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Daily Markets Briefing: STI down 0.19%

28 Feb 2020 - Singapore Business Review
CapitaLand saw the sharpest decline amongst top active stocks with a 0.82% contraction. The Straits Times Index ended 5.82 or 0.19% lower at 3,111.70. The top active stocks were DBS, which inched up 0.65%, Singtel, which fell 0.33%, UOB, which rose 0.56%, OCBC Bank, which grew 0.37%, and CapitaLand with ...
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Singapore stocks: STI resumes Thursday afternoon down 0.9% on day

27 Feb 2020 - The Business Times
SINGAPORE equities resumed trading on Thursday afternoon extending the early session's losses, with the Straits Times Index (STI) down 26.75 points or 0.9 per cent to 3,090.77 as at 1.03pm. Market sentiment remains dented by uncertainty surrounding Covid-19. This has left investors busy trying to price ...
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Singapore shares fall at Thursday's open tracking US retreat; STI down 0.2%

27 Feb 2020 - The Business Times
SINGAPORE shares opened lower on Thursday tracking Wall Street losses overnight, with the benchmark Straits Times Index slipping 6.69 points or 0.2 per cent to 3,110.83 as at 9.02am. Decliners outnumbered advancers 95 to 59, after about 65.2 million securities worth S$85.3 million changed hands. Among ...
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CapitaLand's mall traffic in China rebounds despite closures

27 Feb 2020 - Singapore Business Review
Shopper traffic recently rose to 40-50% of the pre-COVID-19-outbreak levels. CapitaLand has closed 12 of its malls in China, with four of these being in Wuhan. According to a note from OCBC Investment Research, the picture is not entirely drastic, however, as its shopper traffic in China rebounded to ...
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Daily Markets Briefing: STI down 1.29%

27 Feb 2020 - Singapore Business Review
YZJ Shipbuilding saw the sharpest decline amongst top active stocks with a 3.96% contraction. The Straits Times Index ended 40.72 or 1.29% lower at 3,117.52. The top active stocks were DBS, which inched down 1.08%, UOB, which fell 1.06%, Singtel, which slid 0.65%, OCBC Bank, which dropped 1%, and YZJ ...
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Singapore shares slide 1.3% after US warns of sustained Covid-19 spread

26 Feb 2020 - The Business Times
COVID-19 continues to dominate news flows globally and with the situation still fluid, markets remain volatile, evidenced by the resumption of the sell-off during Wednesday's session in Singapore. Tuesday's rebound in the local equity market was short-lived as market participants were jolted by word ...
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Singapore stocks: STI resumes Wednesday afternoon down 0.9% on day

26 Feb 2020 - The Business Times
SINGAPORE shares continued their downward slide on Wednesday afternoon, with the Straits Times Index shedding 29.07 points or 0.9 per cent to 3,129.17 as at 1.02pm. Decliners outnumbered advancers 261 to 119, after about 813.3 million securities worth S$684.8 million changed hands. Among the most heavily ...
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Singapore stocks tumble tracking US rout on virus jitters; STI opens 0.9% lower

26 Feb 2020 - The Business Times
SINGAPORE shares pulled back on Wednesday morning after Wall Street stocks suffered a second straight rout overnight, with losses picking up after US health officials warned that the novel coronavirus was likely to hit the world’s biggest economy. Singapore’s benchmark Straits Times Index (STI) declined ...
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FCOT to waive brokerage fees for odd lots

26 Feb 2020 - Singapore Business Review
The odd lots are part of the trust scheme in its proposed merger with FLT. Frasers Commercial Trust (FCOT), through its manager Frasers Commercial Asset Management, has announced that it will set a brokerage fee arrangement for the trading of odd lots in the trust scheme in its proposed merger with Frasers ...
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COVID-19 may spoil Singapore banks' new year despite good 2019 results

26 Feb 2020 - Singapore Business Review
The virus and lower interest rates may hike up NPLs and weaken profits. Whilst 2019 was good for Singapore’s three largest banks, with non-performing loan (NPL) ratios remaining at 1.5% since 2018, the new year may ring in problems for the sector as the COVID-19 outbreak persists, according to a Moody’s ...
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