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Daily Debrief: What Happened Today

Stories you might have missed

Prices of completed private apartments and condos fell 0.8 per cent in May over April 2016.

Prices of completed private apartments, condos fall 0.8% in May

This contrasts with a 0.2 per cent month-on-month (m-o-m) increase in the index in April, based on the revised index value for that month.

Brexit has indirectly benefited Top Glove, says chairman

Malaysia-listed Top Glove, which controls 25 per cent of the global demand for rubber gloves, made its debut on Singapore Exchange (SGX) at S$1.62 per share via a secondary listing.

Hot stock: Noble tumbles as shares trade ex-rights

At 9.30am, Noble was trading at around S$0.162 a share, down S$0.053, or 24.651 per cent. The counter eventually closed at S$0.18 a share, down 16.3 per cent. Some 226.5 million shares changed hands.

GuocoLand places top bid for plum Martin Place private housing site at URA tender

The highest bid, from GuocoLand unit First Bedok Land, was for S$595.1 million or S$1,239 per square foot per plot ratio (psf ppr).

United Global to place 42.8m new shares at S$0.25 each in Singapore IPO

United Global, a Singapore-based lubricant maker, has offered 42.8 million new shares at S$0.25 each for placement in its initial public offering (IPO).

Investors flock to gold miners, Reits, telcos amid Brexit-led volatility

In the aftermath of Brexit that has rattled global markets, investors in the local bourse have flocked to gold mining stocks, telcos and real estate investment trusts (Reits).

The STI Today

Singapore shares close higher as Dow futures rebound 190 points

After dropping 64 points in two days of post-Brexit selling, the Straits Times Index (STI) on Tuesday rebounded 26.68 points to 2,756.53. Short-covering and possible early window-dressing of key blue chips were likely contributors to the upward push, the latter coming two days before the end of the first half.