Markets
STI gains 7% in six weeks, logs highest close since Aug 2023
STI gains 7% in six weeks, logs highest close since Aug 2023
Net institutional inflow boosted the index.
Customer satisfaction improves in Singapore: study
More customers gave recommendations than those who complained.
DBS, UOB, and OCBC lead SG stocks with a $500m net institutional inflow
The trio averaged 15.6% total returns from 1 January to 23 May.
HDB launches $900m fixed rate notes
The notes have an annual interest of 3.46%.
OUE Limited offers $1.25 per share in buyback proposal
The company plans to buy back 84,038,036 shares.
OCBC launches $676.95m fixed rate subordinated notes
The notes will have a coupon of 5.52% annually.
Daily Markets Briefing: STI up 0.04%; Top stock is DBS
DBS is the top stock despite a 1.204% decrease.
SGX derivative volumes spike in April
It rose by 36% YoY to 24.1 million contracts.
SGX FX rolls out AI tool for enhanced FX trading decisions
The tool curates FX and digital assets price and trade data.
SGX RegCo aims to expedite shareholder-requisitioned meetings
The public can submit their feedback on the proposal until 23 May.
Soochow CSSD joins SGX as Catalist full sponsor and issue manager
SGX now has 15 Catalist Full Sponsors.
SGX FX futures hit record volumes in March
The total FX futures traded volume for March was up 20% MoM.
CLI and CDL lead SGX share buybacks in 1Q24
The buyback consideration recorded in 1Q24 was $232m.
SGX watchlist looms for 3 firms after consecutive losses
Of the three, one has recorded a 6-month average daily market capitalisation lower than $40m.
Keppel DC REIT tenant Neo Telemedia suspends trading pending release of 2023 earnings
The company said the auditing process was still ongoing, which caused the delay.
SGX RegCo places ecoWise former director on watchlist due to non-compliance
Those who intend for a proposed appointment must first seek SGX RegCo’s views and guidance.
SBF Foundation appoints Jean Tan as new CEO
Tan is a former diplomat and was most recently CEO of the Singapore International Foundation.
Commentary
Singapore’s small exporters need credit that matches their payment cycle
The hidden realities of succession for next-gen heirs
In Asia, fintech leaders must compete on credibility
F1 on a gravel road: Why AI is still stuck in first gear
Why AI blocklists give Singapore firms a false sense of security
When scale arrives before proof: Singapore’s capital allocation question in Southeast Asia
Rethinking fleet ownership in a changing business landscape
Beyond the chips: The materials behind Singapore’s AI infrastructure
How homegrown brands are redefining premium in Asia
AI in hospitality: Where should Singapore’s F&B operators draw the line?