STI dips below 3,500 as banks, Singtel pull back
YOU know it's a party when beer shares in the region are rallying hard with almost every other neighbouring market, but Singapore is still the serious, sober guy ready to drive his friends home.
Pulled down by DBS, UOB and Singtel, the benchmark Straits Times Index slipped 11.71 points, or 0.33 per cent, to close at 3,489.45. About 1.97 billion shares worth S$1.13 billion in total changed hands.
Midas Holdings, an aluminium extruder, continued to be actively traded afte…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Euro at highest to yen since 2008, markets nervy over Tokyo stepping in
Apac Realty enters the Philippines with franchise agreement
Aztech Global Q1 net profit up 18.7% to S$16 million on foreign exchange gains, write-backs
UPS profit beats estimates as cost cuts offset weak delivery demand
PepsiCo beats quarterly revenue estimates on price hikes, steady demand
General Motors beats quarterly results targets, raises forecast