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Daily Debrief: What Happened Today

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Friday, September 9, 2016 - 18:30

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The currency market has shifted to signal expectations the Monetary Authority of Singapore will refrain from easing next month, with a measure of the local dollar's potential direction sliding to a four-year low.

Singapore dollar forwards drop as traders see MAS policy on hold

The currency market has shifted to signal expectations the Monetary Authority of Singapore will refrain from easing next month, with a measure of the local dollar's potential direction sliding to a four-year low.


SIA bans use of Samsung Galaxy Note 7 during flights

On Friday, Singapore Airlines became the latest carrier to ban use of the phones during flights, following an identical move by three Australian airlines.


Hairline cracks found on 11 Sengkang-Punggol LRT trains

The cracks found on the bogie frames - for supporting the guidance system of the trains - do not compromise ability to bear weight, said the Singapore Land Transport Authority and SBS Transit in a joint news release.


Hot stock: Ezra falls amid high volumes, attracts SGX query

Shares of Ezra Holdings fell 5.2 per cent to 5.5 Singapore cents on Friday, as trading volumes of the counter surged.


SBI Offshore calls for trading halt

Oil and gas solutions provider SBI Offshore has called for a halt on the trading of its stock pending the release of an announcement.


Corporate Earnings


The STI Today

STI gains 2.5% for the week, slips into the red for the year

The Straits Times Index (STI) ended a volatile week on Friday with a 21.15 points loss at 2,873.33 that cut its gain for the five days to 70 points or 2.5 per cent.

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