Markets
Manufacturing stocks lodge weakest January performance since 2016
The iEdge SG Adv Manufacturing Index recorded a 6.4% decline.
Manufacturing stocks lodge weakest January performance since 2016
The iEdge SG Adv Manufacturing Index recorded a 6.4% decline.
Niks Professional records a 2.2% revenue decline due to weak China sales
This was due to weaker sales in China.
S-REITs post negative returns in January
Total returns of S-REITs were at -4.6%.
Bright Point International Financial enters SGX's derivatives market
SGX now has 70 trading and 30 clearing members.
Daily Markets Briefing: STI down 0.5%; Top stock is DBS
DBS is the top stock with an increase of 0.010%.
SGX Group posts 1.0% YoY lower net income of $281.6m in 1H24
Its adjusted net income of $251.4m, however, translates to a 6.2% YoY increase.
4 in 5 business leaders rely on media to shape ESG strategies
For Singapore business leaders, “environment” is the top ESG priority.
18,000 companies aided by EnterpriseSG in 2023
Of these, 3,000 embarked on new transformative projects with the agency.
Non-oil domestic exports may stabilise in 2024
In 2023, NODX contracted 13%.
Singapore REITs record 6.6% total returns in 2023
There are 42 REITs and property trusts in Singapore.
5 SG-based firms are amongst first to commit to nature-related disclosures
Most will begin including nature-related disclosures in their annual report for FY2025.
SGX posts 6% YoY growth in derivatives traded volume in December
Commodities and FX trade bolstered derivatives volume growth.
Only 1 in 4 businesses confident for economic improvement in 2024: poll
Manpower cost becomes the main factor of increased business costs.
Retail sales up 2.5% in November 2023
Online sales bolstered both sectors' total sales value.
MAS grants HashKey Capital CMS license
The license will enable the company to provide regulated fund management services.
Sheng Siong Supermarket to offer counter-inflation discounts in 2024
This will help alleviate the effects of rising prices following the increase in GST.
SGX taps Ng Yao Loong as new Head of Equities
Ng will take on the role by mid-2024.
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