The Straits Times Index (STI) ended -0.77 points lower or -0.02% to 3,292.48 on Monday, taking the year-to-date performance to +4.03%. The top active stocks were Noble (-3.46%), DBS (-0.18%), CapitaLand (-1.86%), SingTel (unchanged) and OCBC Bank (+0.10%). Here are some stocks to watch this Tuesday morning:
Singapore Airlines recorded a 0.3 percentage point improvement in its passenger load factor (PLF), bringing it to 74.9% in May.
Huan Hsin Holdings is planning to dispose its 30% stake in Li Sheng Electronic (Kunshan) for US$3.5 million ($4.38 million) in cash.
Ralec Electronic Corp, which is looking to take chip resistors maker ASJ Holdings private, has received valid acceptances representing 74.32% of the total issued share capital of ASJ.
TT International said late on Monday night that it expecteds to raise net proceeds of $24.8 million from its proposed placement of up to 167.3 million new ordinary shares at 15.45 cents each.
No comments:
Post a Comment