Singapore Stocks Flat Ahead of US Fed's Policy Meeting; SATS Surges 11% on Turning to Profit in Fiscal Q1

MT Newswires08-21

Singapore's stock market remained flat on Wednesday ahead of the release of minutes of the US Federal Reserve's last policy meeting.

The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 3,353.91 and 3,373.76 throughout the day. It ended the session at 3,373.76, up 3.45 points or 0.1% compared to Tuesday's close.

The US Central Bank's Chair Jerome Powell will speak Friday morning at the Fed's annual Jackson Hole Economic Policy Symposium.

In domestic company news, shares of SATS (SGX:S58) surged over 11% after the company booked a profit attributable to owners of SG$65.0 million in the fiscal first quarter, compared with an attributable loss of SG$29.9 million in the year-ago period.

Pacific Radiance (SGX:RXS) surged nearly 10% after the company landed two contracts worth around $40.8 million in the Middle East, through its subsidiary.

Meanwhile, Nordic Group (SGX:MR7) was up nearly 2% after it secured SG$32.6 million worth of contracts.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

JCBLCH
08-21
JCBLCH

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2461817108?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-08-21 17:45","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2461817108","market":"sg","top_or_hot":-1,"title":"Singapore Stocks Flat Ahead of US Fed's Policy Meeting; SATS Surges 11% on Turning to Profit in Fiscal Q1","media":"MT Newswires","content":"<html><head></head><body><p> Singapore&#39;s stock market remained flat on Wednesday ahead of the release of minutes of the US Federal Reserve&#39;s last policy meeting.</p><p>The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 3,353.91 and 3,373.76 throughout the day. It ended the session at 3,373.76, up 3.45 points or 0.1% compared to Tuesday&#39;s close.</p><p>The US Central Bank&#39;s Chair Jerome Powell will speak Friday morning at the Fed&#39;s annual Jackson Hole Economic Policy Symposium.</p><p>In domestic company news, shares of SATS (SGX:S58) surged over 11% after the company booked a profit attributable to owners of SG$65.0 million in the fiscal first quarter, compared with an attributable loss of SG$29.9 million in the year-ago period.</p><p>Pacific Radiance (SGX:RXS) surged nearly 10% after the company landed two contracts worth around $40.8 million in the Middle East, through its subsidiary.</p><p>Meanwhile,  Nordic Group (SGX:MR7) was up nearly 2% after it secured SG$32.6 million worth of contracts.</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Stocks Flat Ahead of US Fed's Policy Meeting; SATS Surges 11% on Turning to Profit in Fiscal Q1</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Stocks Flat Ahead of US Fed's Policy Meeting; SATS Surges 11% on Turning to Profit in Fiscal Q1\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-08-21 17:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.mtnewswires.com/><strong>MT Newswires</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore's stock market remained flat on Wednesday ahead of the release of minutes of the US Federal Reserve's last policy meeting.The Straits Times Index (STI), a key benchmark for the Singapore ...</p>\n\n<a href=\"https://www.mtnewswires.com/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK6045","symbol_name":"建筑与工程","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2461817108","we_media_id":"1060499803","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2461817108","pubTimestamp":1724233530,"sourceInfo":null,"weMediaInfo":{"media_name":"MT Newswires","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1060499803","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Singapore's stock market remained flat on Wednesday ahead of the release of minutes of the US Federal Reserve's last policy meeting.The