Singapore stocks news 2

Singapore: Singapore shares opened higher on 13-Dec-18 with the Straits Times Index up 11.08 focuses or 0.4 percent to 3,111.07 as at 9.05am.

Around 46 million offers worth $112 million altogether changed hands, which worked out to a normal unit cost of $2.46 per share.

Gainers dwarfed washouts 80 to 41. The most effectively exchanged stock was telco Singtel, which fell $0.02 to $3.06 with 6.4 million, offers revolving hands.

Different actives included Wilmar International and Alpha Energy.

Top Gainer Stock

Stock Last Change
JSH USD 37.46 1.01
Jardine C&C 35.53 0.29
DBS 23.93 0.23
UOB 24.94 0.21
Venture 15.05 0.17

Top Loser Stock

Stock Last Change
JMH USD 66.19 -0.77
Multi-Chem 0.66 -0.14
UIC 2.81 -0.08
Yinda Infocomm 0.018 -0.077
Haw Par 12.56 -0.06


Stocks in news

Silkroad Nickel, Del Monte, OUE Lippo Healthcare, FSL Trust, Jumbo Group,

Silkroad Nickel: Indonesian nickel mining bunch Silk Road Nickel’s backup consented to another off take arrangement worth about $400 million to supply 15 million tons of nickel mineral over a time of five to eight years.

Jumbo Group: The sustenance and drink amass opened a Jumbo Seafood eatery in Ion Orchard in Singapore this week, denoting the first occasion when it opened a Jumbo Seafood outlet here in 10 years. It is likewise the principal outlet of the mark bean stew crab brand to be housed in a shopping center in Singapore.

Del Monte: It posted a net benefit of US$8.4 million (S$11.5 million) for the second quarter finished Oct 31, an inversion of the loss of US$2.8 million from a year prior on the back of coincidental costs of US$13.1 million identified with its failing to meet expectations vegetable business. Turnover for the quarter fell 11 percent to US$556.3 million, chiefly because of the arranged divestiture of the Sager Creek vegetable business in September 2017 and bring down deals in the US.

Anchor Resources: The mineral pioneer for gold and base metals intends to raise net continues of $1 million through a private arrangement of about 43.5 million new offers with Gao Jingxian, a private financial specialist, at an issue cost of $0.023 per share.

Currency Market

Forex Signals
: Singapore SGD trade with gains against USD it trades at 1.3709 against previous close 1.3720.

Daily Range: 1.3708-1.3726

World Market

Following the significant instability was found in the past session, stocks close generally higher on Wednesday, as brokers communicated restored positive thinking about U.S:- China exchange talks in the wake of waffling among confident and suspicious on Tuesday.

The significant indexes pulled back off their best dimensions in evening exchanging yet remained immovably positive. The Dow climbed 157.03 focuses or 0.6 percent to 24,527.27, the Nasdaq hopped 66.48 focuses or 1 percent to 7,098.31 and the S&P 500 rose 14.29 focuses or 0.5 percent to 2,651.07.

The strength on Wall Street came after President Donald Trump communicated good faith about hitting an economic accord with Chinese President.

Index Last Change%
Dow 30 24527.27 0.64
S&P 500 2651.07 0.54
Nasdaq 100 7098.31 0.95
FTSE 100 6880.19 1.08
DAX 10929.43 1.38


Commodity Market

Gold Price
: Gold prices slide early on trade as the dollar gains strength after declining from a near one-month high in the previous session.

Spot gold was trading at $1,244.56 per ounce.

Trading Range : $1238-$1250

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