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Phillip Capital Morning Note

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Publish date: Wed, 03 Oct 2018, 09:41 AM
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Trader news and research articles

Sembcorp is only bidder for Hyflux's Tuaspring plant.

Singtel launches network for roaming mobile wallets in Asia

Wheelock Properties hits 90% delisting threshold.

Rupiah slides to lowest point against the dollar since 1998. The currency has tumbled almost 10 percent this year as rising U.S. interest rates have boosted the dollar and Indonesia’s current-account deficit has left the economy exposed to the financial turmoil that afflicted Turkey and Argentina.

Singapore bond market stuns with quadrupling of issue value. September was particularly strong, with S$3.7 billion in deals, mainly from banks and government entities; it was also the best month since the S$3.8 billion printed in October 2017.

Source: CNBC, Bloomberg, Reuters, Business Times, Phillip Securities Research

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