INDEX stock Yangzijiang Shipbuilding was up after the group announced on Wednesday that it had recently secured agreements to build and deliver 14 vessels with a total contract value of US$715 million.

Yangzijiang Shipbuilding Holdings has secured US$715 million ($961.8 million) worth of orders for the building and delivery of 14 vessels on June 23. The new orders add on to its best year since 2008. Year-to-date 2021, the group has received order wins for 89 vessels worth US$4.72 billion, the high...

THE following companies saw new developments that may affect trading of their securities on Thursday:

YANGZIJIANG Shipbuilding on Wednesday announced that it had recently secured agreements to build and deliver 14 vessels with a total contract value of US$715 million.

Global fund flows into environmental, social and governance (ESG) investments have seen a flood of money, but the path towards net zero emissions remains narrow, say analysts. Fund flows into the ESG investment theme have built significant momentum in the past few years, writes UOB Kay Hian Research...

UOB Kay Hian has added NYSE-listed Sea Limited and transport operator ComfortDelGro (CDG) to its Alpha Picks for the month of June after its portfolio beat the benchmark Straits Times Index (STI) in May with a 1.5% month-on-month (m-o-m) decline compared to the latter’s 1.7% m-o-m decline. “Foll...

UOB Kay Hian reports a divergence in institutional and retail investors' behaviour in May, while the Straits Times Index (STI) saw an overall “stable” month after picking up from a mid-month dip to 3,032 to close at 3,164 on May 31. According to analyst Adrian Loh and the Singapore research team...

Photo: Stock photo DBS Group Research analysts Yeo Kee Yan, Janice Chua and Chung Wei Le have lifted their year-end target for the benchmark Straits Times Index (STI) to 3,325, 4.5% higher from their previous estimate of 3,180. The team’s current estimate is pegged to 13.48 times (+0.25 standard d...

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