Sector: Producer Manufacturing, Industry: Trucks/Construction/Farm Machinery
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Yangzijiang wins new contract for container feeders worth $77.6 mil

28 May 2020 - The Edge Markets
SINGAPORE (May 28): Mainboard-listed Yangzijiang Shipbuilding has secured a new shipbuilding contract for four 1,000TEU container feeders worth a total of RMB392 million (S$77.6 million) on Thursday. The order was placed by Zhejiang Seaport Shipping Company Ltd, a unit of Zhejiang Seaport Group & Ningbo ...
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Singapore shares close sharply lower by 2.2%

22 May 2020 - The Business Times
SINGAPORE shares closed sharply lower as sentiments across the region were hit by worries of a deepening US-China rift, and as Beijing got set to enact a controversial national security law on Hong Kong. The Straits Times Index fell 55.51 points or 2.17 per cent to 2,499.83. Week-on-week, the index has ...
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Singapore shares inch higher at Monday's open; STI up 0.2%

11 May 2020 - The Business Times
SINGAPORE shares began trading in slightly positive territory at the start of the week, with the Straits Times Index rising 5.7 points or 0.2 per cent to 2,597.6 as at 9.15am. This comes as US equities rallied on Friday, after the April jobs report proved grim, but not quite as bad as analysts had feared. ...
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STI ekes out 0.34% gain to 2,572.36

5 May 2020 - The Business Times
THE Straits Times Index (STI) shrugged off the dismal Purchasing Managers’ Index (PMI) reading reported on Monday and staged a small turnaround on Tuesday, chalking up slim gains of 0.34 per cent or 8.67 points to close at 2,572.36. This came as the Wall Street had a late-session rally on Monday as governments ...
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Yangzijiang's net profit halved to $82.72m in Q1

30 Apr 2020 - Singapore Business Review
Less number of vessels were delivered during the period. Yangzijiang Shipbuilding had a rough start to the new decade with its net profits sinking 51% YoY to $82.72m (RMB414.13m) in Q1, compared to $167.99m (RMB840.98m) a year earlier, a bourse filing revealed. Revenue also fell 44% YoY to $698.56m (RMB3.49b) ...
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Daily Markets Briefing: STI up 0.46%

29 Apr 2020 - Singapore Business Review
AEM led the gains amongst top active stocks with a 8.72% leap. The Straits Times Index (STI) ended 11.78 or 0.46% higher at 2,574.73. The top active stocks were Singtel, which remained flat, DBS, which inched up 0.68%, OCBC Bank, which edged up 0.34%, AEM, which leapt 8.72%, and YZJ Shipbldg SGD with ...
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Daily Markets Briefing: STI up 0.53%

29 Apr 2020 - Singapore Business Review
YZJ Shipbldg SGD saw the sharpest decline amongst top active stocks with a 3% drop. The Straits Times Index (STI) ended 13.55 or 0.53% higher at 2,562.95. The top active stocks were DBS, which inched up 0.37%, Singtel, which increased 1.08%, UOB, which edged up 0.35%, OCBC Bank, which slid 0.91%, and ...
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Singapore shares open slightly higher on Tuesday; STI up 0.03%

28 Apr 2020 - The Business Times
SINGAPORE shares edged higher at the opening bell on Tuesday following gains in US markets overnight on optimism about steps to reopen the US economy. The Straits Times Index advanced 0.76 point or 0.03 per cent to 2,550.16 as at 9.07am. Gainers outnumbered losers 107 to 39, after 73.6 million securities ...
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Singapore stocks inch lower at Tuesday's open; STI down 0.1%

21 Apr 2020 - The Business Times
SINGAPORE shares nudged slightly lower on Tuesday, with the Straits Times Index slipping 3.2 points or 0.1 per cent to 2,594.65 as at 9.02am. Decliners outnumbered advancers 87 to 36, after about 46.4 million securities worth S$58.8 million changed hands. Among the most heavily traded by volume, Singtel ...
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Singapore shares rise at Monday's open; STI up 0.4%

20 Apr 2020 - The Business Times
SINGAPORE stocks opened higher on Monday, tracking rallies in the US and Europe after US officials moved forward with plans to gradually reopen the economy. Singapore's Straits Times Index rose 0.4 per cent or 11.06 points to 2,625.66 as at 9.04am. Gainers outnumbered losers 103 to 46, after 45.7 million ...
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