Singapore's Private Sector Expands Solidly in March as New Orders Grow
Business activity in Singapore's private sector slowed month on month in March, but the expansion rate remained strong, thanks to faster growth in new orders, S&P Global reported Wednesday. The headli
Singaporean Shares Rise Tracking Global Gains; Top Glove's Shares Up 9% as Losses Shrink
Singapore shares finished marginally higher on Wednesday, following overnight gains in global markets. During the day, the benchmark Singapore Strait Times Index ranged between 3,174.13 and 3,188.06,
Top Glove Q2 Loss Shrinks to RM51.2 Million on Cost Optimisation Initiatives
GLOVE manufacturer Top Glove Corporation : BVA +2.22% on Wednesday (Mar 20) narrowed its losses by 68.9 per cent for the second quarter ended Feb 29, 2024, with a net loss of RM51.2 million (S$14.7 million), from RM164.7 million in the corresponding year-ago period.
Top Glove's Attributable Loss for Fiscal Q2 Narrows; Revenue Declines
Top Glove (SGX:BVA, KLSE:TOPGLOV) booked an attributable loss of 51.2 million ringgit for the second quarter ended Feb. 29, compared with 164.7 million ringgit in the year-ago period, according to a f
Business Activity Expands in Singapore's Private Sector in February as Demand Improves
Business activity in Singapore's private sector expanded in February, thanks to improving demand, driving a record rise in employment during the month, S&P Global reported Tuesday.
Top Glove Executive Director Discloses Stake in Company
Top Glove (SGX:BVA, KLSE:TOPGLOV) Executive Director Lim Hooi Sin said he owns a direct interest of 106.3 million shares in the company, according to a Thursday bourse filing. In addition, Lim owns an
Banking Stocks Make Roaring Entry Into Dragon Year With Fresh Record Highs
Banking and financial services stocks were among the top gainers in early morning trade on Tuesday, with several stocks climbing to a new record high, marking a bullish start to the Lunar New Year of the Dragon.
Top Glove Issues Shares Under Employee Stock Option Scheme
Top Glove (SGX:BVA, KLSE:TOPGLOV) issued an aggregate of 25,600 shares under its employee stock option scheme. Of the total, 17,400 shares were issued at 0.8810 ringgit each, while the remaining 8,200
Top Glove Chairman, Director Acquire Additional Shares
Top Glove (KLSE:TOPGLOV, SGX:BVA) Executive Chairman Lim Wee Chai and executive director Lim Hooi Sin each acquired 600,000 ordinary shares of the company on Jan. 15. Each spent 550,500 ringgit to acq
Taking Stock of Singapore's Trade Contraction in 2023
While Singapore's exports have lagged behind Taiwan and Korea in Nov-Dec 2023, they have showed signs of recovery after a year of steep drops. NODX may stabilise in 2024 after contracting 13% in 2023, helped by a base effect, and external factors such as the potential chip rebound, looser finance conditions, and the WTO's global trade outlook.
Top Gloves Trading Halt Lifted
Top Glove (SGX:BVA, KLSE:TOPGLOV) said that the trading halt on its shares on the Singapore Exchange has been lifted following the conclusion of the company's virtual 25th annual general meeting. The
Top Glove Issues Shares Under Employee Option Scheme
Top Glove (SGX:BVA, KLSE:TOPGLOV) issued 21,600 shares at 0.8810 Malaysian ringgit apiece under its employee stock option scheme. The issued shares will be listed on Dec. 26, according to a Friday bou
Top Glove Trims Losses in Fiscal Q1
Top Glove's (SGX:BVA, KLSE:TOPGLOV) loss attributable to owners narrowed to 57.7 million ringgit, or 0.0072 ringgit per share, in the fiscal first quarter, from 168.2 million ringgit, or 0.0210 ringgi
Singapore Shares Slip Into Red; Pegasus Asia Climbs 3% After Deciding Against Business Combination
Singapore's Straits Times Index slipped into the negative territory on Wednesday, despite overnight gains on Wall Street and Europe. During the day, the benchmark index ranged between 3,106.66 and 3,1
Singapore Index Starts Week in Red; Nordic Shares Fall 5% as Net Profit Drops 18% in January-September Period
Singapore's Straits Times Index plummeted on Monday to start the week on a sour note in contrast with the global indices, which finished the previous week higher. During the day, the benchmark index r
Top Glove Swings to Loss in Fiscal 2023
Top Glove (SGX:BVA, KLSE:TOPGLOV) posted a loss attributable to owners of the parent of 925.2 million ringgit in fiscal 2023, against an attributable profit of 225.6 million ringgit a year ago. Attrib
Forex Insight: Major Currencies Jumped in The Past Week, And the Fed's Dovish Turn Is Not the Only Reason
Last Friday's non-farm payroll data reinforced the Fed's dovish expectations. CME FedWatch shows that the probability of raising interest rates in December is merely 9.8%. It's not just U.S. stocks that are reveling in the capital market. The currencies of most countries have jumped since last week.
Top Glove Chairman, Director Acquire Shares Outside Closed Period
Top Glove (KLSE:TOPGLOV, SGX:BVA) Executive Chairman Lim Wee Chai and executive director Lim Hooi Sin each acquired 1.2 million ordinary shares of the company each on Oct. 10. The shares were acquired
Top Glove Widens Loss in Fiscal Q4
Top Glove (SGX:BVA, KLSE:TOPGLOV) incurred a loss attributable to owners of 463.1 million ringgit in the fiscal fourth quarter ended Aug. 31, higher than 63 million ringgit a year earlier. Loss per sh
Cut-off Yield on Latest Singapore 6-month T-bill at 3.7%
SINGAPORE'S latest six-month Treasury bill (T-bill) offered a cut-off yield of 3.7 per cent, in the auction that closed on Thursday (Aug 31).
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