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Tag: stock market

Posted on 07/08/2024

Singapore bank DBS flags heightened uncertainty, Q2 profit beats forecasts

Singapore's biggest bank, DBS Group, flagged more uncertainty ahead but said net profit growth for 2024 was expected to be in the mid-to-high single digits after posting on Wednesday a second-quarter ...

Posted on 07/08/2024

Deutsche Bank appoints private banking market head for Singapore

Puneesh Nayar, who has previously worked at Julius Baer, BSI Bank, Coutts and HSBC, is starting the role on August 12.

Posted on 07/08/2024

Guide To Impact Investing In Singapore, And Understanding How It Works

Impact investing means investing in companies and opportunities that will not only generate positive returns, but also to positively improve the world ...

Posted on 07/08/2024

Ola Electric IPO Day 3 Live Updates: Ola IPO GMP trends downwards on third day of bidding; issue booked 4.27x so far

Ola Electric Mobility IPO was fully subscribed on the second day of bidding. The issue received bids of 49,43,85,840 shares against the offered 46,51,59,451 equity shares, at a price band of ₹72-76, ...

Posted on 07/08/2024

Singapore to revitalize stock market

A newly-established review group with representatives from both the private and public sectors will propose measures to revitalize Singapore’s struggling stock market.

Posted on 06/08/2024

Singapore’s EDBI and SEEDS Capital merge to form new government investment entity, SG Growth Capital

Beyond bringing more collaboration opportunities between local and foreign companies, SG Growth Capital will look to develop deeper expertise in startup financing, venture building, and deep tech ...

Posted on 06/08/2024

Payments, Crypto Sectors Dominate Singapore Fintech Deals Amid Declining Investments

The first half of 2024 showed notable resilience in Singapore's fintech market, with deal activity increasing by 19 percent.

Posted on 06/08/2024

Ola Electric IPO subscribed 115% on Day 3 so far. Check GMP and other key details

The initial public offering (IPO) of Ola Electric has been subscribed 1.15 times as of the third day of the bidding process. The issue was fully subscribed by the end of day 2.The issue attracted bids ...

Posted on 06/08/2024

Ola IPO waits to cross the line ; FirstCry’s anchor book sets off

Ola Electric Mobility’s initial public offering (IPO) of Rs 6,146-crore — the largest in two years — closes on Tuesday. Amid a selloff in the global market, subscription for the maiden share sale by ...

Posted on 06/08/2024

Markets bid to recover from brutal sell-off but fears linger; Singapore share index down 0.7%

SINGAPORE - Margin calls pushed the Singapore market further south on Aug 6 even as other Asian ... “Now is the best time to pick up the favourite stock you’ve been eyeing for a while, at a valuation ...

Posted on 06/08/2024

$8.5 trillion wiped out from global stock markets but are recession fears premature?

The pillars that had underpinned financial-market gains for years have been shaken. Read more at straitstimes.com.

Posted on 06/08/2024

FirstCry IPO: Issue subscribed 2% on Day 1, employees buy 44% of allocated portion

Marquee institutional investors including Government of Singapore, Monetary Authority of Singapore ... aims to raise Rs 4,193.73 crore through an initial share sale. The IPO is a combination of fresh ...

Posted on 06/08/2024

Sembcorp to invest $700 million in green urban initiatives; first-half profit down 11%

It announced an interim dividend of six cents per share, which will be paid on Aug 22. Read more at straitstimes.com.

Posted on 06/08/2024

Firstcry IPO: Retail platform raises ₹1,886 crore in anchor book round ahead of public issue

According to the exchange filing, the company has allocated 4,05,55,428 equity shares to 71 anchor investors at the upper price band of ₹465 per equity share with face value of ₹2 per share.

Posted on 06/08/2024

OLA Electric IPO GMP declines further! What grey market premium signals for Bhavish Aggarwal’s EV company

The initial share sale received bids for 49,43,63,610 shares against 46,51,59,451 shares on offer, translating into 1.06 times subscription, according to the NSE data.

Posted on 06/08/2024

Ola Electric IPO sails through on Day 2. Check GMP

The initial public offering of Ola Electric was fully subscribed on the second day. Retail investors' portion was oversubscribed 2.86 times and non-institutional investors' portion 1.09 times.

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