The Straits Times
Gainers outnumbered losers 300 to 177 on trade of 1.56 billion shares worth $1.15 billion.PHOTO: ST FILE
PublishedJun 23, 2021, 9:19 pm SGT
https://str.sg/34VG
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The stock of Ascendas Real Estate Investment Trust (OTCPK:ACDSF, 30-year Financials) is believed to be fairly valued, according to GuruFocus Value calculation.
BENGALURU (May 5): Thai equities and the baht weakened on Wednesday as investors caught up with the grim news of a resurgence in Covid-19 infections in the country shortly after it resumed trade, while its central bank stood pat on interest rates.
In a data-heavy day for Asia, most currencies traded flat to lower against the US dollar, while equities in the Philippines and Singapore slid around 1% each.
The baht weakened and stocks tumbled almost 2% to mark their worst day in three months as the economy battled fresh Covid-19 infections, dampening hopes of a recovery in trade and tourism.
The Bank of Thailand (BoT) left interest rates at a record low of 0.50%, as expected, citing limited policy room in the face of the latest Covid-19 wave and warned that fiscal 2021 growth could come in lower than forecast.
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Singapore Reporter/s
In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digi
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