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Singapore stocks: STI resumes Wednesday afternoon up 0.26% on day

29 Jan 2020 - The Business Times
SINGAPORE stocks held on to their gains as they resumed trading on Wednesday afternoon, with the Straits Times Index up 8.17 points or 0.26 per cent on the day to 3,189.42 as at 1.01pm. Advancers outnumbered decliners 219 to 149, after about 876.4 million securities worth S$450.9 million changed hands. ...
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Singapore shares open higher tracking US stocks rebound; STI up 0.09%

29 Jan 2020 - The Business Times
SINGAPORE shares edged higher at the open on Wednesday after Wall Street stocks rebounded overnight. The Straits Times Index gained 2.98 points or 0.09 per cent to 3,184.23 as at 9.06am. Gainers outnumbered losers 103 to 54, after 121.5 million securities worth S$74.5 million changed hands. Medtecs International ...
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Daily Markets Briefing: STI down 1.81%

29 Jan 2020 - Singapore Business Review
Medtecs International led the gains amongst top active stocks with a 65.39% jump. The Straits Times Index ended 58.77 or 1.81% lower at 3,181.25. The top active stocks were Medtecs International, which surged 65.39%, Singtel, which fell 0.89%, DBS, which inched down 1.34%, Genting Sing, which contracted ...
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Singapore stocks: STI resumes Tuesday afternoon down 2.49% on day

28 Jan 2020 - The Business Times
SINGAPORE stocks continued their morning sell-off as trading resumed on Tuesday afternoon, with the Straits Times Index declining 2.49 per cent or 80.66 points on the day to 3,159.36 as at 1.05pm. Losers outnumbered gainers 406 to 68, after 1.53 billion securities worth S$1.24 billion changed hands. ...
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Singapore shares tumble at open after Wall St falls on virus fears; STI down 2.25%

28 Jan 2020 - The Business Times
SINGAPORE shares sank at the opening bell on Tuesday after Wall Street finished markedly lower overnight on fears the coronavirus might impact global economic growth. On the first trading day after the long Lunar New Year weekend, the Straits Times Index shed 73 points or 2.25 per cent to 3,167.02 as ...
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MIT's next buy could be Mapletree's stakes in US data centres: analyst

28 Jan 2020 - Singapore Business Review
Data centres could feature more strongly in its deal pipeline. The remaining stakes in US data centres held by its sponsor Mapletree Investments could likely be Mapletree Industrial Trust’s (MIT) next buy, according to a report by CGS-CIMB. Also Read: MIT buys 10 data centres in North America for $750.1m ...
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Hospitality & tourism to slow down amidst Coronavirus outbreak

27 Jan 2020 - Singapore Business Review
Singapore hotels’ performance will likely imitate the 42% fall in daily average rate during the SARS outbreak. Singapore hotels’ average occupancy rates (AOR), and average daily rates (ADR) are sighted to plunge should the SARS-like outbreak develop further, according to a report by DBS equity research. ...
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Risk management solution buys to boost SGX's profits

27 Jan 2020 - Singapore Business Review
Scientific Beta grew its assets under replication by 10 times in four years. The Singapore Exchange (SGX) is expected to continue benefiting from a strong demand for risk management instruments, as it pursues investment opportunities starting with its planned acquisition of independent index provider ...
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Daily Markets Briefing: STI up 0.17%

27 Jan 2020 - Singapore Business Review
Singtel led the gains amongst top active stocks with a 1.5% growth. The Straits Times Index ended 5.46 or 0.17% higher at 3,240.02. The top active stocks were Singtel, which jumped 1.5%, ThaiBev, which inched up 0.63%, DBS, which fell 0.19%, UOB, which contracted 0.08%, and Genting Sing with a 0.55% ...
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DBS raises SGX target price to S$9.60, maintains 'buy' call

25 Jan 2020 - The Business Times
Singspore DBS Group Research has raised its target price for the Singapore Exchange (SGX) to S$9.60, up from S$8.90 previously, while maintaining its "buy" call on the stock. In a research note on Friday, DBS noted that SGX's 186 million euro (S$280 million) acquisition of... To continue reading SUBSCRIBE ...
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