STI ends flat despite heightened investor optimism

29 Dec 2020 - The Business Times
LOCAL shares ended the first day of the week on a slightly dour note, even as other Asian markets rose on the back of US President Donald Trump signing the Covid-19 pandemic relief and spending bill. The benchmark Straits Times Index (STI) dipped 0.1 per cent or 1.9 points to finish the day at 2,840.14. ...
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Singapore stocks dip on Monday, STI down 0.1% at 2,840.14

28 Dec 2020 - The Business Times
LOCAL shares ended the first day of the week on a slightly dour note, even as other Asian markets rose on the back of US President Donald Trump signing the Covid-19 pandemic relief and spending bill. The benchmark Straits Times Index (STI) dipped 0.1 per cent or 1.9 points to finish the day at 2,840.14. ...
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Singapore stocks open lower on Wednesday; STI down 0.7%

23 Dec 2020 - The Business Times
SINGAPORE shares opened lower for the third straight day on Wednesday, amid mounting concerns over the fast-spreading novel coronavirus variant in Britain as well as underwhelming US economic data following a spike in local infections and deaths. The Straits Times Index (STI) fell 18.9 points or 0.7 ...
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Market Update: STI ends choppy trading week in the red

14 Dec 2020 - Singapore Business Review
The Straits Times Index closed the week down by 3.26 points or 0.12% at 2,821.70. For the week, STI plunged by 0.64% as investors' sentiment drifted by the news on the US coronavirus stimulus deal, and ongoing Brexit uncertainty. Top stock losers were Yangzijiang Shipbuildings Holdings down by 2.55%, ...
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Singapore stocks open higher on Friday; STI up 0.4%

11 Dec 2020 - The Business Times
SINGAPORE shares opened higher on Friday even as uncertainties around Brexit and a US stimulus impasse continue to weigh on investor sentiment. The Straits Times Index (STI) gained 12.25 points or 0.4 per cent to 2,837.21 as at 9.01am. Gainers outnumbered losers 89 to 41, after 47.5 million securities ...
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Singapore stocks open lower on Thursday; STI down 0.4%

10 Dec 2020 - The Business Times
SINGAPORE stocks opened weaker on Thursday, in line with regional trends and overnight declines on Wall Street. The Straits Times Index (STI) was down 0.4 per cent or 10.85 points to 2,832.22 points as at 9.02am Losers outnumbered gainers 73 to 47, after 58.3 million securities worth S$50.6 million changed ...
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Singapore stocks open higher on Wednesday; STI up 0.2%

9 Dec 2020 - The Business Times
SINGAPORE stocks opened higher on Wednesday, tracking overnight gains on Wall Street where major indices hit new records. The Straits Times Index (STI) gained 0.2 per cent or 6.52 points to 2,832.15 as at 9.02am. Gainers outnumbered losers 98 to 32 after 55 million securities worth S$36.5 million changed ...
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Yangzijiang undervalued, set to bottom out, says DBS

5 Dec 2020 - The Business Times
Singapore YANGZIJIANG Shipbuilding (YZJ) is a "conviction buy", DBS Group Research said on Friday, as it noted that the company's shares have been underperforming, with value emerging. In a research note, DBS analyst Ho Pei Hwa said that YZJ is trading at an "unjustifiably low" 0.5 time price-to-book ...
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Broker's take: Yangzijiang undervalued, set to bottom out, says DBS

4 Dec 2020 - The Business Times
YANGZIJIANG Shipbuilding (YZJ) is a "conviction buy", DBS Group Research said on Friday, as it noted that the company's shares have been underperforming, with value emerging. In a research note, DBS analyst Ho Pei Hwa said that YZJ is trading at an "unjustifiably low" 0.5 times price-to-book value (P/BV). ...
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Singapore stocks open higher on Friday; STI up 0.1%

4 Dec 2020 - The Business Times
SINGAPORE shares inched higher on Friday when markets opened, amid mixed trading on regional bourses and Wall Street overnight. The Straits Times Index (STI) was up 4.05 points or 0.1 per cent at 2,826.39 as at 9.01am. Gainers outnumbered losers 84 to 30, after 60.9 million securities worth S$54.1 million ...
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