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Daily Markets Briefing: STI down 0.2%; Top stock is Keppel
Daily Markets Briefing: STI down 0.2%; Top stock is Keppel
The Straits Times Index (STI) closed at 4,428.62, down 0.2%, on Friday, 31 October, at 5:21 p.m.
MAS appoints Phua Wee Ling as assistant managing director from 2026
Before MAS, Phua worked at Citibank Singapore and the Central Provident Fund Board.
Conserved shophouse at 8 North Canal Road listed for $16.8m sale
The property comprises three storeys plus an attic, with an estimated built-up area of 3,154 sq ft on 953 sq ft of land.
Fu Yu returns to profit with $2.4m Q3 gain
Shareholders’ equity stood at $131.9m, down from $136.2m at the end of 2024.
Manufacturing sentiment improves as electronics, aerospace boost outlook
The electronics cluster is the most optimistic.
Singapore’s energy workforce set to expand by over 60% in next decade
EMA to partner with industry and schools to train workers for clean energy transition.
Broadway Industrial agrees to partial payment in precision tool company acquisitions
All parties have agreed to pay 60k of the deferred cash payment upon signing.
MOM appoints operators for two recreation centres
The ministry made the call for proposals in June.
Singapore, Chile, and New Zealand enter negotiations for green economy agreement
Areas of cooperation include sustainable aviation fuel and trade-related climate measures.
V2Y Corporation secures $20m loan to bolster capital, explore new business
The group also plans to change its corporate name.
CapitaLand India Trust net income surges 10% to $172.1m in Q3
This was partially offset by an increase in total property expenses.
HSBC Innovation Banking launches Singapore operations with $1.5b fund
Neil Falconer has been appointed to lead the Singapore arm of HSBC Innovation Banking.
Keppel nets $14b asset monetisation in 9M 2025 on divestments
The company plans to divest its M1 telco arm and 800 Super interests.
CapitaLand China Trust sees rise in shopper traffic, tenant sales in 9M
Its retail portfolio saw growth from Golden Week holiday and jewellery demand, amongst others.
Mapletree Industrial Trust’s NPI down 3.5% to $257.66m in H1
This was partly due to reduced income after its Singapore portfolio divestment.
Starhill Global REIT NPI up 0.2% to $37.9m in Q1 FY25/26
Occupancy is at 94.8% as of end-September 2025.
Keppel, ENGIE sign MoU on low-carbon energy systems
The two will focus on optimising energy systems and price risk management, amongst others.
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