Singapore shares jump 0.7% on Friday, flat on the week

6 Dec 2019 - The Business Times
THERE was a sense of measured optimism in regional markets on Friday, after slight gains on Wall Street and no major developments on the trade front. Asian markets were propped up by reports China has offered to waive tariffs on some imports of US soybean and pork, and US factory orders rebounding in ...
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Singapore stocks: STI resumes Friday afternoon up 0.07%

6 Dec 2019 - The Business Times
SINGAPORE shares resumed trading in positive territory on Friday afternoon, with the benchmark Straits Times Index eking out a 0.07 per cent, or 2.08 points gain to 3,176.27 as at 1.01pm. Decliners outnumbered advancers 140 to 132, after about 465 million shares worth S$424.1 million changed hands. ...
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Straits Times Index drops Golden Agri-Resources

6 Dec 2019 - Singapore Business Review
Mapletree Logistics Trust will replace the agribusiness firm. Mapletree Logistics Trust (MLT) has joined the Straits Times Index (STI), replacing Golden Agri-Resources following the December quarterly review, FTSE Russell announced. This makes the index’s reserve list composed of Suntec REIT, Mapletree ...
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Najib takes stand, denies everything

6 Dec 2019 - The Edge Markets
SINGAPORE (Dec 9): On Dec 3, former Malaysian prime minister Najib Abdul Razak took the stand as the first witness in his trial for seven counts of abuse of power, criminal breach of trust and money-laundering of RM42 million from SRC International, a subsidiary of the beleaguered 1Malaysia Development ...

Stocks to watch: Keppel, SPH Reit, MLT, Golden Agri-Res, EHT, Chasen, Silkroad Nickel

6 Dec 2019 - The Business Times
THE following companies saw new developments that may affect trading of their securities on Friday: Keppel Corporation: A subsidiary of Keppel Corp’s infrastructure arm is investing 53.02 million euros (S$80 million) for a 20 per cent stake in Swiss energy firm MET Group. Keppel Infrastructure and MET ...
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Daily Markets Briefing: STI down 0.36%

6 Dec 2019 - Singapore Business Review
CapitaLand led the gains amongst top active stocks with a 0.3% climb. The Straits Times Index ended 14.40 or 0.46% higher at 3,174.19. The top active stocks were DBS, which rose 0.36%, OCBC, which remained unchanged, YZJ Shipbuilding, which jumped 2.8%, UOB, which inched up 0.11%, and ComfortDelGro with ...
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Singapore shares add 0.5% as risk appetite rises on trade deal hopes

5 Dec 2019 - The Business Times
ASIAN equity markets were in a cheery mood after news reports indicated that the final details of the US-China "Phase One" trade deal could be ironed out by the end of the following week. With markets preoccupied with developments on this front, it was of little to no surprise investor appetite for risk ...
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Singapore stocks: STI resumes Thursday afternoon up 0.53% on day

5 Dec 2019 - The Business Times
SINGAPORE stocks continued to see healthy intraday gains as trading resumed on Thursday afternoon, with the Straits Times Index advancing 0.53 per cent or 16.85 points on the day to 3,176.64 as at 1.04pm. Gainers outnumbered losers 176 to 92, after about 476.5 million securities worth S$475.8 million ...
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New F&N Foods plant breaks ground at Tuas

5 Dec 2019 - Singapore Business Review
It is expected to be completed in late 2021 at a cost of more than $80m. Fraser and Neave subsidiary F&N Foods has broken ground its new Tuas facility, expected to be completed in late 2021 at a cost of more than $80m, the company announced. Upon completion, the facility will consolidate most of F&N’s ...
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IMDA rolls out initiatives to boost media industry

5 Dec 2019 - Singapore Business Review
It involves co-funding/co-productions, masterclasses and market access. The Infocomm Media Development Authority (IMDA) introduced a series of initiatives that are said to enhance Singapore’s media ecosystem, a press release revealed. Efforts will span across content development, partnerships, financing ...
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