Archive for May, 2016

Daily Market Summary 31 May 2016

US Market closed for holiday.

Gold -0.22% to 1214

Oil +0.53% to 49.59

Japan Nikkei -0.2% in early moves. MW

Hiap Tong FY16 earnings lifted to $2.3m. SGX

KSH Holdings posts 48% rise in FY16 earnings. SGX

Loyz Energy issues $5.1m of new shares and will record profit on redemption of bonds. SGX

Old Chang Kee FY16 earnings down 6%. SGX

Soilbuild Construction to raise $8.1m in preferential offering. SGX

Swing Media posts 4.1% earnings growth in FY16. SGX

Daily Market Summary 30 May 2016

US Stocks closed slightly higher Friday, Fed signaled a rate hike may be justified over the summer. MW

DJ +44.93 pts, +0.25% to 17873

S&P +8.96, +0.43% to 2099

Nasdaq +31.74, +0.65% to 4933

Gold -0.61% to 1208

Oil +0.34% to 49.50

Japan Nikkei +0.5% in early moves. MW

A-Reit divests Ascendas Z-link in China for $160m. SGX

EuroSports FY net loss widens on lower margins, higher expenses. SGX

Lereno Bio-Chem to acquire Malaysian developer Majubina Projects in RTO deal. SGX

Mapletree Log Trust expands presence in Sydney with A$85m acquisition. SGX

Mermaid Maritime postpones delivery date of new assets. SGX

Noble CEO Yusuf Alireza has resigned. SGX

Tat Hong plunges to FY losses of $39.3m. SGX

Willas-Array sinks into the red on one-time losses; revenue up 7.4%. SGX

Xpress in China supermarket JV with Sheng Siong and Kunming LuChen. SGX

“Pick battles big enough to matter, small enough t…

“Pick battles big enough to matter, small enough to win.” – Jonathan Kozol

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