Markets

Daily Markets Briefing: STI down 0.5%; Top stock is DBS

DBS is the top stock with an increase of 0.010%.

SGX Group posts 1.0% YoY lower net income of $281.6m in 1H24

Its adjusted net income of $251.4m, however, translates to a 6.2% YoY increase.

4 in 5 business leaders rely on media to shape ESG strategies

For Singapore business leaders, “environment” is the top ESG priority.

18,000 companies aided by EnterpriseSG in 2023

Of these, 3,000 embarked on new transformative projects with the agency.

Singapore REITs record 6.6% total returns in 2023

There are 42 REITs and property trusts in Singapore.

5 SG-based firms are amongst first to commit to nature-related disclosures

Most will begin including nature-related disclosures in their annual report for FY2025.

SGX posts 6% YoY growth in derivatives traded volume in December 

Commodities and FX trade bolstered derivatives volume growth.

Only 1 in 4 businesses confident for economic improvement in 2024: poll

Manpower cost becomes the main factor of increased business costs.

Retail sales up 2.5% in November 2023

Online sales bolstered both sectors' total sales value.

MAS grants HashKey Capital CMS license

The license will enable the company to provide regulated fund management services.

Sheng Siong Supermarket to offer counter-inflation discounts in 2024

This will help alleviate the effects of rising prices following the increase in GST.

SGX taps Ng Yao Loong as new Head of Equities

Ng will take on the role by mid-2024.

SGX Group sets record commodity derivatives in November

Commodity derivatives volume jumped 48% YoY to 5.4 million contracts.

SSE-SGX ETF link lists first pair of ETF

The pair of ETFs has a combined AUM of $56m.