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Oil, GDP outlook give STI modest boost

DBS and OCBC lift the blue-chip index; Noble bounces back from five straight declines

Published Thu, May 25, 2017 · 09:50 PM

A MEETING of oil-producing countries and a modestly positive economic outlook for Singapore danced on the minds of investors on Thursday as financials led the Straits Times Index (STI) to a modest gain of 0.1 per cent or 3.13 points to 3,234.37.

Gainers outnumbered losers 276 to 183, or three up for every two down.

A total of two billion shares…

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Companies & Markets

Companies & Markets

Oil, GDP outlook give STI modest boost

Companies & Markets

Aztech Global Q1 net profit up 18.7% to S$16 million on foreign exchange gains, write-backs

UPS profit beats estimates as cost cuts offset weak delivery demand

PepsiCo beats quarterly revenue estimates on price hikes, steady demand

General Motors beats quarterly results targets, raises forecast

Soilbuild bags contracts worth S$81 million

Spotify’s monthly user numbers miss estimates on lower promotions

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