Singapore shares eke out slight gains at Thursday's open; STI up 0.1%

4 Feb 2021 - The Business Times
SINGAPORE shares struggled to advance at Thursday's open, following a flat session on Wall Street overnight. The key Straits Times Index (STI) added 3.66 points or 0.1 per cent to 2,931.13 as at 9am. Gainers outnumbered losers 66 to 31, after 36.2 million securities worth S$24.5 million changed hands. ...
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Stocks to watch: SingPost, FLCT, CDL, Wing Tai, BRC Asia, Neo Group

4 Feb 2021 - The Business Times
THE following companies saw new developments that may affect trading of their securities on Thursday. Singapore Post (SingPost): The group reported S$351 million in revenue for the third quarter ended December 2020, down 1 per cent from S$356 million for the corresponding period last year. Its profit ...
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Yoma Strategic slides 25.5% to close at 20.5 cents

4 Feb 2021 - The Business Times
Singapore YOMA Strategic shares plunged on Wednesday, following a two-day trading halt. The mainboard-listed counter closed at 20.5 Singapore cents on Wednesday, down 25.5 per cent or 7 cents, with 71.3 million shares worth S$14.7 million changing hands. Earlier in the day,... To continue reading SUBSCRIBE ...
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Singapore shares close higher on Wednesday, STI up 0.4%

3 Feb 2021 - The Business Times
LOCAL equities continued their advance on Wednesday, tracking a rally on Wall Street. Investor optimism across stock markets was also lifted by the usual suspects, such as stimulus hopes and vaccine rollouts. Tuesday's trading session on Wall Street saw the three indices close in the black: The Dow Jones ...
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Hot stock: Oceanus hits record high of 6.9 S cents amid Reddit speculation

3 Feb 2021 - The Business Times
SHARES of Oceanus Group briefly reached 6.9 Singapore cents on Wednesday, the highest level they have traded at since 2012. As at 9.02am, the watchlisted seafood supplier was trading 0.2 Singapore cent or 3 per cent higher after some four million shares changed hands. The share price then... To continue ...
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Hot stock: Yoma Strategic slides 27% after business update on Myanmar situation

3 Feb 2021 - The Business Times
SHARES of Yoma Strategic plunged to a new low on Wednesday morning following a two-day trading halt. As at 9.20am, the mainboard-listed counter was trading 7.5 Singapore cents or 27.3 per cent lower at 20 cents, with 26.8 million shares worth S$5.4 million changing hands. The decline eased slightly to ...
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Singapore stocks edge up tracking Wall Street rally; STI up 0.4%

3 Feb 2021 - The Business Times
SINGAPORE shares were pulled into positive territory on Wednesday, led by Wall Street gains overnight. Daily FX strategist Margaret Yang noted that a strong finish on Wall Street encourages another "risk-on" session across the Asia-Pacific markets, while upbeat earnings from Alphabet, Amazon and Alibaba ...
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Stocks to watch: Ascendas Reit, Keppel, Japfa, Sunpower, LMIRT

3 Feb 2021 - The Business Times
THE following companies saw new developments that may affect trading of their securities on Wednesday: Ascendas Real Estate Investment Trust (Ascendas Reit): The Reit posted a lower distribution per unit of 7.418 Singapore cents for its second half ended Dec 31, 2020, from 7.485 cents a year ago. Its ...
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Hedge funds will evade short-squeeze enthusiasts

3 Feb 2021 - The Business Times
London SNAKE handlers recommend keeping a vinegar spray handy in case a python's grip gets too tight. Hedge funds also have a few ways to wriggle free as retail traders try to squeeze them. Small-time investors have already claimed victims from the community of hedge funds that bet certain stock prices ...
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MAS and SGX RegCo flag risks linked to trading incited by online discussion forums

2 Feb 2021 - The Business Times
THE Monetary Authority of Singapore (MAS) and Singapore Exchange Regulation (SGX RegCo) have urged the public to be on "heightened alert", flagging risks related to trading in securities incited by online discussion forums and social media chat groups. MAS and SGX RegCo are monitoring market activities ...
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