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Market View: Seatrium to replace Keppel DC Reit on STI; Digital Core Reit and Chapter 11 filing of Cyxtera; Philippines AirAsia seeking to revive IPO plans; UBS to seal takeover of Credit Suisse as soon as June 12
Singapore shares opened higher today after the deal to avert a US debt default was concluded, pushing equities in the global markets higher. The Straits Times Index (STI) was up 1.5 per cent to 3,214.06 points in early trade after 133.3 million securities changed hands in the broader market. In terms of companies to watch, we have Seatrium and Keppel DC Reit. That’s with Seatrium set to replace Keppel DC Reit on the benchmark Straits Times Index from June 19, following the latest quarterly review of the STI by FTSE Russell. Also in focus today – Digital Core Reit, after its manager warned…
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