SG Morning Highlights: Singapore exports up by 12.4% in May on year-ago low base
Good morning mooers! Here are things you need to know about today's Singapore:
●Singapore shares opened lower on Friday; STI down 0.55%
●Singapore exports up by 12.4% in May on year-ago low base
●Stocks & REITs to watch: AEM, CFM, QT Vascular
●Latest share buy back transactions
-moomoo News SG
Market Trend
Singapore shares opened lower on Friday. The $富時新加坡海峽指數(.STI.SG)$ decreased 0.55 per cent to 3080.34 as at 9:01 am.
Advancers / Decliners is 25 to 104, with 70.37 million securities worth S$75.90 million changing hands.
●Singapore shares opened lower on Friday; STI down 0.55%
●Singapore exports up by 12.4% in May on year-ago low base
●Stocks & REITs to watch: AEM, CFM, QT Vascular
●Latest share buy back transactions
-moomoo News SG
Market Trend
Singapore shares opened lower on Friday. The $富時新加坡海峽指數(.STI.SG)$ decreased 0.55 per cent to 3080.34 as at 9:01 am.
Advancers / Decliners is 25 to 104, with 70.37 million securities worth S$75.90 million changing hands.
Breaking News
Singapore exports up by 12.4% in May on year-ago low base
Singapore's key non-oil domestic exports (NODX) jumped in May, on a year-ago low base, trade agency Enterprise Singapore (ESG) reported on Friday (Jun 17).
NODX growth surged to 12.4 per cent year on year, from 6.4 per cent in the month before – higher than the median estimate of 7.5 per cent in a Bloomberg poll.
Shipments in the linchpin electronics industry were up by 12.9 per cent in May, against 12.8 per cent in April. Non-electronics NODX expanded by 12.2 per cent, up from 4.6 per cent before.
Stocks & REITs to Watch
$AEM SGD(AWX.SG$ : Mainboard-listed AEM holdings, the provider of semiconductor and electronics testing solutions, announced Thursday (Jun 16) that it is expanding its operations in Singapore, Malaysia and the US.
Stocks & REITs to Watch
$AEM SGD(AWX.SG$ : Mainboard-listed AEM holdings, the provider of semiconductor and electronics testing solutions, announced Thursday (Jun 16) that it is expanding its operations in Singapore, Malaysia and the US.
The company said the expansion will double its manufacturing space in the 3 countries and create over 300 additional jobs.
$CFM(5EB.SG$ : A subsidiary of metal stamping firm CFM Holdings on Thursday (Jun 16) said it is selling a property in Ang Mo Kio for S$13.35 million, a price that is nearly 73 per cent over the property's book value as at end-December.
The property at 4 Ang Mo Kio Avenue 12 is currently owned by Cheong Fatt Holdings as part of its warehousing and logistics operations, according to exchange filings.
$QT Vascular(5I0.SG$ : Eastern Dental Centre, a 60 per cent-owned subsidiary of medtech company QT Vascular, has entered into conditional sale and purchase agreements (SPAs) to acquire the businesses of 3 Eastern Dental Surgery clinics for a total of S$1.3 million.
$QT Vascular(5I0.SG$ : Eastern Dental Centre, a 60 per cent-owned subsidiary of medtech company QT Vascular, has entered into conditional sale and purchase agreements (SPAs) to acquire the businesses of 3 Eastern Dental Surgery clinics for a total of S$1.3 million.
The three clinics are namely the branches at Jurong West, Bukit Batok and Jurong East, and collectively make up the Eastern Dental Surgery Group, the company said in a regulatory filing on Thursday (Mar 17) evening.
In terms of the breakdown of cost, the Jurong West branch cost S$472,500; the Bukit Batok branch was S$451,500, and the Jurong East branch's price was S$332,500.
Latest Share Buy Back Transactions
Latest Share Buy Back Transactions
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