BEAMSTART Logo

Genting Singapore Propels Convincing Rebound in Singapore Market, STI Up 1.1%

The Straits Times LogoThe Straits Times1 mo ago

Genting Singapore Propels Convincing Rebound in Singapore Market, STI Up 1.1% - The Straits Times

Quick Summary:

STI ended April 18 at 3,187.66 points, up 1.1 per cent or 32.

The index’s biggest advancer was conglomerate Jardine Cycle & Carriage, up 4.1 per cent, with its stable mates not far behind: Jardine Matheson Holdings shot ahead 3.2 per cent to US$36.90 and DFI Retail Group Holdings added 1.7 per cent to US$1.84.

CGS International analyst Tay Wee Kuang said the results are a “positive sign” for Genting Singapore: “We think Genting Singapore will continue to see positive year-on-year momentum in profitability for the first half of 2024 due to a low base effect.


More Pictures

Genting Singapore Propels Convincing Rebound in Singapore Market, STI Up 1.1% - The Straits Times (Picture 1)

or

Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-04-18 @ 18:37:25 (1 months ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 511 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 20720725

View Article Analysis

About The Straits Times

The Straits Times Logo

Main Topics: EconomyBusiness

Official Website: straitstimes.com

Update Frequency: 15 posts per day

Year Established: 1845

Headquarters: Singapore

News Last Updated: 3 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #25

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "Genting Singapore Propels Convincing Rebound in Singapore Market, STI Up 1.1%" has 511 words across 23 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Which news outlet covered this story?

The story "Genting Singapore Propels Convincing Rebound in Singapore Market, STI Up 1.1%" was covered 1 months ago by The Straits Times, a news publisher based in Singapore.

How trustworthy is 'The Straits Times' news outlet?

The Straits Times is a fully independent (privately-owned) news outlet established in 1845 that covers mostly economy and business news.

The outlet is headquartered in Singapore and publishes an average of 15 news stories per day.

It's most recent story was published 3 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #20720725
  • URL: https://beamstart.com/news/genting-singapore-propels-convincing-singapore-171

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

© Copyright 2024 BEAMSTART. All Rights Reserved.