Market

Trending

Maybank Kim Eng says ComfortDelGro's defensive revenue makes it a "buy"

18 May 2020 - The Edge Markets
SINGAPORE (May 18): Maybank Kim Eng has reinitiated coverage on ComfortDelGro with a “buy” call and price target of $1.99, thanks to its “defensive” revenue model, decent yield, and growth prospects over the long term. While CDG’s taxi business has been hurt from the Covid-19 outbreak, that’s a relatively ...
sgx:c52 klse:1155

STI ekes out slight gain on positive China data

16 May 2020 - The Business Times
THE Straits Times Index (STI) eked out a slight gain of 1.24 points or 0.05 per cent to finish Friday at 2,523.55, which still translates to a 2.6 per cent retreat overall this week. This came on the back of positive data from China showing that the country's industrial output rose 3.9... To continue ...
klse:0080 sgx:t39

STI ekes out slight gain on positive China data

15 May 2020 - The Business Times
THE Straits Times Index (STI) eked out a slight gain of 1.24 point or 0.05 per cent to finish Friday at 2,523.55 - which still translates to a 2.6 per cent retreat overall this week. This came on the back of positive data from China showing that the country’s industrial output rose 3.9 per cent in April ...
sgx:b69 sgx:s58 klse:0080 sgx:u96 sgx:s45u sgx:c52 sgx:c6l sgx:t39

Singapore shares edge up at Friday's open, tracking Wall St rally; STI up 0.7%

15 May 2020 - The Business Times
SINGAPORE stocks opened stronger on Friday, after Wall Street staged a comeback overnight, as recovery hopes offset pandemic fears. On the Singapore bourse, the benchmark Straits Times Index (STI) gained 18.45 points or 0.7 per cent to 2,540.76 as at 9.01am. Gainers outnumbered losers 138 to 25, after ...
sgx:o39 sgx:u11 klse:3182 klse:0080 sgx:y92 sgx:n2iu usx:grr sgx:d05 sgx:g13 klse:7146 sgx:e28 sgx:5cp sgx:awx sgx:ud2 sgx:c6l

Daily Markets Briefing: STI down 1.93%

15 May 2020 - Singapore Business Review
SIA saw the sharpest decline amongst top active stocks with a 4.75% contraction. The Straits Times Index ended 41.7 or 1.93% lower at 2,522.31. The top active stocks were DBS, which edged down 1.66%, SIA, which fell 4.75%, OCBC Bank, which dipped 1.7%, UOB, which slipped 1.47%, and Singtel with a 1.48% ...
sgx:es3 sgx:o39 sgx:u11 sgx:z74 klse:0080 sgx:c6l sgx:d05

Singapore stocks drop, SIA takes a beating

14 May 2020 - The Business Times
SINGAPORE shares continued south on Thursday after the US Federal Reserve chairman Jerome Powell warned that the economic outlook was uncertain and downside risks remained significant. The Straits Times Index (STI), which opened at 2,546.64, settled at 2,522.31, down 49.70 points or 1.93 per cent from ...
klse:0080 sgx:40u sgx:c6l

Singapore stocks slip after US retreat; STI opens 1.1% lower

14 May 2020 - The Business Times
SINGAPORE shares fell in the first few minutes of trade on Thursday, extending the previous day's losses following another negative lead from Wall Street overnight. The benchmark Straits Times Index retreated 28.82 points or 1.1 per cent to 2,543.19 as at 9.01am. Losers outnumbered gainers 118 to 25, ...
sgx:o39 sgx:u11 sgx:40s sgx:z74 sgx:e5h klse:3182 klse:0080 sgx:n2iu sgx:o32 usx:grr sgx:d05 sgx:g13 sgx:c6l sgx:t39

Over 280,000 tonnes of gasoline stored on Singapore, Malaysia waters

14 May 2020 - Singapore Business Review
This is on top of 1.96 million barrels of jet fuel now on water. More than 280,000 tonnes (2.4 million barrels) of gasoline are sitting on Singapore and Malaysia waters, three trade sources told Reuters. An additional three more ships loaded with gasoline joined the earlier flock of ships anchored off ...

Genting's EBITDA plunged 55% to $146.89m in Q1

14 May 2020 - Singapore Business Review
Its flagship property Resorts World Sentosa took a severe hit from the pandemic. Genting Singapore saw its adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) crash 55% YoY to $146.89m in Q1 from $329.68m in 2019, an SGX filing revealed. Specifically, the adjusted EBITDA of ...
sgx:s68 lse:rws klse:3182 sgx:g13

Stocks to watch: DBS, SIA, Genting, Olam, Golden Agri, Perennial, SPH

14 May 2020 - The Business Times
THE following companies saw new developments that may affect trading of their shares on Thursday: DBS: DBS's POSB has recorded a jump of almost four times in the number of account openings for migrant workers in April, as the Covid-19 pandemic adds to the urgency for migrant workers to have access to ...
sgx:s58 sgx:40s sgx:e5h klse:3182 sgx:u96 sgx:o32 sgx:s45u sgx:mu7 sgx:d05 sgx:g13 sgx:m44u usx:baba sgx:c52 sgx:c6l sgx:t39