Markets & Investing
Daily Markets Briefing: STI increases by 0.19%; Hongkong Land is top stock
Hongkong Land was the most active stock as it increased by 1.79%.
Daily Markets Briefing: STI increases by 0.19%; Hongkong Land is top stock
Hongkong Land was the most active stock as it increased by 1.79%.
What are Singaporeans’ preferred markets for commercial real estate investment?
Investors from SG deployed a total of US$15.8b into global real estate in 2022.
SG’s commercial real estate sales jump 40% YoY to US$3.7b in Q1
The Lion City is amongst the only two major markets to post an increase in investment volume.
Singapore shines as third-largest growth in gold reserves in the past decade
The Lion City’s gold reserves grew by 20.68% from 127.4 to 153.74 tonnes.
Prime US REIT’s NPI drops 7.2% YoY to US$23.6m in Q1
Given the drop, the REIT also posted a lower distributable income of US$14.9m.
CLI sees improved revenue in Q1
Its real estate investment business saw an 11% YoY increase.
MUST’s portfolio occupancy falls to 86.1% in Q1
The REIT attributed the decline to Carter’s downsizing at Phipps.
What are 3 key motivators for SG firms to expand overseas?
A UOB report showed that 50% of SG-based companies are interested in overseas expansion.
SG retains lead in Asian outbound real estate investment
The Lion City’s investment reached US$28.284b.
Broker reveals best drivers of top ESG picks
Keppel Corporation and Sembcorp Industries were highlighted firms.
Global consumer non-cyclical stocks are strongest performing so far: SGX
These stocks were led by Genting Singapore and Golden Agri.
Large caps dominated stock index in April: UOB Kay Hian
The alpha picks portfolio improved in the stock index last month.
Daily Markets Briefing: STI down 0.73%; DBS is most active stock
DBS is the most active stock.
Daily Markets Briefing: STI up 0.35%; DBS is most active stock
Singtel is the most active stock.
SGX RegCo expects requisitionists to follow Companies Act Section 176,177
Requisitionists could utilise either one to convene a Requisitioned Meeting.
Elite Commercial REIT’s distributable income drops 26.1% YoY to $7.5m in 1Q23
The REIT attributed the decline to increased borrowing costs amongst others.
Suntec REIT’s distributable income drops 26.8% YoY to $50.3m in 1Q23
Given the drop, it recorded a 27.4% YoY lower DPU to unitholders.