VOLATILITY surrounding trade relations remains the central theme in global equity markets, with Washington's move to ban US companies from using foreign telecoms equipment.
The US's latest move, which market watchers see as targeting Chinese telecoms giant Huawei, adds another element to the already tense flare-up in trade relations between the US and China. BoardRoom Limited shares leapt on Thursday, after GK Goh Holdings' voluntary unconditional cash offer for the mainboard-listed corporate secretarial services firm, at S$0.88 per share. GK Goh intends to delist BoardRoom. BoardRoom shares were trading at the offer price of S$0.88, up S$0.11 or 14.3 per cent.Yangzijiang Shipbuilding was the Singapore bourse's most traded stock, with 24.9 million shares changing hands. The shipbuilder was trading four Singapore cents or 2.
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Singapore stocks: STI resumes Wednesday afternoon at 3,219.59, down 0.13% on dayINVESTORS in Asia were more optimistic on Wednesday, thanks to a positive showing by Wall Street and remarks made by the US and China that eased trade worries. However, Singapore's Straits Times Index (STI) was weighed down by counters that posted earnings before the market opened. Read more at The Business Times.
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Singapore stocks turn negative after Trump tariff hike: STI down 0.05%SINGAPORE stocks resumed trading on Friday afternoon in negative territory, with the Straits Times Index down 0.05 per cent or 1.71 points to 3,267.99, on the day as at 1.01pm. Read more at The Business Times.
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Singapore stocks: STI resumes Monday afternoon at 3,235.64, down 1.2% on dayWITH the US and China deadlocked in trade deal negotiations and uncertainty growing among investors, the Singapore market started the week in negative territory, continuing to trend downwards in the afternoon session. Read more at The Business Times.
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Singapore stocks: STI resumes Tuesday afternoon at 3,207.84, down 0.8% on dayTHE effect of China responding to US tariff measures in kind meant the Singapore market and its regional peers extended the global selloff after Wall Street posted heavy declines as China ramped up tariffs on US goods with effect from June. Read more at The Business Times.
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