News

Its orderbook recognition for the next three quarters is expected to rise 31%.

Singtel was the top active stock and grew 0.9%.

And Air New Zealand is boosting flight frequency from Singapore in the winter.

Hi-P International recorded a 50.1% YTD return.

Only the apparel & footwear industry was able to post gains after sales rose 3.4%.

The ratio of job vacancies to unemployed persons dipped to 1.08 in March.

The firm will realise gross proceeds of about $67.7m to fund its acquisitions.

Rents in the OCR led the increase at 2.4%.

Nearly 7 in 10 are already covered by the Integrated Shield plan in 2017.

Singtel led the gains at 0.91%.

And a study found that Singaporeans bound for Taiwan are the most vulnerable to scams.

Debt costs could pare its DPU by 7%.

Private players were left to fight over the remaining 22-23% of the market.

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%.  

And a Jalan Besar property sold $10m below its indicative price of $47.4m.

Rental prices may continue to fall in the coming months as more flats are eligible for lease.