BT EXCLUSIVE

INVESTORS are piling into Singapore stocks exposed to the chipmaking segment, betting that the global semiconductor market has turned the corner.

AEM Holdings, which provides advanced chip testing solutions, posted a 65.4 per cent spike in net profit to S$15.7 million for the second quarter ended June 30, from S$9.5 million a year ago.

SINGAPORE stocks resumed trading on Monday afternoon in negative territory, with the Straits Times Index down 0.35 per cent or 11.11 points to 3,158.78, on the day as at 1pm.