STI returns to above 3,400; Yoma CEO ups stake
THE five trading sessions spanning Nov 17 to 23 saw the Straits Times Index (STI) gain 2.5 per cent. The move brought the STI's dividend-inclusive return for 2017 (through to Nov 23) to 22.8 per cent, compared to an average 19.1 per cent return for the benchmarks of Japan, Hong Kong and Australia.
There were 14 stocks that conducted share buybacks over the five sessions with a total consideration of S$10.1 million, down from S$17.1 million over the preceding five sessions.
OCBC Bank and Silverlake Axis led the buyback tally, accounting for more than four-fifths of the S$10.1 million.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Stablecoin Tether steps up monitoring in bid to combat illicit finance
HSBC asked by US$890 billion investor group to set energy goal
BHP’s biggest rivals sit on the sidelines of Anglo M&A drama
Abu Dhabi hub carrier Etihad adds banks to US$1 billion IPO
Barclays is the latest firm to face anti-ESG wrath in Oklahoma
Barclays prices mortgage-backed notes in deal with GoldenTree