Markets & Investing
CICT net income up 10.1% YoY to $552.3m in H1
CICT net income up 10.1% YoY to $552.3m in H1
This is supported by its acquisitions and property enhancements.
S-REITs to withstand softening property market conditions
URA data shows that vacancy rates for retail spaces in Central Area have increased to 13.2%
CLCT’s NPI down 7.4% YoY to $129.2m in H1
Its gross revenue was also down 7.4% to $184.5m.
Olam Group expects lower PATMI in H1
This is due to a lower almond crop yield and higher interest costs.
CapitaLand Malaysia Trust’s net property income soars 51.8% YoY to $16.6m in 2Q23
Contribution from Queensbay Mall lifted the REIT’s income.
Daily Markets Briefing: STI up 0.12%; ThaiBev is top stock
Thai Beverage closed with a 1.71% increase.
Daily Markets Briefing: STI down 0.3%; Seatrium is top stock
Seatrium grew by 3.52%.
Keppel Land completes liquidation of subsidiary
Mansfield & Company is a dormant subsidiary of the real estate company.
Daily Markets Briefing: STI up 0.64%; UOB is top stock
UOB increased by 3.43%.
Daily Markets Briefing: STI down 0.01%; Sembcorp Industries is top stock
Sembcorp Industries rose by 2.60%.
Daily Markets Briefing: STI up 0.18%; DFI Retail Group is top stock
Trading of DFI Retail Group was up by 3.85%.
Aspen Glove files winding up petition
This came following the termination of its asset and interest disposal proposal.
Chart of the Day: How did Singapore’s IPO market perform in 1H23?
Data from EY showed that Singapore only had 3 IPOs year-to-date.
IREIT Global raises $75.9m in preferential offering
The preferential offering was 134.7% subscribed.
SGX Group hits news record for FX volume in June
FX futures traded volume rose 12% MoM in June to 3.3 million contracts.
Which 20 Singapore stocks booked the most net retail inflow in 1H23?
Net retail inflow booked by SG stocks in 1H23 hit $1.49b.
Singapore IPO market: Why proceeds fell by 95% in 1H23
IPOs in 1H23 raised $28m.
Read Here
Advertise
Sign Up
Commentary
Where does value creation really happen?
Managing the cost of diverging standards: Why Singapore matters
Singapore’s AI ambition has an intelligence problem
Singapore is deploying AI at speed – and security risks are catching up
Precious metal boom is a stress test for Singapore’s gold ambitions
Singapore’s global dispute fault lines
‘Tokenmaxxing’ – The wrong AI race to run in Singapore
To outsmart modern fraud, we must first know the enemy
Why Singapore SMEs cannot wait for quantum cyber risk to arrive before securing data