Markets & Investing

Trend shows PAP win tied to STI gains

Trend shows PAP win tied to STI gains

Data from past polls show the index typically outperforms if the percentage of votes won by PAP is high, said DMG Research.

CapitaCommercial paid 2.1mn units to management

CapitaCommercial Trust Management received a total of 2,128,929 at an issue price of $1.3937 per unit.

SGX average daily trading volume rose 12% in April 2011

Futures & options average daily trading volume rose from 224,575 to 252,401.

Stocks selling at a bargain as GE nears

Various developer stocks are currently trading at a sharper discount to their book value, or at a smaller premium than before.

83% of services sector firms see a ho-hum 2011 ahead

The 17% who view a favorable second quarter is smaller than the net weighted balance of 36% registered in the same period of the previous year.

SGX lists Nam Cheong offshore shipbuilding and chartering unit

The S$472mn reverse takeover of Eagle Brand for Nam Cheong Group is satisfied via the issuance of 94.4bn new ordinary shares.

SGX appoints Nels Friets as new Securities Head and SVP

The former chair of the SGX Securities Committee was also a founding member of the Securities Association of Singapore.

SGX CFO steps down from post

Seck Wai Kwong will leave SGX for a new role at State Street Bank & Trust Co.

SGX lists Mapletree Commercial Trust to the Mainboard

The latest listing comes after two earlier REIT sponsored listing of Mapletree Investments Pte Ltd on SGX after Mapletree Logistics Trust and...

Retention of heavyweight ministers key to market stability

The market is not seen to react adversely should 1-2 GRCs be lost and vote share falls to between 58-61% in the General Elections, AmFraser said.

Small mid caps still a steep 20% behind large cap stocks

This is despite the fact that Singapore is two years into the recovery from the global financial crisis, said DBS Vickers.

Mapletree IPO oversubscribed by 8.38 times

Strong demand of approximately 4.99 billion Units was received for the Placement Tranche of 548,059,000 Units.

SGX lists Hyflux preference shares

Hyflux listed $400 million of preference shares, said Singapore Exchange.

SMX to begin trading cash-settled AUD-USD, USD-JPY futures

Six consecutive monthly contracts of each currency pair will trade Monday to Friday from 10.00am up to midnight SGT starting from April 29.

TWSE competes head-to-head with SGX

The Taiwanese stock exchange's success in wooing foreign-based issuers may set the stage for more competition with the SGX, Kim Eng Research said.

STI gains from Wall Street rally seen to continue

Kim Eng forecasts the index to test the 3,180 resistance level today after it closed above its key moving averages yesterday.

MAS to launch bills

The facility will function as the fourth MMO policy instrument, said OCBC.