2.4% year-to-date total return amidst slow growth
                                                                                                 
                        
                          The index posted 20 gainers and nine losers.
                    
                                        
                    
                SGX’s derivatives business continues to grow due to China's recovery: analyst
                                                                                                 
                        
                          Total derivatives traded volume was 23.5m contracts.
                    
                                        
                    
                CapitaLand Investment issues $425m fixed rate senior notes
                                                                                                 
                        
                          The notes are due in 2030 with a fixed rate of 4.20%.
                    
                                        
                    
                SGX RegCo warns investors on dealing with Digilife shares
                                                                                                 
                        
                          Its share price has climbed steadily from $1.12 on 6 January.
                    
                                        
                    
                What US stocks do Singapore clients invest in this March?
                                                                                                 
                        
                          Singapore clients had more appetite for US stocks as the IMX was measured 4.34 in March.
                    
                                        
                    
                Temasek confirms 41% stake acquisition in Manipal Health Enterprises
                                                                                                 
                        
                          The stake acquisition stems from their focus on longer lifespans.
                    
                                        
                    
                Over 50 IPOs seen in Southeast Asia in the first quarter
                                                                                                 
                        
                          Singapore accounted for 1 IPO launch that raised US$15m.
                    
                                        
                    
                Chart of the Day: Women outpacing men in cryptocurrency investor growth
                                                                                                 
                        
                          The percentage of females investing in crypto has gone up 7% since 2022.
                    
                                        
                    
                Daily Markets Briefing: STI up by 0.22%; SATS is most active stock
                                                                                                 
                        
                          SATS was the top stock with an 8.24% growth.
                    
                                        
                    
                
                                
                	        
                	        
                	        
                	        
                	        
                	        
                	        
                	        
                	        
                	        
                	        
                	        
                	        
                	        
                	        
                	        
						
				
                
                
                
                
                
                
                
                
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