SG Morning Highlights: Stocks decline amid fears of protracted Ukraine war
Good morning moomooers! Here are things you need to know about today's Singapore:
Singapore shares declined 0.5% amid fears of protracted Ukraine war.
Singapore sets sights on opening to all vaccinated travelers.
Stocks to watch: Del Monte Pacific, SIA, StarHub.
-Moomoo News SG
Singapore shares declined 0.5% amid fears of protracted Ukraine war.
Singapore sets sights on opening to all vaccinated travelers.
Stocks to watch: Del Monte Pacific, SIA, StarHub.
-Moomoo News SG
Market Trend
Singapore shares opened 0.5% lower on Friday. Advancers / Decliners is 72 to 86, with 75.12 million securities worth S$101.05 million changing hands as of 9:16 am.
$FTSE Singapore Straits Time Index(.STI.SG$
$FTSE Singapore Straits Time Index(.STI.SG$
Breaking News
Singapore sets sights on opening to all vaccinated travelers
Singapore aims to open to all fully-vaccinated travelers sooner rather than later as the Asian country targets restoring passenger volumes to at least 50% of pre-Covid levels this year, Transport Minister S. Iswaran said.
Singapore sets sights on opening to all vaccinated travelers
Singapore aims to open to all fully-vaccinated travelers sooner rather than later as the Asian country targets restoring passenger volumes to at least 50% of pre-Covid levels this year, Transport Minister S. Iswaran said.
Vaccinated travel lanes “are really a mechanism to manage the volumes” and the next phase will be to move toward quarantine-free travel for all inoculated passengers, Iswaran said in an interview with Bloomberg Television’s Haslinda Amin. Then the “volume control will be relaxed.”
Singapore has vaccinated travel lanes with 32 countries and regions.
Singapore has vaccinated travel lanes with 32 countries and regions.
Stocks to watch
$Del Monte Pac(D03.SG$: The canned food brand on Thursday posted earnings of US$25.9 million for the third fiscal quarter ended January, down 14 per cent from US$30.2 million a year earlier. Its chief executive noted margins and profits in the quarter were impacted by significant cost headwinds. Shares of Del Monte closed at S$0.40 on Thursday, up 1.3 per cent or S$0.005, before the announcement.
$SIA(C6L.SG$: Logistics company DHL Express on Thursday said it has entered into an agreement with flag carrier SIA to deploy 5 Boeing 777 freighters. The freighters will be based at Changi Airport and serve DHL's South Asia Hub located in Singapore. Shares of SIA closed at S$5.02 on Thursday, up S$0.06 or 1.2 per cent, before the announcement.
$StarHub(CC3.SG$: The Infocomm Media Development Authority on Wednesday granted the telco regulatory approval to acquire a 50.1 per cent stake in MyRepublic's broadband unit, noting that the merger could allow StarHub and MyRepublic to compete more effectively with competitive prices or more innovative services. Shares of StarHub closed flat at S$1.25 on Thursday.
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Peter YCS : On Tuesday, the US Federal Reserve raised interest rates, and there must be fluctuations in the stock market