Singapore Stocks Open Higher on Tuesday, STI up 0.1%

The Business Times2022-05-31

SINGAPORE shares were up at Tuesday’s (May 31) open, with the Straits Times Index (STI) gaining 0.1 percent or 4.19 points to 3,243.11 as at 9.03 am.Gainers outnumbered losers 76 to 46, after 82.8 ...

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Longbean
2022-05-31
Longbean
Ok
Fredwkh
2022-05-31
Fredwkh
Like
Oldie
2022-05-31
Oldie
Ok
CubTrader
2022-05-31
CubTrader
Nice

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Its shares were up S$0.02 or 4.2 percent at S$0.50.YZJFH on Monday said it was upping its dividend payout policy– to at least 40 percent of the group’s net profit after tax, excluding non-recurring, one-off and exceptional items – for the next 3 financial years up to FY2024.Among index stocks, Singtel was actively traded, with 1.5 million shares worth S$3.9 million changing hands. Its shares were down S$0.01 or 0.4 percent at S$2.64.The telco on Monday said it has been appointed to deploy Micron Technology’s 5G millimetre wave solutions with localised edge core at the semiconductor manufacturer’s 3D Nand flash memory fabrication plant in Singapore.SATS also saw brisk trading, with 590,000 shares worth S$2.6 million changing hands. 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