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Daily Debrief: What Happened Today

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SRX Property estimated that 1,162 private apartments and condo units were likely to have been resold last month.

Private apartment, condo resale prices inch up 0.1% m-o-m in Sept: SRX Property
RESALE prices of private apartments and condos in Singapore inched up 0.1 per cent month on month in September 2017, based on SRX Property's latest flash estimate. 

SGX loosens some rules on remisiers to encourage new entrants
SGX is proposing to remove a requirement that trading representatives (TRs) who work outside the office have to inform customers and SGX, and get customers' permission.



Brokers' take: Analysts keep 'buy' on CDL's plans for potential M&C bid
ANALYSTS are giving an early thumbs-up for City Developments' (CDL) potential privatisation of its London-listed hospitality arm.

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StanChart says it reviewed transfer of funds, 'proactively' notified authorities
STANDARD Chartered Bank (StanChart) conducted a full account review of trust structures at the centre of a transfer of US$1.4 billion of funds and proactively made a report to the relevant authorities, the lender said on Tuesday.

Diamond bullion to be listed in Singapore
DESIGNED to bolster investment in diamonds as an asset class, the Singapore Diamond Mint Company (SDM) on Tuesday announced the launch of Diamond Bullion. This bullion will be exclusively listed on the Singapore Diamond Investment Exchange (SDiX), the world's first and only electronic exchange for trading investment-grade diamonds.

Aon developing Singapore innovation centre; to raise headcount by 40%
THE Aon Centre for Innovation and Analytics (ACIA) plans to increase its headcount by 40 per cent over the next five years, as it develops its premises in Singapore's business district.

Koh Bros Eco Engineering receives regulatory approval for proposed rights cum warrants issue
THE Singapore Exchange has granted its approval for Catalist-listed Koh Bros Eco Engineering to list shares and warrants for the company's proposed rights cum warrants issue.

The STI Today

Singapore stocks finish mixed in low volume
A largely nondescript Tuesday ended with stocks mixed. An early bout of selling of the banks brought on by an overnight dip on Wall Street depressed the Straits Times Index to an intraday low of 3,278, though a positive session for the Dow futures was possibly the motivation for afternoon short-covering that lifted the index to 3,288.95 at the close, thus trimming its loss to just 2.61 points for the day.


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