Straits Times Index (STI), a key benchmark for the Singapore Exc","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK6045":"建筑与工程","SGXZ27511609.SGD":"NIKKO AM SINGAPORE DIVIDEND EQUITY \"SGD\" (SGD) ACC","SG9999003826.SGD":"日兴资管新加坡股息基金 SGD","BK6088":"石油天然气设备与服务","SG9999004360.SGD":"Nikko AM Shenton Thrift Fund SGD","MR7.SI":"挪迪克","RXS.SI":"PacificRadiance","BK6520":"工商业服务概念","S58.SI":"新翔集团有限公司","LU0164939612.USD":"HSBC GIF ASIA EX JAPAN SMALLER CO. \"AC\" ACC","BK6519":"运输股","LU0082770016.SGD":"HSBC GIF ASIA EX JAPAN EQUITY SMALLER COMPANIES \"AD\" (SGD) INC","STI.SI":"富时新加坡海峡指数","BK6084":"机场服务","LU0082770016.USD":"HSBC GIF ASIA EX JAPAN SMALLER CO. \"AD\" INC","SG9999000475.SGD":"Aberdeen Standard Singapore Equity SGD","LU0620787316.HKD":"HSBC GIF ASIA EX JAPAN EQUITY SMALLER COMPANIES \"AD\" (HKD) INC"},"translate_title":"美国联储政策会议前新加坡股市持平；SATS第一财季扭亏为盈，股价飙升11%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"S58.SI":1,"RXS.SI":0.9,"MR7.SI":0.9,"STI.SI":0.78},"content_text":"Singapore's stock market remained flat on Wednesday ahead of the release of minutes of the US Federal Reserve's last policy meeting.The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 3,353.91 and 3,373.76 throughout the day. It ended the session at 3,373.76, up 3.45 points or 0.1% compared to Tuesday's close.The US Central Bank's Chair Jerome Powell will speak Friday morning at the Fed's annual Jackson Hole Economic Policy Symposium.In domestic company news, shares of SATS (SGX:S58) surged over 11% after the company booked a profit attributable to owners of SG$65.0 million in the fiscal first quarter, compared with an attributable loss of SG$29.9 million in the year-ago period.Pacific Radiance (SGX:RXS) surged nearly 10% after the company landed two contracts worth around $40.8 million in the Middle East, through its subsidiary.Meanwhile,  Nordic Group (SGX:MR7) was up nearly 2% after it secured SG$32.6 million worth of contracts.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[{"id":340802940096648,"gmtCreate":1724234786150,"gmtModify":1724235911169,"author":{"id":"4127547462710192","authorId":"4127547462710192","name":"JCBLCH","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"crmLevel":7,"crmLevelSwitch":0,"idStr":"4127547462710192","authorIdStr":"4127547462710192"},"htmlText":"&nbsp;","listText":"&nbsp;","text":"","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/340802940096648","repostId":2461817108,"repostType":2,"repost":{"id":"2461817108","kind":"news","weMediaInfo":{"introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"media_name":"MT Newswires","id":"1060499803","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"pubTimestamp":1724233530,"share":"https://ttm.financial/m/news/2461817108?lang=&edition=fundamental","pubTime":"2024-08-21 17:45","market":"sg","language":"en","title":"Singapore Stocks Flat Ahead of US Fed's Policy Meeting; SATS Surges 11% on Turning to Profit in Fiscal Q1","url":"https://stock-news.laohu8.com/highlight/detail?id=2461817108","media":"MT Newswires","summary":"Singapore's stock market remained flat on Wednesday ahead of the release of minutes of the US Federal Reserve's last policy meeting.The Straits Times Index (STI), a key benchmark for the Singapore Exc","content":"<html><head></head><body><p> Singapore&#39;s stock market remained flat on Wednesday ahead of the release of minutes of the US Federal Reserve&#39;s last policy meeting.</p><p>The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 3,353.91 and 3,373.76 throughout the day. It ended the session at 3,373.76, up 3.45 points or 0.1% compared to Tuesday&#39;s close.</p><p>The US Central Bank&#39;s Chair Jerome Powell will speak Friday morning at the Fed&#39;s annual Jackson Hole Economic Policy Symposium.