Staff Reporter
Daily Markets Briefing: STI down 4.22%; Top stock is JMH USD
Daily Markets Briefing: STI down 4.22%; Top stock is JMH USD
JMH USD is the top stock with a 2.18% increase.
$8m donations kickstart SIM’s social entrepreneurship centre
They will also provide postgraduate and professional dev’t courses.
mm2 Asia to raise up to $40m new placement shares at $0.017 each
V3 Group intends to buy $15m of the placement shares.
Singapore's most traded stocks record significant gains in July
Over 60 of the top stocks were from the industrial, consumer, and technology sectors.
4 in 10 HR professionals oppose AI in hiring without safeguards
Only three in ten firms in Singapore have AI usage policies.
Lee Chong Kwee increases MLT stake with 134,000-unit purchase
He acquired the shares at $1.31 per unit.
DBS Bank cuts stake in Hoe Leong to 4.99% with share sale
It sold 29.477 million shares.
Manulife US REIT’s NPI drops 22.7% amidst higher vacancies
The REIT reported a lower occupancy rate of 78.4% in H1.
PMI rises to 50.7, marking faster expansion in July
The faster expansion rate in indexes such as new orders helped boost the PMI.
Company, director flagged for bid-rigging Ngee Ann Polytechnic quotation exercises
The bid-rigging affected quotations worth $63,000 to $65,000.
NTUC Enterprise, Income Insurance defend Allianz deal amidst stakeholder concerns
Suee Chieh Tan claimed that NTUC Enterprise raised its stake in the co-operative.
Great Eastern granted deadline extension to restore its public float
The insurer was given a deadline of 23 October.
Siloso Beach reopens for water activities after oil spill cleanup
The water quality at the beach has returned to normal levels.
Developers weigh costs and demand over location and attributes in bids
The shift was evident in the scant two bids for the Margaret Drive site.
HDB rental market may face a downturn in H2
Leasing volumes to fall to 36,500–38,000 units in 2024.
Daily Markets Briefing: STI down 1.07%; Top stock is DFIRG USD
DFIRG USD is the top stock with a 2.30% increase.
Lower-than-expected labour stats offset inflation risks
The core inflation forecast remains at 3.3%.
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