Singapore market opened 1.43 per cent or 41.20 points higher at 2,914.20, due to possible US Federal Reserve delay in interest rate hike.
STI up more than 2%.
- Hupsteel & Union Steel swings down for Q4, full-year.
- IEV unit has filed writ against Indonesian company.
- GuocoLand Q4 profit down by 42%.
- Imperium Crown's net profit has gone up by S$11.98m for year ended June.
- Guocoland reported a 42 per cent break in net profit for the fourth quarter ended June 30, 2015, to S$107.31 million.
- Union Steel Holdings fourth-quarter results down with a net loss of S$8.4 million.
- Hupsteel had a net loss of S$9.3 million for the fourth quarter, due to an inventory write-down, a goodwill write-off and provision for doubtful debts.
- Asian stocks are up as Wall Street rally calms markets, & dollar surges.
- Dollar gains due to Wall St rebounds from 6-day rout.
- China interbank liquidity crunch has eased, but relief may be fleeting.
- Greece's Tsipras rules out at forming national unity government.
- Oil went down after mixed US petroleum supply report.
- Gold has started struggling as equities recover after China rate cut.
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