August market capitalisation dips 0.6%
Weak reporting season and geopolitics weigh on local investor sentiment
Singapore
TRADING in the month of August ended on Friday with a clear verdict from a common gauge of the worth of the local stock market - the market capitalisation of all 765 companies (just one less from a month ago) on the bourse as at end-August was worth less than in July, by some S$6 billion, to be precise.
Blame that largely on the big falls in the agriculture, multi-industry, properties and transport, stor…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
BHP targets Anglo American in bid valuing miner at US$39 billion
FTSE 100 hits record high on big mining M&A, earnings push
Hermes Q1 sales jump 17% on strong China demand
AstraZeneca leaps after smashing Q1 forecasts
LSEG reports in-line first quarter as Microsoft partnership progresses
Japan brokerage Daiwa’s Q4 profit more than doubles as markets recover