"The balance of economic risks remains tipped towards growth as reflected by another downgrade by the IMF of its global growth outlook," said ING economists Nicholas Mapa and Prakash Sakpal.
More than 100 million Nico Steel shares changed hands, lifting the stock to top of the volumes table.Another active stock was Singtel, which saw 52.3 million shares traded, after the management defended at its annual general meeting the telco's investments in units such as cyber security arm Trustwave and digital marketing unit Amobee.
Other stocks in the red included Yoma Strategic Holdings, which lost 2.6 per cent or one cent to 37.5 cents. Catalist-listed ISOTeam said it will buy Coney International's entire stake in Pure Group for $24 million in cash and shares. But the news did not lift the stock, which lost 3.92 per cent or one cent to 24.5 cents.
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:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Growth in Singapore medical device market cut to 8.4% for 2018-2023: ReportSINGAPORE'S medical device market is projected to register a compound annual growth rate (CAGR) of 8.4 per cent from 2018 to 2023, down from a previous estimate of 9.1 per cent, with the industry valued at some S$1.3 billion in 2023, according to a report by Fitch Solutions Macro Research on Thursday. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Cycle & Carriage enters car rental business in Singapore, forms partnership with Go-JekSINGAPORE: Cycle & Carriage Singapore said on Thursday (Jul 25) it has expanded into the car leasing segment, in response to changing market ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Cycle & Carriage enters car rental business in Singapore, forms partnership with Go-JekSINGAPORE — Cycle & Carriage Singapore said on Thursday (July 25) it has expanded into the car leasing segment, in response to changing market demands and competition.
Source: TODAYonline - 🏆 1. / 99 Read more »
Global oil market in glut, but not a big enough one for OPECOPEC has shifted the goalposts for assessing an overhang in oil inventories, giving the group more room to prolong production cuts, while analysts ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Singtel enters insurance market with cover for migrant workers; other products to comeSINGAPORE - After venturing into mobile payments and cybersecurity, Singtel is now entering the insurance market, offering free cover targeted mainly at migrant workers.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Autogrill enters exclusive deal with Panera Bread for US marketItalian caterer Autogrill said on Thursday it had signed an exclusive multi-year agreement with bakery chain Panera Bread to develop outlets in U.S.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »