STI stay with Fall

The STI dropped 0.74% with 24.64 points to 3311.37 .

Singapore Telecommunications Ltd's shares biggest loser with 5.3% fall.

Singapore Press Holdings also fall 2.06 % to Sg$4.27.

 But DBS Bank up 1.12% at Sg$17.16.

A spike in bond yields appeared to be the key factor behind the fall in share prices of Singapore-listed telecoms, Daiwa Capital Markets said in a report dated May 30.

"We find Singapore, Malaysia and Philippines telecom stocks to be vulnerable to yield spikes," it said.

The rallies seen among defensive stocks in ASEAN telecoms over the past three years had more do with falling risk premiums rather than changes in earnings outlooks, it said. As such, the recent spike in 10-year bond domestic yields in various ASEAN markets is a matter of concern, it said.

STI 5 weeks low with Property Bank Fall

SGX shares fall down lowest in 5 weeks. 
The STI dropped 1.4% to S$3,321.08 while MCSI's broadest index also show 0.5% down.

Global Logistic Properties falls 4.6 % to S$2.72 become biggest loser in STI. 

CapitaMall Trust also down 2.8%.

In Banking, United Overseas Bank dropped 3.6%. 

DBS Group Holdings also down 2% at S$16.77.

STI Flat with United Fiber, Tat Hong Profit

SGX shares got little changed just after a 5 yrs high score in last week. The STI traded flat while MSCI's broadest index shed 0.1 %.

Golden Agri-Resources Ltd's shares rose 1.7% to 1 week high f S$0.585. 

United Fiber System Ltd's equities get 23% to S$0.037 with posted a $15.6 million profit in Q1. It also boosted by a $16.9 million gain on the de-consolidation of its subsidiary, Poh Lian Construction. United Fiber come top traded stock by volume. 

Tat Hong Holdings Ltd shares also rose 1.3% to S$1.53 with posted net profit of S$18.6 million in Q1.

STI Up with SG Press Gains

STI shares get narrow up with Singapore Press Holdings Ltd in biggest gainers, as plan to establish and list a real estate investment trust (REIT).

The STI up with 0.2% to 3,403.63 while MSCI's broadest index get down 0.2 %.

Singapore Press Holdings (SPH) shares gained as much as 3.9 percent to a seven-week high of S$4.56. It was the most traded stock by value on Tuesday. The company aims to make S$1.048 billion ($829 million) by selling part of a REIT whose assets are two shopping malls.

Sembcorp Marine Ltd also rose as much as 1.6 % to S$4.48. Shares in Yoma Strategic Holdings Ltd jumped as much as 6 percent to a three-month high of S$0.88 on Tuesday, after brokerages upgraded the property developer on upbeat business prospects in Myanmar.

Yoma reported a net profit of S$11.5 million for the quarter ended March 31, up from S$2.1 million a year earlier, boosted by an increase in sales of residences and land development rights in Myanmar.

Yoma's involvement in Myanmar's telecommunication and agriculture industries could propel its share prices higher, analysts also said. The shares have risen nearly 22 percent so far this year, beating a 6.7 percent gain in the sector index.

Soilbuild Up 56% with Huge Volume in SGX

Soilbuild Construction Group Ltd's equities move up 56% on its debut in Singapore. It rise up S$0.39 from its offer price of S$0.25. Soilbuild Group also offers new 168M shares to raise nearly S$40 million. It had got two contracts in Myanmar. Its also expects to further expand. The company has a total market value of about S$259 million.

STI on 61.2 pt down fall

On 23 May, SGX noticed 1.77% fall and got closed on 3393.17. It was approxed 61.20 pt fall. It may cause due to effect of other share markets.

Keppel REIT fall down SGX Live

Keppel REIT's units fell down up to 2% with just Keppel Corporation Ltd would sell a 6.7 % stake in the trust for S$280 million.

Price down notice after a 5-1/2-year high of S$1.63 last week, outperforming a 13 % rise in the sector index.

Keppel REIT alive at S$1.57 per unit 7 sell price of $1.555 for the 180 million units or 6.7 percent of the total issued units. it remained positive on Keppel REIT because of the trust's strong office portfolio in Singapore, and retained its target price of S$1.64.