Arab Today, arab today singapore stocks end up 029
Last Updated : GMT 18:18:50
Arab Today, arab today
Arab Today, arab today

Singapore stocks end up 0.29%

Arab Today, arab today

Arab Today, arab today Singapore stocks end up 0.29%

Singapore stocks
Singapore - XINHUA

Singapore shares closed 0.29 percent higher on Friday, as investors bought shares after dismal U.S. data had heightened expectation that U.S. Federal Reserve will not raise interest rate anytime soon.

A larger-than-expected 11.4 percent drop in U.S. new home sales in March, together with disappointing global factory data, rekindled doubts about whether the U.S. economy is strong enough for the Federal Reserve to raise interest rates this year .

However, trading mood was cautious due to the recent volatility in China and China's Hong Kong bourses. China stocks slipped on Friday after the country's securities regulator said it would accelerate approval of initial public offerings in an apparent effort to cool the red hot market.

Singapore's benchmark Straits Times Index rose 10.25 points to 3,513 points. Trading volume was 1.87 billion shares worth 1.31 billion Singapore dollars. Advancers outnumbered decliners 270 to 182, while 472 stocks did not move.

Suntec REIT rose 0.3 percent to 1.855 Singapore dollars. It reported first-quarter revenue grew 13 percent to 74 million Singapore dollars, and net property income of 51 million Singapore dollars was 17 percent higher, due to the opening of Suntec City Phase 2 and stronger performance from Suntec Singapore. It declared distribution per unit of 2.23 Singapore cents.

Global Logistic Properties closed flat at 2.74 Singapore dollars. It announced that its GLP Japan Development Venture will sell GLP Kobe-Nishi to GLP J-REIT for approximately 60 million U.S. dollars. The sale crystallizes a 38 percent development value creation margin for the Venture within 14 months,

Separately, Global Logistic Properties has signed a new agreement with Carrefour, a leading global retailer, to lease 48, 000 square meters in Midwestern China. Carrefour will use the facilities to enhance its distribution capability in Midwestern and Southwestern China.

Among top gainers, Jardine Cylce and Carriage rose 1.7 percent to 43.08 Singapore dollars, while Jardine Matheson became one of the top losers by falling 0.2 percent to 61.48 U.S. dollars. (1 U. S. dollar equals to 1.34 Singapore dollars)

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today singapore stocks end up 029 Arab Today, arab today singapore stocks end up 029

 



Arab Today, arab today
Arab Today, arab today Mohamed Bahari prepares new collection for spring 2017

GMT 06:15 2017 Monday ,27 February

Mohamed Bahari prepares new collection for spring 2017
Arab Today, arab today As Olympics loom,China plunges into biz

GMT 10:08 2017 Tuesday ,28 February

As Olympics loom,China plunges into biz
Arab Today, arab today Sheds light on major steps in 12-year career

GMT 06:07 2017 Monday ,27 February

Sheds light on major steps in 12-year career
Arab Today, arab today UN envoy sets out framework

GMT 07:25 2017 Monday ,27 February

UN envoy sets out framework
Arab Today, arab today Kalam Nawaem made a difference in social issues

GMT 06:43 2017 Tuesday ,28 February

Kalam Nawaem made a difference in social issues

GMT 16:05 2017 Tuesday ,28 February

US. Stocks Close Mixed

GMT 15:45 2017 Tuesday ,28 February

US Stocks Close Higher with Dow Hits 12th Record High

GMT 09:45 2017 Tuesday ,28 February

China shuts down $7.3bn illegal forex operation

GMT 06:07 2017 Tuesday ,28 February

LSE, Deutsche Boerse deal in jeopardy
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Parliament considers solutions to overpopulation

GMT 20:27 2017 Monday ,27 February

Parliament considers solutions to overpopulation
Arab Today, arab today Humans spark most US wildfires

GMT 14:58 2017 Tuesday ,28 February

Humans spark most US wildfires
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Final Phantom VII signals end of an era

GMT 14:31 2017 Tuesday ,28 February

Final Phantom VII signals end of an era
Arab Today, arab today 'Constructive' Vauxhall talk with union

GMT 08:54 2017 Saturday ,25 February

'Constructive' Vauxhall talk with union
Arab Today, arab today Aspires present the story of Egypt’s first president

GMT 06:18 2017 Sunday ,26 February

Aspires present the story of Egypt’s first president
Arab Today, arab today Penguins in the age of dinos

GMT 11:44 2017 Saturday ,25 February

Penguins in the age of dinos

GMT 06:42 2017 Saturday ,25 February

Reasons for the delay 'On the Stairs of Servants'

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years

GMT 18:23 2017 Friday ,24 February

Fadi explains secrets of  Nancy Ajram's newlook

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"

GMT 10:51 2017 Saturday ,25 February

Pigs with edited genes show resistance

GMT 18:28 2017 Saturday ,25 February

Tourist guide explains types of tourism

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 06:28 2017 Tuesday ,28 February

Dumbphones survive rise of the smartphone

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives heritage in jewelries
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday