Stocks to watch: Frasers Centrepoint Trust, Singapore banks, ThaiBev, Sunpower

THE following companies saw new developments that may affect trading of their securities on Tuesday:

Frasers Centrepoint Trust : Its private placement closed on Tuesday about 2.8 times subscribed and priced at the bottom end of the range, with the upsize option not exercised. Meanwhile, the preferential offering has been priced at S$2.34 per new unit, also at the low end of the range. FCT units closed at S$2.52 on Friday, and the manager called for a trading halt on Monday morning. The manager on Tuesday requested to lift the halt.

DBS, OCBC, UOB: Fitch Ratings has affirmed its AA- ratings on Singapore banks and removed the trio from rating watch negative, given that the materialisation of stressed conditions have become"less immediate". DBS shares closed up S$0.21 or 1 per cent to S$20.22, OCBC rose S$0.06 or 0.7 per cent to S$8.52 and UOB closed up S$0.18 or 0.9 per cent to S$19.28 on Monday.

Thai Beverage Public Co : ThaiBev on Monday said its executive committee has approved the appointment of five senior management staff and two senior vice-presidents to help the company realise its growth objectives. Shares of ThaiBev ended Monday at 59.5 Singapore cents before the announcement, up one cent or 1.7 per cent.

Sunpower Group: The mainboard-listed firm has secured manufacturing and services orders worth over 76 million yuan from two repeat customers. Shares of Sunpower closed down 0.5 Singapore cent or 0.9 per cent to 52.5 cents on Monday.

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Wall Street opens higher led by banks, travel stocksU.S. stock index futures rose on Monday as hopes of a global economic recovery were supported by data showing continued growth in China's ...
Fonte: ChannelNewsAsia - 🏆 6. / 66 Leggi di più »

US: Wall St opens higher led by banks, travel stocks[NEW YORK] Wall Street surged at the open on Monday following the longest weekly losing streak in a year for the S&P 500 and the Dow, with investors piling into shares of beaten-down sectors, including banks and travel. Read more at The Business Times.
Fonte: BusinessTimes - 🏆 15. / 51 Leggi di più »

Banks, travel stocks set to lead Wall Street higherU.S. stock index futures rose on Monday as hopes of a global economic recovery were supported by data showing continued growth in China's ...
Fonte: ChannelNewsAsia - 🏆 6. / 66 Leggi di più »

Europe: Bank stocks bounce off record low, helping Europe recover some lost ground[BENGALURU] European stocks bounced back sharply on Monday as investors snapped up beaten-down shares in the banking sector that hit a record low last week and data gave signs of pick-up in the Chinese economy. Read more at The Business Times.
Fonte: BusinessTimes - 🏆 15. / 51 Leggi di più »

Hong Kong: Stocks start week with gains[HONG KONG] Hong Kong shares rallied more than one per cent Monday following a strong lead from Wall Street with market heavyweight HSBC boosted by news its biggest stakeholder had increased its investment in the firm. Read more at The Business Times.
Fonte: BusinessTimes - 🏆 15. / 51 Leggi di più »

Tokyo: Stocks close higher with eyes on US-China tensions[TOKYO] Tokyo stocks closed higher on Monday, helped by rallies on Wall Street, while investors carefully watched US-China tensions over technology issues. Read more at The Business Times.
Fonte: BusinessTimes - 🏆 15. / 51 Leggi di più »