</p><p>In domestic company news, shares of SATS (SGX:S58) surged over 11% after the company booked a profit attributable to owners of SG$65.0 million in the fiscal first quarter, compared with an attributable loss of SG$29.9 million in the year-ago period.</p><p>Pacific Radiance (SGX:RXS) surged nearly 10% after the company landed two contracts worth around $40.8 million in the Middle East, through its subsidiary.</p><p>Meanwhile,  Nordic Group (SGX:MR7) was up nearly 2% after it secured SG$32.6 million worth of contracts.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Stocks Flat Ahead of US Fed's Policy Meeting; SATS Surges 11% on Turning to Profit in Fiscal Q1</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Stocks Flat Ahead of US Fed's Policy Meeting; SATS Surges 11% on Turning to Profit in Fiscal Q1\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1060499803\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires </p>\n<p class=\"h-time\">2024-08-21 17:45</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p> Singapore&#39;s stock market remained flat on Wednesday ahead of the release of minutes of the US Federal Reserve&#39;s last policy meeting.</p><p>The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 3,353.91 and 3,373.76 throughout the day. It ended the session at 3,373.76, up 3.45 points or 0.1% compared to Tuesday&#39;s close.</p><p>The US Central Bank&#39;s Chair Jerome Powell will speak Friday morning at the Fed&#39;s annual Jackson Hole Economic Policy Symposium.</p><p>In domestic company news, shares of SATS (SGX:S58) surged over 11% after the company booked a profit attributable to owners of SG$65.0 million in the fiscal first quarter, compared with an attributable loss of SG$29.9 million in the year-ago period.</p><p>Pacific Radiance (SGX:RXS) surged nearly 10% after the company landed two contracts worth around $40.8 million in the Middle East, through its subsidiary.</p><p>Meanwhile,  Nordic Group (SGX:MR7) was up nearly 2% after it secured SG$32.6 million worth of contracts.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK6045":"建筑与工程","SGXZ27511609.SGD":"NIKKO AM SINGAPORE DIVIDEND EQUITY \"SGD\" (SGD) ACC","SG9999003826.SGD":"日兴资管新加坡股息基金 SGD","BK6088":"石油天然气设备与服务","SG9999004360.SGD":"Nikko AM Shenton Thrift Fund SGD","MR7.SI":"挪迪克","RXS.SI":"PacificRadiance","BK6520":"工商业服务概念","S58.SI":"新翔集团有限公司","LU0164939612.USD":"HSBC GIF ASIA EX JAPAN SMALLER CO. \"AC\" ACC","BK6519":"运输股","LU0082770016.SGD":"HSBC GIF ASIA EX JAPAN EQUITY SMALLER COMPANIES \"AD\" (SGD) INC","STI.SI":"富时新加坡海峡指数","BK6084":"机场服务","LU0082770016.USD":"HSBC GIF ASIA EX JAPAN SMALLER CO. \"AD\" INC","SG9999000475.SGD":"Aberdeen Standard Singapore Equity SGD","LU0620787316.HKD":"HSBC GIF ASIA EX JAPAN EQUITY SMALLER COMPANIES \"AD\" (HKD) INC"},"source_url":"https://www.mtnewswires.com/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2461817108","content_text":"Singapore's stock market remained flat on Wednesday ahead of the release of minutes of the US Federal Reserve's last policy meeting.The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 3,353.91 and 3,373.76 throughout the day. It ended the session at 3,373.76, up 3.45 points or 0.1% compared to Tuesday's close.The US Central Bank's Chair Jerome Powell will speak Friday morning at the Fed's annual Jackson Hole Economic Policy Symposium.In domestic company news, shares of SATS (SGX:S58) surged over 11% after the company booked a profit attributable to owners of SG$65.0 million in the fiscal first quarter, compared with an attributable loss of SG$29.9 million in the year-ago period.Pacific Radiance (SGX:RXS) surged nearly 10% after the company landed two contracts worth around $40.8 million in the Middle East, through its subsidiary.Meanwhile,  Nordic Group (SGX:MR7) was up nearly 2% after it secured SG$32.6 million worth of contracts.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":4,"commentSize":1,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2461817108"}