SGX Market Updates

2022-02-22 14:47:44 Singapore Land's net profit up 267% to S$331.2m on fair value and disposal gains
https://www.businesstimes.com.sg/companies-markets/singapore-lands-net-profit-up-267-to-s3312m-on-fair-value-and-disposal-gains

REAL estate developer Singapore Land Group’s U06 net profit was up 267 per cent to S$331.2 million for the full year ended Dec 31, 2021, largely due to the fair-value gain on investment properties and a one-off disposal gain. Open / Comment

2022-02-22 14:46:43 Aztech Global earnings up 33.5%, expects to benefit from demand for IoT products
https://www.businesstimes.com.sg/companies-markets/aztech-global-earnings-up-335-expects-to-benefit-from-demand-for-iot-products

AZTECH Global 8AZ , the technology unit of Aztech Group, on Tuesday (Feb 22) posted a 33.5 per cent increase in net profit to S$74.4 million for the full year ended Dec 31, 2021. Open / Comment

2022-02-22 14:18:20 Soaring commodity prices can shake confidence about economic growth: Analysts
https://www.straitstimes.com/business/economy/soaring-commodity-prices-can-shake-confidence-about-economic-growth-analysts

February 22, 2022 5:37 PM

SINGAPORE - Oil rose to near US$100 a barrel and nickel jumped to its highest price in a decade on Tuesday (Feb 22), after Russia recognised two separatist republics in eastern Ukraine and ordered its troops to enter the breakaway regions. Open / Comment

2022-02-22 14:01:02 Sensex, Nifty Extend Losses For Fifth Day
https://www.rttnews.com/story.aspx?Id=3264376

Indian shares ended lower for the fifth straight session on Tuesday despite seeing much intraday recovery. Open / Comment

2022-02-22 12:58:13 StarHub EPL rights could pose short-term cost challenge: Analysts
https://www.businesstimes.com.sg/companies-markets/starhub-epl-rights-could-pose-short-term-cost-challenge-analysts

SHORT-TERM cost challenges and potential cross-carriage measure regulation could put a dampener on StarHub's recent exclusive partnership with the English Premier League (EPL) for 6 years of broadcast rights, said analysts. Open / Comment

2022-02-22 12:57:14 There is more to market volatility than Ukraine
https://www.businesstimes.com.sg/opinion/there-is-more-to-market-volatility-than-ukraine

IT is tempting to pin the recent volatility in markets only on the fluidity of the Russia-Ukraine situation. Open / Comment

2022-02-22 12:48:13 Stocks to Watch Today: IRCTC, HDFC Bank, Vedanta, and Others
http://www.einnews.com/article/563742735/mqErHFnESAPGYQU5?ref=rss&ecode=0LhrG8m97Ek03sJA

Nifty futures on the Singapore Exchange traded 207 points, or 1. … Open / Comment

2022-02-22 12:47:13 ThaiBev to resume work on unit’s $2bn Singapore IPO
http://www.einnews.com/article/563738188/0z2zMwUsCDttMZlN?ref=rss&ecode=0LhrG8m97Ek03sJA

… unit’s financial statements with Singapore Exchange Ltd before the listing can … Open / Comment

2022-02-22 12:22:57 Asian Shares Retreat As Russia-Ukraine Tensions Escalate
https://www.rttnews.com/story.aspx?Id=3264339

Asian stocks retreated on Tuesday after Russia recognized two Ukrainian separatist regions - Donetsk and Luhansk - as sovereign states and ordered troops into the territory as "peacekeepers", accelerating a crisis the West fears could unleash a major war. Open / Comment

2022-02-22 10:57:53 Billionaire buys Paris mansion for $305 million from Qatari prince
https://www.straitstimes.com/business/property/billionaire-buys-paris-mansion-for-305-million-from-qatari-prince

February 22, 2022 3:48 PM

PARIS (BLOOMBERG) - The Hotel Lambert, a property owned by Prince Abdullah bin Khalifa al-Thani, has been bought by French billionaire Xavier Niel for over 200 million euros (S$305 million), according to a person familiar with the matter. Open / Comment