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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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Manufacturing output grew 3.4% in January

27 Feb 2020 - Singapore Business Review
Biomedical manufacturing surged 41.1%. Singapore’s manufacturing output rose 3.4% YoY and 18.2% MoM in January, according to figures from the Economic Development Board (EDB). Excluding biomedical manufacturing, output fell 3.8% YoY over the same period. Biomedical manufacturing led growth amongst clusters ...
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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 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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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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Daily Briefing: UOB hiked pay by 8% per employee; Dream Cruises halts Genting Dream operations

26 Feb 2020 - Singapore Business Review
And HDB is set to offer two-room BTO flats in May and August. From eFinancialCareers: UOB increased pay more than its rivals DBS and OCBC did last year, as average annual employee compensation breached the $100k mark for the first time. Staff costs per head at UOB – total employee expenditure (such as ...
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Daily Markets Briefing: STI up 0.51%

26 Feb 2020 - Singapore Business Review
ST Engineering saw the highest jump amongst top active stocks with a 5.24% growth. The Straits Times Index ended 16.04 or 0.51% higher at 3,158.24. The top active stocks were DBS, which inched up 0.32%, Singtel, which remained unchanged, UOB, which rose 0.48%, ST Engineering, which edged up 5.24%, and ...
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Singapore stocks: STI resumes Tuesday afternoon up 0.7% on day

25 Feb 2020 - The Business Times
SINGAPORE equities resumed trading on Tuesday afternoon building on its early gains, with the Straits Times Index (STI) advancing 23.27 points or 0.7 per cent to 3,165.47 as at 1.03pm. The local market is on track for another "turnaround Tuesday" as investors turned to bargain buying after the STI's ...
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