News

Daily Markets Briefing: STI up 0.75%

Daily Markets Briefing: STI up 0.75%

Medtecs International led the gains amongst top active stocks with a 44.61% jump.

Chart of the Day: Around 4.3 million sqft of office supply in the works

The market will face a huge supply coming on board in 2022.

Nearly 9 in 10 employees look to upskill or re-skill

Over half of these respondents aim to improve their digital skills.

Household spending growth weakens as consumers focus on essentials

Purchases are concentrated on food and health products.

Condo rents slipped 0.9% in July

Rents in the CCR and OCR fell.

OCBC, Amundi float dollar cost averaging fund in Singapore

It leverages the cost-averaging effect when it allocates assets to equity ETFs.

Ascendas Reit launches $7b Euro medium term securities programme

It will finance or refinance the trust’s acquisitions and/or investments.

Wilmar's profit jumped 49.8% to $839.92m in H1

Interim tax exempt (one-tier) dividend for H1 is at $0.04 apiece.

Koufu Group's profits plunged 82% to $2.54m in H1

Its outlet and mall management segment saw lower fixed and variable rental income.

Court moves UWG's deadline to put Hyflux under judicial management

This follows after the High Court granted UWG's application to be carved out of the moratorium.

Daily Markets Briefing: STI down 0.05%

Keppel Corporation saw the sharpest decline amongst top active stocks with a 11.11% contraction.

Chart of the Day: Rental volume in private homes down 10% to 19,506 units in Q2

A bulk of it are renewals since new foreign expats were not able to enter Singapore.

SGX to roll out 13 equity futures

These will be launched in August and September.

Securities daily average value up 15% to $1.2b in July

Equity market activity remained higher than a year earlier but moderated from a strong June.