Singapore stocks extend rally; STI resumes afternoon up 1.7%

28 Aug 2020 - The Business Times
EXPECTATIONS that US interest rates will stay lower for longer lifted Singapore shares on Friday, in line with most Asian markets. Stephen Innes, chief global markets strategist at AxiCorp, said in a research note on Friday that the Fed's latest policy move is being viewed favourably for Asia today as ...
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Singapore stocks advance after US inflation policy shift; STI up 1% at open

28 Aug 2020 - The Business Times
SINGAPORE shares were pulled into positive territory on Friday, tracking a Wall Street rally overnight after Federal Reserve chair Jerome Powell announced changes designed to give the US central bank more flexibility on monetary policy. On the Singapore bourse, the benchmark Straits Times Index (STI) ...
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Daily Markets Briefing: STI down 0.88%

28 Aug 2020 - Singapore Business Review
Wilmar International led the gains amongst top active stocks with a 1.84% expansion. The Straits Times Index ended 22.27 or 0.88% lower at 2,519.81. The top active stocks were Wilmar International, which rose 1.84%, DBS, which fell 1.06%, UOB, which slipped 0.41%, Singtel, which dropped 0.87%, and OCBC ...
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STI falls 0.88% despite overnight Wall Street rally

27 Aug 2020 - The Business Times
SINGAPORE shares fell on Thursday despite Wall Street's overnight rally, prompted by rising expectations for loose monetary policy ahead of US Federal Reserve chair Jerome Powell's speech. The Straits Times Index fell 0.88 per cent or 22.27 points to close at 2,519.81. The STI's performance was in line ...
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Singapore stocks open higher on Thursday; STI up 0.1%

27 Aug 2020 - The Business Times
SINGAPORE shares began trading on Thursday in slightly positive territory, with the Straits Times Index (STI) gaining 3.54 points or 0.1 per cent to 2,545.62 as at 9.01am. Advancers outpaced decliners 82 to 48, after 122.6 million securities worth S$44 million changed hands. Among index securities, the ...
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Stocks to watch: Tan Chong, Silverlake, Straits Trading, Yunnan Energy, Raffles Edu

27 Aug 2020 - The Business Times
THE following companies saw new developments that may affect trading of their shares on Thursday: Tan Chong International: The car company has reported a loss of HK$75.3 million (S$13.3 million) for the first half of its financial year ended June 30, as Covid-19 measures curbed or halted its business ...
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STI falls 0.66% to 2,542.08 amid grim economic data

27 Aug 2020 - The Business Times
Singapore SINGAPORE shares ended a three-session rally on Wednesday, as optimism from progress on Covid-19 vaccines was marred by disappointing industrial production figures. The Straits Times Index fell 0.66 per cent or 16.95 points to close at 2,542.08. Advancers outpaced... To continue reading SUBSCRIBE ...
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Straits Trading buys business park in England for $137.9m

27 Aug 2020 - Singapore Business Review
It is currently 96% let to multiple tenants. Straits Real Estate (SRE), a subsidiary of Singapore-listed Straits Trading Company, has acquired a freehold business park located in Addlestone, Surrey, England, UK for a total cash consideration of $137.9m (GBP76.7m), an announcement revealed. Dubbed as ...
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Daily Markets Briefing: STI down 1.78%

27 Aug 2020 - Singapore Business Review
Medtecs International led the gains amongst top active stocks with a 9.86% expansion. The Straits Times Index ended 16.95 or 0.66% lower at 2,542.08. The top active stocks were Medtecs International, which jumped 9.86%, Wilmar International, which rose 0.46%, UOB, which slipped 2.49%, DBS, which dipped ...
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STI falls 0.66% amid grim economic data

26 Aug 2020 - The Business Times
SINGAPORE shares ended a three-session rally on Wednesday, as optimism from progress on Covid-19 vaccines was marred by disappointing industrial production figures. The Straits Times Index fell 0.66 per cent or 16.95 points to close at 2,542.08. Advancers outpaced decliners 204 to 201, after some 2.53 ...
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