Markets & Investing
Daily Markets Briefing: STI up 0.19%; ThaiBev is top stock
Daily Markets Briefing: STI up 0.19%; ThaiBev is top stock
Thai Beverage posted a 2.63% increase.
Aspen Group expects net loss for FY23
The Group will release its financial results on or before 29 August.
Singapore Post thriving amidst e-commerce surge
Postal giant’s CEO International, Li Yu, shares insights on industry challenges and SingPost’s trailblazing transformation.
SGX net profit grew 10.3% in FY 2023
The total adjusted net profit was $503.2m in FY 2023.
Yangzijiang Financial Holding’s net profit jumps 19.2% YoY to $162.5m in 1H23
Given the increase, the group also recorded a higher diluted EPS of $0.0439.
Is there still hope for NFTs? Study shows there’s still potential
Knight Frank said transactions hit US$4.7b in the first quarter of 2023.
Watches, wine, and rare whisky top ultra-rich Singaporeans’ luxury collectibles
Knight Frank reported a 7% increase in the luxury investment index.
Why Singaporean investors consider residential property as the safest asset class
One in six ultra-high-net-worth individuals in SG plan to buy a property in 2023.
CapitaLand Ascott Trust prices new units under private placement at $1.043 each
It will issue a total of 191,755,000 new units.
Glass Lewis urges Sabana REIT unitholders to vote against Quarz’s resolutions
The proxy adviser recognised the REIT manager's strong performance over the past 5 years.
Tenure rule for independent directors does not guarantee a 9-year term: SGX RegCo CEO
SGX RegCo imposed a nine-year limit for independent directors last year.
Top industrial stocks booked $74m of combined net institutional flow
Seven stocks generated average total returns of 14%/19% in the past seven months.
STI up 5.2% in July
The top stocks during the month were Seatrium and Keppel Corp.
ES Group expects net loss for H1
The unexpected breakdown of the ES Jewel vessel contributed to the loss.
What makes Singapore a critical global wealth hub?
75% of assets under management (AUM) in SG are from diverse overseas sources.
MPACT net property income surges 68% YoY to $179.2m in Q1 FY23/24
This was boosted by the effect of the merger and its Singapore performance.
CICT net income up 10.1% YoY to $552.3m in H1
This is supported by its acquisitions and property enhancements.