Archive for June, 2016

Daily Market Summary 30 Jun 2016

US stocks book 2-day gain as surge in oil, bank stocks trump Brexit fear. MW
DJ +284.96 pts, +1.64% to 17694

S&P +34.68 pts, +1.70% to 2070

Nasdaq +87.38 pts, +1.86% to 4779

Gold -0.64% to 1318

Oil -0.74% to 49.50

Japan Nikkei +1.2% in early moves. MW

Civmec secures $50.1m contracts in Aussie infrastructure projects. SGX

Manhattan Resources completes acquisition of majority stake in Indonesian power supplier for US$36m. SGX

Neo Group says Halal certification for DeliHub renewed. SGX

Second Chance posts 29% fall in 9M earnings; proposes issue of bonus warrants. SGX

Vibrant sees 67% fall in FY16 earnings to $10m; appoints new chairman. SGX

Financial strength of some insurers here could be sapped in short term. ~ BT

Deutsche Bank, Santander fail US Fed stress test. ~ BT

DJIA has recovered more than 50% of what it lost i…

DJIA has recovered more than 50% of what it lost in first 2 days and recover within the next 2.


Daily Market Summary 28 Jun 2016

US stocks close sharply lower for second day after Brexit vote. MW

DJ -260.51 pts, -1.5% to 17140

S&P -36.87 pts, -1.81% to 2000

Nasdaq -113.54 pts, -2.41% to 4594

Gold +0.29% to 1328

Oil +0.84% to 46.72

Japan Nikkei -1.5% in early moves. MW

Advance SCT collaborates with consulting firm to turn company around. SGX

GLP signs leases for $2.3m sf of space in Japan. SGX

Keppel subsidiary sells 95% stake in China country club for $10.8m. SGX

Lereno Bio-Chem terminate LOI and acquisition of Kenyalang property. SGX

QT Vascular gets FDA approval for Chocolate XD PTCA product. SGX

Ryobi Kiso wins new contracts worth $56.7m. SGX

Stamford Tyres posts 52% earnings growth in FY16. SGX

Vard terminates shipbuilding contract with REM offshore. SGX

Yangzijiang to invest RMB1b in new Jiangsu investment holding company. SGX

Ziwo to acquire a 60% stake in Longrunn International Incheon; to diversify into property development. SGX

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