Singapore Shares Rise Amid Expected Interest Rate Cuts By European Central Bank; Powermatic Down 3%
Singapore Shares Rise Amid Expected Interest Rate Cuts By European Central Bank; Powermatic Down 3%
Singapore's Straits Times Index rose on Tuesday, following overnight gains in the European markets in anticipation of upcoming interest rate cuts by European Central Bank.
新加坡海峡时报指数周二上涨，此前由于预计欧洲央行即将降息，欧洲市场隔夜上涨。
During the day, the benchmark Singapore Strait Times Index ranged between 3,320.20 and 3,335.61, ending 0.35% or 11.64 points higher at 3,330.09.
当天，基准新加坡海峡时报指数在3,320.20至3,335.61之间，收盘上涨0.35％或11.64点，至3330.09点。
In company news, Powermatic (SGX:BCY) was down over 3% after it booked an attributable loss to owners of SG$2.9 million for six months ended March 31, compared with an attributable profit of SG$3.8 million in the year-ago period.
在公司新闻方面，Powermatic（新加坡证券交易所股票代码：BCY）下跌了3％以上，此前该公司在截至3月31日的六个月中向所有者登记了290万新元的应占亏损，而去年同期的应占利润为380万新元。
Shares of ISOTeam (SGX:5WF) were up nearly 2% after the company outlined plans to undertake a capital reduction exercise by canceling roughly SG$25 million of its issued and paid up capital which has been lost and unrepresented by available assets.
IsoTeam（新加坡证券交易所股票代码：5WF）的股价上涨了近2％，此前该公司概述了进行资本削减的计划，取消了约2500万新元的已发行和实收资本，这些资本已经流失，没有可用资产代表。
Shares of Ley Choon Group Holdings'(SGX:Q0X) were down over 3% even though its profit attributable to owners increased 21% in the fiscal second half after revenue improved due to higher construction activities in road works and cable laying projects.
Ley Choon Group Holdings（新加坡证券交易所股票代码：Q0X）的股价下跌了3％以上，尽管由于道路工程和电缆铺设项目的施工活动增加，收入有所改善，其归属于业主的利润在下半年增长了21％。