Capital Markets & Currencies
Singapore stocks close higher amid cautious Middle East outlook; STI up 0.4%
Keppel leads the gainers on the blue-chip index
European shares hit over two-week highs on signs of progress in US-Iran talks
EUROPEAN shares rose to a more than two-week high on Friday, lifted by technology stocks with investors optimistic about signs of progress in US-Iran peace talks despite both sides remaining at odds o...
How China uses a ‘national team’ to influence trading
Beijing sees a stable, steadily rising stock market as essential to the country’s economic transition
Keppel shares close 4.7% higher after M1-Simba deal falls through
Analysts are mixed on the counter after the news
GIC-backed co-working firm JustCo ends 17.6% below IPO price in lacklustre mainboard debut
It closes S$0.165 lower than S$0.94 offer price, with 10.9 million shares traded
Stocks to watch: Keppel, Nio, SIA Engineering Company, Sri Trang Gloves, Aims Apac Reit
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (May 22):
Wall Street indexes end slightly higher as investors focus on Middle East peace hopes
The S&P 500 posted 11 new 52-week highs and four new lows
European equities end flat as investors await Middle East peace updates
Despite a recovery from lows hit during the conflict, European equities have struggled to bounce back to pre-war levels
Singtel H2 net profit down 20.9% at S$2.2 billion; telco open to Aussie minority partner in Optus
Underlying earnings are up 10.6% at S$1.4 billion; record annual dividend of S$0.185 a share proposed
Australian shares jump as weak jobs data tempers RBA rate-hike bets
AUSTRALIAN equities closed higher on Thursday after weak employment data prompted investors to trim bets on a near-term rate hike, while optimism over a potential US-Iran peace deal added support.
