International Business Times, Singapore Edition
Business
Markets

Market Round-Up: What did you miss?

The Straits Times Index added 0.26 percent or 9 points to end at 3,338.

singapore trader
Reuters
  • Singapore stocks edged higher on Tuesday, as investors awaited a slew of earnings this week. The Straits Times Index added 0.26 percent or 9 points to end at 3,338.
  • Singapore-based Swiber Holdings said it will default on its upcoming coupon payment due on August 2.
  • Telephone directories publisher Global Yellow Pages said it would restructure its business to focus on real estate and cease publication of print directories from 2018.
  • Property developer Roxy-Pacific Holdings said net profit tumbled 26 percent in the second-quarter due to lower revenue from property development and hotel ownership businesses.
  • CWT, which is in take-over talks with China's HNA Holding, reported a huge surge in its second-quarter net profit, powered by growth at its engineering and commodity marketing businesses.
  • Singtel and CapitaLand Mall Trust topped the Singapore Governance and Transparency index (SGTI), signalling increased corporate governance among Singapore-listed companies.
  • Shares in Soilbuild Construction Group fell as much as 2.4 percent after the builder reported a 70 percent slump in second-quarter net profit due to lower revenue contributions from its major Singapore projects and increased investments.

READ MORE