Markets & Investing
Investors increase exposure to Tesla, Pfizer as IMX rises in February
They were net sellers of Netflix as the firm faces price cuts in some markets.
Chart of the Day: Residential properties take lion's share of investments in Q422
Residential investment sales volume clocked in at $1.26b.
Yangzijiang Financial dives into Asia private credit assets
The company partnered with Tahan Capital Management for its new business.
COTD: SG takes lion's share of equity funding in SEA
In 2022, Singapore’s deal value hit $10.99b.
Can Singapore’s private capital market sail through rough global waters?
In 2022, venture capital funding in the city-state fell further to US$10.99b.
Gov't revamps GIP to benefit local start-ups
The changes will support Singapore’s start-up and financial ecosystem.
‘Stand-off’ between VCs and entrepreneurs pushes funding volumes down
In the fourth quarter of 2022, VC investment dropped to $22.6b.
Oil and gas and utilities only sectors that closed positive in stock market
Amongst top performers are Keppel Corporation and Genting Singapore.
Jardine C&C’s net profit rises 12% YoY to US$740m in FY22
Given the increase, the board proposed a 39% YoY higher dividend per share.
UOL net profit surges 60% YoY to $491.9m in 2022
Its revenue also increased by 28% to $3.2b.
Olam Group PATMI down 8.3% YoY to $629.1m in 2022
Its PATMI for H2 FY2022 declines by 24.5% YoY to $200m.
Daily Markets Briefing: STI climbs by 0.53%; Keppel is most active stock
Keppel was the top stock with a 2.41% increase.
Broker: Sembcorp Industries has ‘buy’ rating over manageable debt levels
Sembcorp Industries will also see a growth of mergers and acquisitions activity in 2023.
Daily Markets Briefing: STI declines 1.06%; SATS is most active stock
SATS was the top stock with a 2.94% increase.
CapitaLand Investment launches opportunistic partners programme in China
A total of $1.1b equity has been committed to the programme.
2Y SGS bond ‘attractive enough’ to draw demand: UOB
The June 25 bond was first issued in 2015 but was retapped.