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Daily Debrief: What Happened Today

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Developers in Singapore sold 1,555 private homes in April 2017, 12.6 per cent lower than the 1,780 private homes sold in March, but it was more than double the 750 units sold in April 2016.

New private home sales in Singapore down 12.6% in April: URA

Developers in Singapore sold 1,555 private homes in April 2017, 12.6 per cent lower than the 1,780 private homes sold in March, but it was more than double the 750 units sold in April 2016.


Hot stock: Noble shares drop 12%, extending last week's fall

Shares in Noble Group fell 12 per cent in early trade on Monday, extending last week's slide on growing market concern over the outlook for the embattled commodities trader.

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S'pore consortium given masterbuilder rights to India's Amaravati City start-up area

A Singapore consortium was on Monday given the master development rights to the Amaravati City Start-up Area in India's southern Andhra Pradesh state.


SunMoon receives in-principle nod to list placement shares, warrants

Sunmoon Food Co has received in-principle approval from the Singapore Exchange (SGX) to list the shares and warrants required for a S$23 million placement to China online shopping group Shanghai Yiguo E-Commerce Co.


Box trade, bunker sales on a roll at the Singapore port

The Port of Singapore posted increases in its container throughput and ship-fuel sales for the fourth straight month in April.


Hot stock: SingPost slides 4.3% after TradeGlobal writedown

Shares of Singapore Post fell 4.3 per cent, or 6 Singapore cents, to S$1.33 on Monday as analysts downgraded the mail carrier following disappointing results and a major impairment.


Corporate Earnings


The STI Today

Singapore stocks finish mixed; STI gains but broad market weakens

Traders have become accustomed to the banks driving the Straits Times Index (STI). So it probably came as a surprise that on Monday, the role of prime index mover was assumed by Genting Singapore, with its S$0.07 or 6.5 per cent jump to S$1.15 on volume of 71.7 million accounting for slightly more than half the STI's gain of 8.92 points at 3,264.21.

 

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