Monday, September 22, 2014

Market News In 2 Minutes @ 22nd September 2014

Market News in 2 minutes
As stock investors (even though a small one), it is important to keep abreast with the latest financial and market news. Since I am in it, I thought it might be worthwhile to share it out with my readers too.

Hence, I started this "Market News In 2 Minutes" series.

Following are the "Market News In 2 Minutes" for today :

1. SingTel (Z74) - Says it will invest $500 million over the next five years and hire 1,000 engineers as part of a three-pronged strategy to build strengths in cyber security, smart cities and analytics. These facilities will experiment with fresh ideas that can then be commercialised here and in markets where Singapore has a footprint such as in Australia, India and some African countries.(source : The Edge)

2. Singapore Exchange (SGX) today launched a new research and company fundamentals portal on its website, called SGX StockFacts. It has several features, including a research database; customised search; new proprietary tools, including S&P Capital IQ Alpha Factor Composites; and downloading and printing of company snapshots for easy analysing. (source : The Edge)

3. Fragrance Group (F31) - Is proposing to spin off its Australian property business for a Catalist listing. (source : The Edge)

4. Yoma Strategic Holdings (Z59) - Said it has topped out building B1 in Zone B of its Star City residential development. Star City is situated on a 135-acre site in the Thanlyin Township in Yangon. Zone B is the second phase of the estate which construction started in April 2013. (source : The Edge)


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