SG Morning Highlights: MAS to pilot project in financial asset tokenisation
Good morning mooers! Here are things you need to know about today's Singapore:
●Singapore shares opened higher on Wednesday; STI up 0.30%
●MAS to pilot project in financial asset tokenisation
●Stocks to watch: Singtel, Keppel Corp, Chip Eng Seng, SIA
●Latest share buy back transactions
-moomoo News SG
Market Trend
Singapore shares opened higher on Wednesday. The $富時新加坡海峽指數(.STI.SG)$increased 0.30 per cent to 3,242.13 as at 9:00 am.
Advancers / Decliners is 67 to 34, with 60.35 million securities worth S$138.8 million changing hands.
●Singapore shares opened higher on Wednesday; STI up 0.30%
●MAS to pilot project in financial asset tokenisation
●Stocks to watch: Singtel, Keppel Corp, Chip Eng Seng, SIA
●Latest share buy back transactions
-moomoo News SG
Market Trend
Singapore shares opened higher on Wednesday. The $富時新加坡海峽指數(.STI.SG)$increased 0.30 per cent to 3,242.13 as at 9:00 am.
Advancers / Decliners is 67 to 34, with 60.35 million securities worth S$138.8 million changing hands.
Breaking News
MAS to pilot project in financial asset tokenisation
THE Monetary Authority of Singapore (MAS) will pilot an industry project to explore tokenisation of financial assets and develop finance infrastructure, signalling that while the crypto asset space is highly risky, it should be approached with an open mind, Deputy Prime Minister Heng Swee Keat said on Tuesday (May 31).
MAS to pilot project in financial asset tokenisation
THE Monetary Authority of Singapore (MAS) will pilot an industry project to explore tokenisation of financial assets and develop finance infrastructure, signalling that while the crypto asset space is highly risky, it should be approached with an open mind, Deputy Prime Minister Heng Swee Keat said on Tuesday (May 31).
"The way to approach Web 3.0 is to keep an open mind," said Heng. "We must pierce through both the hubris and the veil of suspicion, to understand the potentially transformative underlying technologies. Let us not throw out the baby with the bath water."
DPM Heng was speaking at the opening of the Asia Tech x Singapore Summit 2022, a regional technology-focused conference.
Stocks to Watch
$Singtel (Z74.SG)$ ：Singtel on Friday reported S$994.5 million in net profit for its second half ended March, up more than 10 times from S$87.6 million in H2 FY2021, as the group's exceptional items turned positive, from a net exceptional loss booked the previous year.
$Keppel (BN4.SG)$ : Keppel Corporation announced Tuesday (May 31) that wholly-owned subsidiary Keppel Seghers Engineering Singapore (KSES) has commenced arbitration proceedings against the Qatar Public Works Authority (PWA).
$Chip Eng Seng (C29.SG)$ : Chip Eng Seng Corporation announced Tuesday (May 31) that wholly-owned subsidiary CES Engineering & Construction has been awarded a S$173.5 million contract by the Housing and Development Board (HDB).
$SIA (C6L.SG)$ : BOEING has reached out to Singapore Airlines to discuss potential compensation for failing to deliver its long-delayed 777X aircraft on time, according to the chief executive officer of the city-state’s flag carrier.
Latest Share Buy Back Transactions
Stocks to Watch
$Singtel (Z74.SG)$ ：Singtel on Friday reported S$994.5 million in net profit for its second half ended March, up more than 10 times from S$87.6 million in H2 FY2021, as the group's exceptional items turned positive, from a net exceptional loss booked the previous year.
$Keppel (BN4.SG)$ : Keppel Corporation announced Tuesday (May 31) that wholly-owned subsidiary Keppel Seghers Engineering Singapore (KSES) has commenced arbitration proceedings against the Qatar Public Works Authority (PWA).
$Chip Eng Seng (C29.SG)$ : Chip Eng Seng Corporation announced Tuesday (May 31) that wholly-owned subsidiary CES Engineering & Construction has been awarded a S$173.5 million contract by the Housing and Development Board (HDB).
$SIA (C6L.SG)$ : BOEING has reached out to Singapore Airlines to discuss potential compensation for failing to deliver its long-delayed 777X aircraft on time, according to the chief executive officer of the city-state’s flag carrier.
Latest Share Buy Back Transactions
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