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Daily Market Summary 13 Dec 17

December 13th, 2017 No comments

Dow, S&P 500 closed at records as Fed kicks off its two-day meeting, but Nasdaq bucked the trend to head south. MW

DJ +0.49% to 24504

S&P +0.15% to 2664

Nasdaq -0.19% to 6862

Gold +0.31% to 1245

Oil +0.54% to 57.45

Japan Nikkei -0.03% in early moves. MW

Jubilee Industries acquires Honfoong Plastics for $3.5 mil. SGX

Datapulse Technology to diversify into haircare and cosmetics manufacturing. SGX

TA Corp’s subsidiary wins $180 mil JTC contract. SGX

Vibrant’s 2Q earnings fall 60.4% to $3.6 mil. SGX

Ley Choon awarded $19.6 mil contract by PUB for replacement of water mains. SGX

Thai Beverage unit to bid for at least 25% of Vietnam’s Sabeco. SGX

Daily Market Summary 12 Dec 17

December 12th, 2017 No comments

US stocks finished higher Mon, with S&P 500, Dow close at records as tech, telecom shares rally. MW

DJ +0.23% to 24386

S&P +0.32% to 2660

Nasdaq +0.5% to 6875

Gold -0.18% to 1244

Oil -0.09% to 57.94

Japan Nikkei +0.01% in early moves. MW

Oxley acquires Potong Pasir property for $21.3 mil. SGX

TEE International wins new contracts worth $65 mil. SGX

MindChamps franchisee to launch 10 preschools, 5 reading centres in Myanmar. SGX

Sapphire unit wins 3 new rail contracts worth $57 mil. SGX

KSH, Lian Beng and Heeton acquire Geylang properties for $60 mil via jointly-owned subsidiary. SGX

Top Global to acquire additional 32.5% stake in hostel chain for $800,000. SGX

Keppel clinches $130 mil in projects from repeat customers. SGX

Clearbridge Health to list on Catalist; seeking to raise $24.6 million. SGX

SingHaiyi and Tangs take 9.9% stake in Cromwell Property for $172.4 mil. SGX

GSS energy: Request for Trading Halt. SGX

Daily Market Summary 11 Dec 17

December 11th, 2017 No comments

US stocks rose on Friday, with Dow, S&P 500 ending at records after stronger-than-expected jobs report. MW

DJ +0.49% to 24329

S&P +0.55% to 2651

Nasdaq +0.40% to 6840

Gold +0.17% to 1250

Oil -0.47% to 57.09

Japan Nikkei +0.17% in early moves. MW

Low Keng Huat reports doubling of 3Q earnings on higher sales, lower costs. SGX

Oxley announces soft opening of Mercure Singapore on Stevens. SGX

Noble to sell ethanol unit to Mercuria Investments. SGX

Thai Bev a strong contender to win bid for stake in Vietnam’s Sabeco. SGX

Fullerton Healthcare acquires 60% stake in Intellicare Group. SGX

M&C Hotels agrees to sweetened 620 pence per share offer from CityDev. SGX

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