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Singapore Wrap Thursday

Today's notable stories

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Singapore's inflation rate remained in negative territory in June, although it inched up to -0.3 per cent from -0.4 per cent in May.

Singapore inflation edges up to -0.3 per cent in June

Singapore's inflation rate remained in negative territory in June, although it inched up to -0.3 per cent from -0.4 per cent in May.


Industrial prices, rentals soften amid larger supply in Q2: JTC

Industrial prices in Singapore fell 0.7 per cent in the second quarter of 2015 compared to the preceding quarter. Year on year, they were down 0.9 per cent.

sentifi.com

Market voices on:


CPI for S'pore households drop 0.4% in H1

The consumer price index (CPI) for Singapore households decreased 0.4 per cent in the first half of this year, contrasting with the 0.5 per cent rise experienced in the preceding six months, according to a report from the Department of Statistics.


Visitor levels down in Singapore, but analysts say may look up in H2

Singapore was ranked as Lonely Planet's top 2015 destination. Yet, it has failed to draw more tourists so far this year.


Former unionist Phey Yew Kok faces 28 more charges

Former member of parliament and ex-fugitive Phey Yew Kok now faces 28 additional charges, bringing the total number of charges against him to 34.


Corporate Earnings


The STI Today

Singapore shares close weaker as penny momentum slows

Penny stock punting continued on Thursday, albeit in much more subdued fashion, most probably since the bulk of retail players have not been participating.

 

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