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CGS-CIMB downgrades Jardine Matheson to 'hold'

3 Dec 2020 - The Business Times
Singapore JARDINE Matheson Holdings (JMH) has been downgraded to "hold" by CGS-CIMB in a research note on Tuesday, as it believes the shares have already priced in short-term recovery expectations. Shares of JMH closed at US$54.06 on Wednesday, down US$0.46 or 0.84 per cent from the previous close. However, ...
sgx:c07 sgx:p5p sgx:t39 sgx:h78 sgx:qr9 sgx:j36 sgx:d01

Broker's take: CGS-CIMB downgrades Jardine Matheson to 'hold'

2 Dec 2020 - The Business Times
JARDINE Matheson Holdings (JMH) has been downgraded to "hold" by CGS-CIMB in a research note on Tuesday, as it believes the shares have already priced in short-term recovery expectations. Shares of JMH were trading at US$53.47 as at 11.35am on Wednesday, down US$1.05 or 1.9 per cent from the previous ...
sgx:c07 sgx:p5p sgx:t39 sgx:h78 sgx:qr9 sgx:j36 sgx:d01

Market Update: STI starts December trade with gains

2 Dec 2020 - Singapore Business Review
The Straits Times Index ended the Tuesday trade up by 8.17 points or 0.29% at 2,814.12. The recovery was in react to the latest economic data of China, recording the fastest growth of factory activity in a decade last month. The gain was also boosted by the investor's sentiment after pharmaceutical company ...
sgx:d05 sgx:h78 sgx:j37 sgx:j36

Daily Markets Briefing: STI marks highest monthly gain, despite losses on Monday

1 Dec 2020 - Singapore Business Review
The Straits Times Index shed 49.87 points or about 1.75%, to finish trading at 2,805.95 on Monday. Despite its slump at the start of the trading week, STI recorded its highest monthly gain since 2009, thanks largely to the optimism of investors that COVID-19 vaccines will be rolled out soon. Top stock ...
sgx:c07 sgx:h78 sgx:es3

Singapore shares fall despite Wall Street advance; STI down 0.8%

25 Nov 2020 - The Business Times
LOCAL shares ended Wednesday in the red, having given up their gains from earlier on in the trading day as investor optimism waned. The benchmark Straits Times Index closed 0.8 per cent or 22.08 points lower at 2,869.55, with decliners outnumbering advancers 288 to 227 after 3.31 billion securities worth ...
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Stocks to watch: Jardine Matheson, Hongkong Land, FLCT, SPH, Prime US Reit

6 Nov 2020 - The Business Times
THE following companies saw new developments that may affect trading of their securities on Friday: Jardine Matheson Holdings: It reported declining net profits for the third quarter of 2020 from a year ago. Compared with Q2 however, the group saw improvement in many of its businesses, thanks in part ...
sgx:d05 sgx:h78 sgx:j36 sgx:c31 sgx:41a sgx:buou sgx:bwqu sgx:t39 sgx:au8u sgx:o39 sgx:oxmu sgx:s68 sgx:u11

Singapore shares end week in the black, tracking Wall Street gains; STI up 0.4%

23 Oct 2020 - The Business Times
LOCAL shares finished the week on a high, in tandem with Wall Street stocks that rose on hopes of a stimulus package. Market watchers noted that the final US presidential debate on Friday was less chaotic than the first, but offered little in terms of new information on which way the vote counts were ...
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STI claws back losses from previous days' fall, rises 0.72%

23 Sep 2020 - The Business Times
SINGAPORE shares tracked US gains to snap its four-day losing streak on Wednesday. "Stabilisation had been noted for US equities after the broad-based sell-off at the start of the week," said IG market strategist Pan Jingyi. But it remains to be seen whether these gains will be sustained, she said. Investors ...
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