Advertisement
SIA Group Q1 Profit Surges
(RTTNews) - SIA Group Ltd. reported that its first-quarter net profit soared 98.4 percent to S$734 million from S$370 million in the prior-year quarter. This was primarily driven by robust demand for air travel through the mid-year school holidays and the start of the summer travel season.
Operating profit grew 35.8 percent to S$755 million from S$556 million in the prior year.
Total group revenue for the quarter increased 14.0 percent year-on-year to S$4.48 billion, as higher passenger flown revenue was partially offset by a decline in cargo flown revenue.
The SIA Group said its capacity remains on track to reach an average of around 90 percent of pre-Covid6 levels by March 2024.
read more
Sensex, Nifty Open Higher On Firm Global Cues; IT Stocks Lead Gains
Indian shares opened higher on Monday, mirroring positive cues from global markets amid renewed optimism over a potential U.S. Federal Reserve rate cut.
RTTNews
|
31分前
Australian Market Slashes Early Gains In Mid-market
The Australian stock market is slashing its early gains in mid-market trading on Monday, recouping the losses in the previous session, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving up to near the 9,000.00 mark, with gains across most sectors led by mining and technology stocks. Financial stocks were the only weak spot.
RTTNews
|
1時37分前
Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Monday, following the broadly positive cues from Wall Street on Friday, on an improved outlook for interest rates after US Fed Chair Jerome Powell's dovish comments at the conference in Jackson Hole on Friday. Powell said economic risks are 'shifting' and a rate cut may be warranted. Asian markets closed mixed on Friday.
RTTNews
|
1時54分前
Sensex, Nifty Seen Higher On Dovish Fed Comments
Indian shares are seen opening higher on Monday as traders react to Fed Chair Jerome Powell's dovish comments at the conference in Jackson Hole.
RTTNews
|
2時34分前
Thai Shares Tipped To Open To The Upside On Monday
The Thai stock market has finished higher in two of three trading days since the end of the four-day losing streak in which it had slumped more than 40 points or 3.5 percent. The Stock Exchange of Thailand now sits just above the 1,250-point plateau and it's poised to extend its gains on Monday.
RTTNews
|
3時4分前
Japanese Market Notably Higher
The Japanese stock market is trading notably higher on Monday, extending the gains in the previous session, following the broadly positive cues from Wall Street on Friday, with the Nikkei 225 moving well above the 42,850 level, with gains across most sectors led by index heavyweights and technology stocks.
RTTNews
|
3時16分前
Indonesia Stock Market May End Losing Streak On Monday
The Indonesia stock market has moved lower in two straight sessions, slipping almost 85 points or 1.1 percent along the way. The Jakarta Composite Index now sits just shy of the 7,860-point plateau although it's likely to stop the bleeding on Monday.
RTTNews
|
3時34分前
Australian Market Notably Higher
The Australian stock market is notably higher on Monday, recouping the losses in the previous session, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving well above the 9,000.00 mark, with gains across most sectors led by mining and technology stocks. Financial stocks were the only weal spot.
RTTNews
|
3時35分前
