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Singapore Wrap Friday
There will be 89 Members of Parliament after Singapore's next General Election (GE) is over, two more than the current batch of 87.
HDB resale prices in Singapore slipped 0.4 per cent in the second quarter compared to the first quarter, the final figures from the Housing & Development Board show.
Singapore's manufacturing sector contracted for the fifth straight month in June, with industrial output down 4.4 per cent on a year-on-year basis due to broad-based declines in all clusters save chemicals.
The Urban Redevelopment Authority's (URA) private-home price index slipped 0.9 per cent in the second quarter of this year over the previous quarter.
Prices of office space in Singapore rose 0.3 per cent quarter on quarter in the second quarter of this year, compared to a drop of 0.1 per cent in Q1.
- CapitaLand Commercial Trust's Q2 DPU up 0.5%
- Viva Industrial Trust's Q2 DPS jumps 7.3%
- First Sponsor Group posts Q2 profit of S$7.62m
The STI Today
Penny stocks led the local market this week, though without the entry of a significant number of retail players. The momentum of the first half tapered off in the second.