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, ...
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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 ...
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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 ...
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Singapore stocks end week in the red; STI down 0.1%

27 Nov 2020 - The Business Times
SINGAPORE shares ended the week in negative territory, marking the third consecutive day of declines. The local stock market saw a directionless trading session, as the US market's closure due to Thanksgiving gave investors little in terms of news and updates. The benchmark Straits Times Index fell 0.1 ...
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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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STI tracks Wall Street to gain 1.3%, sealing 3.7% gain over the week

20 Nov 2020 - The Business Times
THE Straits Times Index (STI) gained 36.01 points or 1.3 per cent to 2,813.01 on Friday, on the back of a modest overnight rebound by US stocks that was led by tech stocks. On the Singapore bourse, about 2.78 billion shares worth S$1.52 billion changed hands. Gainers outnumbered losers 322 to 125. The ...
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STI up for third straight session on Singapore's economic recovery hopes

18 Nov 2020 - The Business Times
IT WAS a third consecutive day of trading gains for the Singapore benchmark Straits Times Index (STI), which kept up its momentum, adding 10.04 points or 0.36 per cent to 2,788.59. This was despite the retreat of US stocks on Tuesday. Gainers outnumbered losers 243 to 199, while some 2.1 billion securities ...
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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 ...
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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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Singapore stocks edge up despite Wall Street retreat; STI up 0.1%

22 Oct 2020 - The Business Times
LOCAL equities inched up on Thursday as traders continued to harbour hopes of a fiscal stimulus package ahead of the upcoming US presidential election. AxiCorp's chief market strategist Stephen Innes said that investors are now "suffering a severe case of stimulus talk exhaustion", and more people are ...
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