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Daily Debrief: What Happened Today
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THE withdrawal is due to uncertainty in the current IPO market, despite “strong investor support” from a number of global and Australian investors, PropertyGuru’s board announced on Wednesday.
Headline or all-items inflation was at 0.5 per cent in September, unchanged from the month before while core inflation – an MAS gauge that excludes accommodation and private road transport costs – eased to 0.7 per cent, from 0.8 per cent in August.
THE International Monetary Fund (IMF) on Wednesday cut its growth projection for Singapore to 0.5 per cent in 2019, down from an earlier estimate of 2 per cent in July, due to strong export headwinds and the downturn in electronics.
COE for cars up to 1,600cc and 130bhp finished at $32,309, down from $34,001 previously while COE for cars above 1,600cc or 130bhp closed at $41,805, a touch higher than the previous $41,361.
THE Chinese conglomerate’s cloud computing arm, Tencent Cloud, will provide cloud solutions, technical support, expertise as well as online and offline training to NUS-affiliated companies incorporated in Singapore.
- CapitaLand Commercial Trust Q3 DPU flat at S$0.022; inks new leases for CapitaSpring
- Suntec Reit Q3 DPU drops 5.1% to 2.365 S cents on enlarged unit base
- Frasers Centrepoint Trust posts 1.8% rise in Q4 DPU to 2.913 S cents
The STI today
THE Straits Times Index (STI) was not able to build on its positive start to the week, instead closing at 3,144.28, a drop of 16.39 points or 0.5 per cent.