Markets & Investing
Daily Markets Briefing: STI up 0.39%; Genting Singapore is top stock
Genting Singapore grew by 4.52%.
Daily Markets Briefing: STI up 0.39%; Genting Singapore is top stock
Genting Singapore grew by 4.52%.
UMS Holdings' Q1 profit plummets 44% YoY due to semiconductor sales slump
The company remains positive as the semiconductor sales decline has moderated.
Marco Polo Marine's adjusted net profit jumps 30% YoY in H1 2024
Its revenue grew 10%, thanks to its ship chartering operations.
Keong Hong Holdings losses widen to $9.5m in 1H24
Besides wider losses, the company reported a 40.9% YoY revenue drop.
Jumbo Group net profit up 11.9% YoY to $8.89m in 1H24
Its Singapore operations helped boost profit for the period.
Keppel unit divests shares in Dyna-Mac for $100m
The subsidiary had 23.91% shares in Dyna-Mac.
United Hampshire NPI suffers 1.3% YoY drop in 1Q24
The REIT linked the decline to the loss of contributions from Big Pine Center.
Kimly's sees net profit dip of 6.1% YoY in H1 2024
This was despite a 1.9% increase in revenue.
Singapore property tax hike dents FHT's 1H24 bottom line
In 1H24, the REIT reported a 1.3% YoY lower NPI.
Prime US REIT's net property income dips 11.7% YoY to US$20.8m
The REIT faced lower occupancy and higher finance expenses.
Mirxes reports $95.4m net loss ahead of IPO
Costs of R&D and administrative activities widened last year’s losses.
Singapore rises to 4th amongst world's wealthiest cities
It is home to 244,800 resident millionaires.
IMAS boosts green investments through sustainable finance courses
The programmes are available via the iLearn platform.
AIMS APAC REIT 1Q24 DPU falls despite income rise
DPU for the period declined by 5.9%.
Manulife US REIT’s occupancy drops to 78.7% in 1Q24
The REIT attributed the drop to TCW's lease expiry.
Keong Hong Holdings warns of impending losses
Higher construction costs impacted the company's bottom line.
Fixed income, equities funds remain top investment choice among Singapore investors: survey
Many also consider ETFs and crypto for future investments.
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