and the critical infrastructure segments in the US, as well as the infrastructure sector in Singapore and Australia, group managing director Lim Boon Kheng told The Business Times. The mainboard-listed stock closed at 49.5 Singapore cents on Friday, down 1.5 cents or 2.9 per cent.averaged 4.2 per cent in total returns in August 2020
, outpacing the median total return of the top quartile of global banking stocks by market value, according to the Singapore Exchange's market update on Friday. DBS shares fell S$0.08 or 0.4 per cent to end Friday at S$20.68, OCBC slipped S$0.07 or 0.8 per cent to S$8.56, while UOB dropped S$0.14 or 0.7 per cent to S$19.45.Investors were rattled on Aug 20 when Wilmar's second-largest shareholder, Archer Daniels Midland, decided to trim its stake in the agri-commodities company.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Gold gains as stocks retreatGOLD prices rose on Friday, as US Treasury yields fell and a pullback in global equities bolstered demand for the safe-haven metal ahead of US non-farm payrolls data, but a strong dollar put bullion on track for a weekly decline. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
CMT, CCT sweeten merger deal for unitholdersCAPITALAND Mall Trust (CMT) and CapitaLand Commercial Trust (CCT) on Friday announced deal sweeteners for their proposed merger, such as higher accretion to their respective distribution per unit (DPU), and the decision of CMT's manager to completely waive the acquisition fee of S$111.2 million. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Frasers Centrepoint Trust's proposed acquisition of AsiaRetail Fund comes as suburban malls show resilienceFRASERS Centrepoint Trust's (FCT) proposed acquisition of the rest of AsiaRetail Fund (ARF) will boost the real estate investment trust (Reit)'s suburban portfolio even as suburban malls are expected to recover more strongly from the negative impact of Covid-19 than their centrally located peers. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »