|Bid||9.85 x 0|
|Ask||9.86 x 0|
|Day's range||9.84 - 9.89|
|52-week range||8.93 - 11.11|
|Beta (5Y monthly)||0.27|
|PE ratio (TTM)||25.26|
|Earnings date||04 Feb 2022|
|Forward dividend & yield||0.32 (3.23%)|
|Ex-dividend date||06 May 2022|
|1y target est||10.39|
The Singapore Exchange has announced a collaboration with the New York Stock Exchange that will include efforts to develop new exchange traded funds, as well as environmental, social and governance products. The two bourses signed a memorandum of understanding last week that outlines the focus areas of the partnership, which will include dual listings of companies on both exchanges and supporting index product development at SGX and NYSE affiliate company ICE Data Indices. The agreement aims to “address the growing complex needs” of market participants and investors, according to Loh Boon Chye, chief executive of SGX Group.
Singapore-based private securities platform ADDX said it has become the first financial firm in the city-state to recognise cryptocurrency in their assessment of assets of high-net worth clients. The move underscores the growing acceptance of digital currencies among financial services firms as they seek to tap a wide array of investors. ADDX, whose backers include Singapore Exchange, said in a statement on Wednesday that it would recognise only cryptocurrencies with a higher market value and would apply discount rates when valuing these assets.
Ismail Gafoor (centre) and the PropNex top management (Photo: Samuel Isaac Chua/EdgeProp Singapore)SINGAPORE (EDGEPROP) - Singapore-listed property agency PropNex reported earnings of $14.3 million for the 4Q2021 ended December, 90.5% higher than earnings of $7.5 million in the same period the year before.The quarter’s earnings have brought the SGX-listed property agency’s FY2021 earnings to $60.0 million, more than double the earnings of $29.1 million in the FY2020.Revenue for the 4QFY2021 grew