Singapore stocks fall at Wednesday’s open after Budget scheme top-ups, tax announcements
SINGAPORE stocks fell in early trade on Wednesday (Feb 15), following Singapore’s Budget announcement the previous day.
Singapore’s Budget set aside top-ups for business, wages, and household relief schemes this year, while adjusting its corporate tax regime. It also included higher top-end taxes for properties and cars. The latest Budget focused on positioning Singapore for future economic and social growth.
$FTSE Singapore Straits Time Index(.STI.SG$ fell 0.3 per cent or 10.56 points to 3,307.64 as at 9.01 am.
$The Place Holdings Ltd(E27.SG$ was the most actively traded on Wednesday morning, with 7.9 million of its securities changing hands. The mainboard-listed counter remained unchanged at S$0.015.
$Suntec Reit(T82U.SG$ (Reit) was also briskly traded, with 2.5 million shares transacted at Wednesday’s open. The Reit’s units were down 0.7 per cent or S$0.01 at S$1.37.
$FRASERS LOGISTICS & COM TRUST(BUOU.SG$ was actively traded in terms of volume, with 1.2 million of its units changing hands in early trade. The counter fell 0.8 per cent or S$0.01 to S$1.24.
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102643570 : Hi
May I know which reit to buy now
I really dun know
Can share