Singapore shares lack mojo but find some hope in PM Lee's address

2 Sep 2020 - The Business Times
SINGAPORE shares ended a tad firmer, but upside was capped by analysts' warnings that the high market valuations inspired by the technology rally in the US may lead to profit-taking. Investors were mostly sidelined ahead of the US Fed's publication of its Beige Book report on the state of the economic ...
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Stocks to watch: Sembcorp, SK Jewellery, SGX, Raffles Education, Genting

2 Sep 2020 - The Business Times
THE following companies saw new developments that may affect trading of their shares on Wednesday: Sembcorp Industries: The mainboard-listed firm is divesting its 32 per cent stake in joint venture company Shenzhen Chiwan Sembawang Engineering to Chixiao Enterprise, for a gross consideration of 150 million ...
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Daily Markets Briefing: STI up 0.24%

2 Sep 2020 - Singapore Business Review
Medtecs International led the gains amongst top active stocks with a 1.97% expansion. The Straits Times Index ended 6.04 or 0.24% higher at 2,538.55. The top active stocks were Medtecs International, which grew 1.97%, DBS, which remained flat, Singtel which remained unchanged, UOB, which rose 0.26% and ...
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Singapore stocks open lower on Tuesday; STI down 0.5%

1 Sep 2020 - The Business Times
SINGAPORE shares opened lower on Tuesday, amid a largely weaker set of second-quarter results from corporates, and concerns over growing protectionist calls in the Republic. On Monday, Member of Parliament Patrick Tay called for the minimum qualifying salary for Employment Pass holders in the infocomm ...
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Stocks to watch: Keppel, Sabana Reit, ESR-Reit, OCBC, DBS, Wing Tai, CDLHT

31 Aug 2020 - The Business Times
THE following companies saw new developments that may affect trading of their securities on Monday: Keppel Corporation: Keppel, which owns a 40 per cent stake in upstream oil and gas company KrisEnergy, on Sunday said it is prepared to support the final restructuring proposal of the debt-hit firm. KrisEnergy ...
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Singapore shares rise at Monday's open; STI up 0.7%

31 Aug 2020 - The Business Times
SINGAPORE stocks opened higher on Monday led by gains in banks and other index counters after Wall Street stocks climbed on Friday. Singapore's Straits Times Index (STI) rose 0.7 per cent or 18.5 points to 2,558.13 as at 9.04am. Gainers outnumbered losers 122 to 48, after 148.8 million securities worth ...
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Daily Markets Briefing: STI down 1.78%

29 Aug 2020 - Singapore Business Review
OCBC Bank saw the sharpest decline amongst top active stocks with a 3.82% contraction. The Straits Times Index ended 44.91 or 1.78% lower at 2,484.91. The top active stocks were Medtecs International, which jumped 12.22%, DBS, which fell 1.62%, Singtel, which slipped 1.21%, UOB, which dropped 1.65%, ...
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STI ends trading week up 0.79% ; investors seek comfort in Fed's latest policy move

28 Aug 2020 - The Business Times
SINGAPORE stocks ended the week higher as investor sentiment was lifted by the Federal Reserve's move to prioritise a strong job market over inflation in its new approach to monetary policy. Local investors reacted to the news of low interest rates for the foreseeable future, causing the benchmark Straits ...
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Singapore stocks extend rally; STI resumes afternoon up 1.7%

28 Aug 2020 - The Business Times
EXPECTATIONS that US interest rates will stay lower for longer lifted Singapore shares on Friday, in line with most Asian markets. Stephen Innes, chief global markets strategist at AxiCorp, said in a research note on Friday that the Fed's latest policy move is being viewed favourably for Asia today as ...
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Singapore stocks advance after US inflation policy shift; STI up 1% at open

28 Aug 2020 - The Business Times
SINGAPORE shares were pulled into positive territory on Friday, tracking a Wall Street rally overnight after Federal Reserve chair Jerome Powell announced changes designed to give the US central bank more flexibility on monetary policy. On the Singapore bourse, the benchmark Straits Times Index (STI) ...
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