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Daily Market Summary 23 Aug 2017

US stocks closed higher Tue, as a surge in appetite for technology shares and health-care stocks underlined a measure of bullishness returning to markets after a rough patch. MW

DJ +0.90% to 21,899

Nasdaq +1.36% to 6,297

S&P +0.99% to 2,452

Gold -0.07% to 1290

Oil -0.42% to 47.63

Japan Nikkei +0.66% in early moves. MW

Lum Chang posts 37% fall in FY17 earnings to $18.7 mil; exercises option to purchase One Tree Hill Gardens. SGX

Civmec sees FY17 earnings halve to $8.4 mil on lower revenue. SGX

Nordic Group posts 22% increase in 2Q earnings to $3.7 mil. SGX

Oxley scoops up more UE shares, raises stake to 11.57%. SGX

Global Invacom:Groundbreaking New Video Streaming Technology Launched. SGX

Global Logistic Properties acquires Hallmark International for $166 mil. SGX

ComfortDelGro and Uber in exclusive talks over possible alliance. SGX

OCBC and Bank of Ningbo signs 10-year strategic cooperation deal. SGX

CapitaLand to manage Alibaba’s Shanghai headquarters and launch online mall on Lazada Singapore. SGX

Daily Market Summary 17 Aug 2017

US stocks closed moderately higher on Wed to reclaim 22,000-mark on Fed minutes. MW

DJ +0.12% to 22,024

Nasdaq +0.19% to 6,345

S&P +0.14% to 2,468

Gold +0.46% to 1288

Oil +0.13% to 46.84

Japan Nikkei -0.03% in early moves. MW

Ascott Residence Trust completes acquisition of Doubletree by Hilton New York – Times Square South. SGX

Sarine announces partnership with South Korean jeweller Golden Dew. SGX

Loyz Energy returns to profitability in FY17 on one-off gain. SGX

Hatten Land FY17 earnings more than double despite RTO expenses; declares maiden dividend. SGX

Keppel Land China fully divests Waterfront Residences in Nantong for $75 mil gain. SGX

Gregory N Longstreet appointed new CEO of Del Monte Foods. SGX

Creative Tech awarded $36 mil in legal proceedings against Huawei. SGX

United Global posts 33.7% increase in 1H earnings to US$3.6 mil. SGX

Frame Pictures, the wholly-owned subsidiary of Spackman, contracted to supply equipment for filming of ‘Deceptive Murder’. SGX

Daily Market Summary 13 Jul 17

U.S. stocks closed higher on Wednesday with DJ ends at record, stock market gains after dovish Yellen. MW

DJ +0.57% to 21532

S&P +0.73% to 2443

Nasdaq +1.10% to 6261

Gold -0.08% to 1218

Oil -0.42% to 45.30

Japan Nikkei +0.3% in early moves. MW

Capitaland-led JV in $1.8b redevelopment of golden shoe car park. SGX

Duty Free Q1 earnings fall 24.1% to $4.8m on lower revenue. SGX

ESR-Reit declares 11.3% lower Q2 DPU of 0.956c. SGX

Jumbo expands China footprint with first outlet in Beijing. SGX

Oxley to buy Pasir Panjang property for $121m. SGX

SPH Reit Q3 DPU up marginally to 1.37c. SGX

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