Commodity markets regulator Sebi Thursday said mutual funds and portfolio management services (PMS) will be allowed into commodity derivatives soon. “We will soon allow portfolio management services and mutual funds in commodity derivatives. This is going to open the gateway for several other products like ETFsRead More →
Fri, Mar 01, 2019 – 8:37 AM OIL producer First Resources said net profit fell 49.2 per cent to US$17.3 million for the fourth quarter ended Dec 31, 2018, from US$34.2 million a year ago. This was mainly from the effects of weaker palm oil prices and a net inventoryRead More →
Singapore A NEW multi-million-dollar grant for Singapore’s equity market is not a subsidy scheme for the Singapore Exchange (SGX), Education Minister Ong Ye Kung has said, as the Grant for Equity Market Singapore (Gems) is meant to support high-growth sectors and small- and mid-cap firmsRead More →
Global stocks fell for a third straight day on Thursday as investor optimism about US-China trade talks receded, while an early end to the US-North Korean summit in Vietnam and weak Chinese economic data also weighed on sentiment. The Japanese yen and the Swiss franc, bothRead More →
Singapore STRAITS Trading’s net profit for the fourth quarter ended Dec 31, 2018 more than doubled to S$14.1 million, translating to an earnings per share of 3.5 Singapore cents, up from a restated 1.3 Singapore cents a year ago. Revenue dipped 1.7 per cent to S$104.7 million dueRead More →
Tue, Jan 15, 2019 – 5:32 PM SINGAPORE stocks closed higher on Monday, with the Straits Times Index up 1.22 per cent or 38.84 points to 3,212.30. About 1.6 billion securities worth S$1.17 billion changed hands, which worked out to an average unit price of S$0.73. Gainers outnumbered losers 252Read More →
MARKET STRATEGY: BNP Paribas Key changes to our lists as outperformers drop out: Less IT, more financials and discretionary now Our major changes are therefore to our large cap value screens, in which the outperformers are replaced by underperforming financials and autos namesRead More →
Mon, Feb 19, 2018 – 9:14 AM SINGAPORE stocks opened higher on Monday, with the Straits Times Index advancing 0.4 per cent, or 15.08 points to 3,458.59 as at 9.02am. About 64.3 million shares worth S$99.7 million in changed hands. Gainers outnumbered losers 123 to 40. The most actively tradedRead More →
Mon, Feb 19, 2018 – 2:56 PM [TOKYO] Tokyo’s benchmark index surged nearly 2 per cent on Monday, buoyed by investor relief over a weaker yen and continued gains on Wall Street last week. The bellwether Nikkei 225 index rose 1.97 per cent or 428.96 points to close at 22,149.21,Read More →
Shares of public sector banks were continue under pressure with the 11 out of 22 listed state-owned bank hit their respective 52-week lows on the BSE as financials succumbed to selling pressure on worries of the Rs 114 billion fraud case at Punjab National Bank (PNB). Including PNB,Read More →