STI gains 9.2% in March

17 Mar 2021 - Singapore Business Review
The Straits Times Index continues to recover. The Straits Times Index (STI) gained 9.2% as of 15 March, according to latest data from the Singapore Exchange. The index, which tracks the top 30 companies traded in the exchange, falls within 20% of the record high of May 2018, and would have to decline ...
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Market Update: Singapore shares start trading week with a recovery, up by 0.35%

16 Mar 2021 - Singapore Business Review
The Straits Times Index closed up by 10.78 points or 0.35% on Monday trade, ending at 3,106.00. The aviation-related counters led the gains for the day. About 2.15-billion securities worth S$1.33-billion changed hands with advancers outnumbering stock losers, 268 to 223. Top performers for the day were ...
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After false start, STI rises by 0.48%

5 Mar 2021 - Singapore Business Review
The Straits Times Index closed on Thursday at 3,014.78, up by 14.41 points or 0.48%. Most Asian stocks traded lower as they tried to escape the worst of yesterday's tech sell-off. About 3.12-billion securities worth S$1.64-billion changed hands, with decliners outnumbering advancers, 251 to 217. The ...
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SATS unveils contactless dining experience

19 Feb 2021 - Singapore Business Review
Diners can pre-order popular dishes through a mobile website. SATS has launched a contactless dining concept for the Singapore General Hospital to showcase the company’s culinary expertise and digital capabilities amidst the slowdown in the recovery of the aviation industry. Diners can now taste SATS’ ...
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SATS narrows losses amidst strong cargo demand boost

15 Feb 2021 - Singapore Business Review
The company recorded a 54% YoY revenue fall to $251m. SATS’ revenue for Q3 FY 2021 fell 54% YoY to $251m, whilst its profit after tax and minority interests (PATMI) loss narrowed to $2.8m in the same period due to an uptick in air cargo volumes, government relief, and improved contribution from overseas ...
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SATS records $2.8m net loss in Q3

11 Feb 2021 - Singapore Business Review
This is despite a net profit of $59.3m the previous year. Food solutions and gateway services provider SATS has posted a net loss of $2.8m for Q3 ended 31 December 2020 despite a net profit of $59.3m a year ago, the company announced in a business update. Despite tough operating conditions, the group ...
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Broker's take: CGS-CIMB upgrades SATS to 'add' with higher S$4.30 TP

2 Feb 2021 - The Business Times
CGS-CIMB has upgraded its call on SATS to "add" from "hold", while raising its target price to S$4.30 from S$3.27 previously on expectations that the ground handler and inflight caterer will return to profit in the near term. In a report on Monday, analyst Lim Siew Khee projects SATS to report a profit ...
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Singapore shares up for third straight session, STI gains 0.16%

15 Jan 2021 - The Business Times
SINGAPORE shares ended the week in positive territory, marking its third straight session of gains. The benchmark Straits Times Index (STI) rose 0.16 per cent or 4.87 points to close at 3,004.87 points on Friday. Across the broader market, gainers outnumbered losers 289 to 202, after 4.2 billion securities ...
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Singapore stocks higher on Thursday, following Georgia Senate elections; STI up 1.5%

7 Jan 2021 - The Business Times
SINGAPORE stocks made strong gains on Thursday morning, mirroring regional trends, after the Democrats in the US clinched victory in the Georgia Senate run-off elections. The benchmark Straits Times Index (STI) was up 1.5 per cent or 42.57 points to 2,905.58, as at the midday break. Gainers outnumbered ...
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Stocks to watch: CDL, Singapore Airlines, SATS, JMH, Sembcorp, CapitaLand

30 Dec 2020 - The Business Times
THE following companies saw new developments that may affect trading of their securities on Wednesday: City Developments Limited (CDL): Another board member, Koh Thiam Hock, has resigned from the property giant over concerns with its investment in Sincere Property Group in China, said CDL late Tuesday ...
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