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[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Nov 18):
Singapore Airlines : The group on Monday reported a 5.3 per cent increase in passenger traffic for October across Singapore Airlines and Scoot, outpacing a 3.7 per cent increase in passenger capacity. Revenue passenger kilometre, which measures the demand for an airline’s service, came in at 13.6 billion for the month. Shares of SIA Group fell 0.5 per cent or S$0.03 to S$6.49 on Monday, before the news.
SGX : The Singapore Exchange will introduce Bitcoin and Ethereum perpetual futures on Nov 24 to meet rising institutional crypto demand, bridging traditional finance and crypto-native ecosystems. These contracts will offer institutional, accredited and expert investors a continuous, no-expiry structure coupled with robust clearing and margining standards of listed derivatives, it said on Monday. The contracts will be benchmarked to iEdge CoinDesk Crypto Indices, which cover real-time benchmarks and reference rates for Bitcoin and Ethereum. The SGX counter fell 0.1 per cent to close S$0.02 lower at S$16.91 on Monday.
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