Monday, August 19, 2013

Aug 19: SIA, Great Eastern Holdings, Capitaland

Shares in Singapore ended 0.73% lower on Friday, in line with regional bourses, on concerns that the US Federal Reserve will soon reduce its stimulus programme. The Straits Times Index fell 23.39 points to end at 3,197.53. Here are some stocks and market-related news which could impact the local market this Monday morning:

SIA, Great Eastern Holdings, property stocks: The Singapore government unveiled a master plan on Sunday to double capacity at Southeast Asia's busiest airport, build a new waterfront city, move its massive port and relocate a military airbase to free up land for development.

Singapore’s CapitaMalls Asia said it had entered into a memorandum of understanding with Changi Airport Group to work on the proposed redevelopment of the car park site fronting Terminal 1 at Singapore Changi Airport.

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