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Daily Markets Briefing: STI up 0.67%
Daily Markets Briefing: STI up 0.67%
CapitaLand led the gains at 3.02%.
The Straits Times Index ended 21.47 or 0.67% higher at 3,209.58.
The top active stocks are DBS, which grew 0.65%, Singtel and UOB, which both rose 0.61%, Genting Sing, which inched up, 1.71%, and CapitaLand, which rose 3.02%.
The FTSE MidCap grew 0.73% whilst the FTSE Small Cap inched up 0.21%.
Daily Briefing: Pasir Panjang Power District eyed for waterfront lifestyle potential; Singapore to have 13,000 shared bicycles in 2019
And a Jalan Besar property sold $10m below its indicative price of $47.4m.
Chart of the Day: HDB rents down 0.4% to 117.7 in Q3
Rental prices may continue to fall in the coming months as more flats are eligible for lease.
China Jinjiang Environment Holding shareholders to sell 29.79% stake for $320m
Around 430 million shares will be sold to Zhejiang Energy International and Zheneng Capital Holdings Co.
SGX daily average value dipped 18% to $1.1b in May
Total derivatives traded volume however surged 46% YoY to 24.2 million contracts.
Grab and Citi tie up to launch credit card
It is available in the Philippines and will be launched in Thailand later.
Condo resale prices up 2.3% in May
The Outside Central Region witnessed the highest price index increase of 2.6%.
The Made in Singapore and Designed in Singapore Awards are now open for nominations
Nominations will close on 30 August 2019.
City Developments banks on sweeter $3.86b Millennium & Copthorne Hotels buyout to seal the deal
The latest offer represents a 37% premium over M&C’s $8.66 closing price.
The Asian Export Awards 2019 is now open for nominations
The search is on for the leading exporters in Asia.
UOB Venture Management to launch second PE fund for impact investing
It will make around US$1m-15m equity investments in each investee company.
Chart of the Day: How willing are Singaporeans to buy insurance from newcomers?
Consumers in Malaysia, China and Indonesia are more open than Singaporeans.
Daily Briefing: Kwek family net worth surges by $227m amidst strong intraday gains; Here are the top programming languages loved by banks
And Parkway Life REIT's DPU has more than doubled in the past decade.
BreadTalk, Tat Seng fined for illegally discharging into public sewers
They were part of the 38 companies fined a total of $253,700.
CapitaLand to sell three malls in China for $589.2m
The sale will generate proceeds of about $239.9m and a net gain of $37.6m.
Medical trend rate outpaced inflation 10 times in 2019
It is expected to rise by 0.1% in 2019.
SPH's student beds sell out as Chinese flock to UK universities
Its Southampton property, which had 526 beds, had all rooms sold out in May 2019.
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