SGX

HOT STOCK

Banks drag STI below 5,000 post-Budget, but analysts see ample ‘fiscal dry powder’

The scaled-back handouts leave room for future support; the new measures could enable the continued recovery of the capital market

Lim Chung Chun, chairman and CEO of iFast, says the rebranding of FSMOne is to signal its intent to focus more on global customers.

iFast unveils ‘Truly Global Business Model’, rebrands FSMOne to FSM Global

The group is repositioning itself to view its customers as international – not just from the markets in which it operates

iFast’s board proposes a final dividend of S$0.025 per share, up 56.3 per cent from S$0.016 a year earlier.

iFast Q4 net profit rises more than 70% to S$32.9 million as banking operations turn profitable

Revenue for the quarter up 45.7% at S$151.7 million, driven by stronger contributions from ePension division

The Singapore Exchange's securities daily average value climbs 58% on the year to S$1.6 billion.

SGX securities turnover value up 66% at S$34.6 billion in January

The Straits Times Index outperforms most Asean peers with a 5.6% month-on-month gain

Converting policy-driven momentum into a durable ecosystem ought to be underpinned by recognition that markets do not function as theory dictates.
THINKING ALOUD

Why was EQDP necessary in the first place?

Market foundations must be strengthened, improving transparency, liquidity, governance and information flow to boost confidence

Minister for National Development Chee Hong Tat says: "We are not trying to go for a silver bullet that can, on its own, solve all the problems. There is no magic pill."
MARK TO MARKET

Time to introduce a Japan, Korea-style value-up programme, to drive Singapore market’s next leg-up

This move may be a crucial part of the ongoing holistic approach to restoring the vibrancy of the local market

The board declares an interim quarterly dividend of S$0.11 a share, payable on Feb 24.

SGX H1 profit up at S$342.7 million as revenue hits record; steps up push to lure Chinese listings

Adjusted net profit for the half-year period stands at S$357.1 million, an 11.6% increase