Domestic markets posted their biggest single-day fall in a month on Friday amid a slide in global equities and selloff in banking shares. Most global stocks dropped as investors pruned their bullish bets as rising covid-19 cases sparked concerns over corporate earnings and economic revival. The dollar strengthened
Thu, Jan 21, 2021 – 9:33 PM THE manager of Frasers Centrepoint Trust (FCT) said on Thursday that its performance for the final three months of 2020 remained resilient, with retail portfolio occupancy stable at 96.4 per cent. In an exchange filing, it said total tenants’ sales remained stable near
Thu, Jan 21, 2021 – 9:51 AM SINGAPORE shares opened in positive territory on Thursday, following a strong lead from Wall Street overnight, as Joe Biden was inaugurated as the 46th president of the United States. The Straits Times Index (STI) gained 4.75 points or 0.2 per cent to 3,003.52.
Tue, Jan 19, 2021 – 10:47 PM FRASERS Hospitality Trust (FHT) is banking on its properties in countries with a predominant domestic travel market to recover faster than the others. This includes properties in Australia, Japan and the United Kingdom, said FHT, a stapled group comprising Frasers Hospitality Real Estate
Tue, Jan 19, 2021 – 9:35 AM SINGAPORE stocks opened higher on Tuesday amid subdued trading globally, with US markets closed for Martin Luther King Day. Singapore’s Straits Times Index (STI) headed up 0.4 per cent or 11.04 points to 3,001.44 as at 9.05am. Gainers outnumbered losers 130 to 43,
Sat, Jan 16, 2021 – 5:50 AM Singapore OFFSHORE support vessel company Vallianz Holdings took more than a week to disclose the sale of its subsidiary as it was corresponding with its listing sponsor. That was the explanation the Catalist-listed company gave on Friday, after the Singapore Exchange (SGX) raised
Fri, Jan 15, 2021 – 5:50 PM SINGAPORE shares ended the week in positive territory, marking its third straight session of gains. The benchmark Straits Times Index (STI) rose 0.16 per cent or 4.87 points to close at 3,004.87 points on Friday. Across the broader market, gainers outnumbered losers 289
Benchmark indices posted their biggest drop in nearly a month, amid a decline in global markets, after US President-elect Joe Biden’s $1.9-trillion Covid-19 relief plan sparked concerns over an increase in corporate taxes. The dollar rose, while oil prices came off their 10-month highs as investors