Express News | Straits Times Index rose by 0.6%, st engineering and seatrium each rose by over 2%.
Express News | Singapore stock market opening: The FTSE Straits Times Index rose by 0.04%, nio inc rose nearly 10%.
Seatrium GAAP EPS of -$3.12, Revenue of $7.29B
Keppel and Sembcorp Industries lead the 2023 Sea Index, with a total return of 60%
In 2023, the total return of the Straits Times Index (STI, “Sea Index”) was 4.7%, which is comparable to the total return of the FTSE ASEAN Extended 60 Index of 3.7% (in Singapore dollars).
China and China will be visa-free for 30 days. The popularity of travel product inquiries has greatly increased, and the number of round-trip flights is expected to resume
① The popularity of Zhongxin Travel Singapore product inquiries increased instantaneously by about 200%, and the number of searches on the OTA platform increased dramatically. According to the industry, the new Matai route is expected to heat up. ② Airlines such as China Eastern Airlines, China Southern Airlines, Spring Airlines, and Juneyao Airlines all have routes to and from Singapore. ③ Flights between mainland China and Singapore have resumed to nearly 80% of the same period in 2019, and the recovery rate of some airlines has exceeded 100%.
Seatrium to replace Keppel DC Reit in STI