. However, SPH said that there will be no material impact on the group's operations for FY2020, given that the subsidiaries are non-core investments. Shares in SPH closed at S$1.47 on Tuesday, down S$0.01 or 0.7 per cent, before these announcements.Mainboard-listed developer Ho Bee Land said on Tuesday that the firm is"not as badly affected" by the virus outbreak thanks to its
. Shares of Ho Bee Land closed on Tuesday at S$2.13, up S$0.02 or 1 per cent before this announcement.A buyer has entered into an expression of interest with Oxley Beryl, which owns the former Chevron House, to acquire the retail and banking units in the Raffles Place development for S$315 million. Shares of Oxley Holdings gained 0.5 Singapore cent or 2.3 per cent to finish Tuesday at 22.5 cents, before the announcement.
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Stocks to watch: UOB, Sembcorp, OUE, Singapore Airlines, NetLinkTHE following companies saw new developments that may affect trading of their shares on Monday: Read more at The Business Times.
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SE Asia Stocks-End firmer on virus vaccine hopes; Thailand hits 2-1/2 month highREUTERS
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Tokyo: Stocks open higher on virus hopes[TOKYO] Tokyo stocks opened higher on Tuesday, extending rallies on Wall Street on optimism about the easing of coronavirus lockdowns and promising preliminary clinical results of a Covid-19 vaccine candidate. Read more at The Business Times.
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US: Stocks surge on Covid-19 vaccine progress, Dow ends +3.9%[NEW YORK] Wall Street stocks rocketed higher on Monday following positive news on the first clinical tests of a coronavirus vaccine, lifting shares of airlines, hotels and other beaten-down sectors. Read more at The Business Times.
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Singapore stocks close 0.6% higherSINGAPORE shares began the week on a positive note, buoyed by encouraging domestic data and as major economies started to gradually unwind last month’s full lockdown measures. Read more at The Business Times.
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Australia: Shares end higher as rising commodity prices boost miners, energy stocks[SYDNEY] Australian shares closed higher on Monday, driven by gains in mining and energy stocks as the heavyweight sectors benefited from climbing prices of their respective underlying commodities. Read more at The Business Times.
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