Thursday 20 April 2017

SINGAPORE STOCK MARKET OPENED LOWER TODAY


Singapore stocks and shares fell slightly on a muted Thursday morning as Asian markets opened mixed.

The benchmark Straits Times Index fell 5.69 points, or 0.18 percent, to 3,120.59 as at 9.02am.
Some 65.2 million shares worth S$67.9 million changed hands, with losers beating gainers 81 to 58.

Top gainers included Haw Par Corporation and lifestyle furnishing company Nobel Design.

Top losers included real estate developer City Developments and Keppel Corporation.

Equities in Japan rose on strong export figures; Australian equities also climbed and South Korean shares were flat, Bloomberg reported.

This comes as oil prices, after slumping, gained some ground in early trading on Thursday.

THE following companies may affect their share prices on Thursday:
Frasers Centrepoint: Its Australian arm, Frasers Property Australia, together with a joint venture partner in a Sydney Central Park development, has entered into option agreements with an impact investment fund on the sale of a hotel and commercial space in a Central Park precinct.

Global Yellow Pages: Singapore's Court of Appeal sees two grounds for the publisher behind the Yellow Pages directories to file an appeal against an earlier High Court judgement that there was no copyright infringement on its works by its rival.

Ziwo Holdings: An associate company of the China-based investment holding company and two partners will invest 10 million yuan (S$2 million) in a joint venture to build electric-vehicle chargers for sale in Sichuan and other provinces in southern China. This comes just a month after another similar partnership, and is a bid by Ziwo to "revive its fortunes".




No comments:

Post a Comment