Chuan Hup shares soar 12% after firm proposes special dividend
CHUAN Hup Holdings shares surged at the start of trading on stronger-than-usual turnover on Thursday.
Fed's pause on rate hikes cheers markets
THE Singapore stock market made gains on Thursday, supported by a dovish US Federal Reserve that indicated that there would be no more rate hikes this year.
Singapore shares end 0.2% higher on Thursday
MOST markets in Asia rose on Thursday after a dovish Federal Reserve indicated that there would be no more rate hikes this year. The Fed also lowered its outlook on US economic growth and concerns over US-China trade talks and slowing global growth.
Hot stock: Chuan Hup shares up 12% following proposed special dividend
SHARES in Chuan Hup Holdings were on a tear in Thursday's early session following a proposed special dividend of nine Singapore cents per share for when the company disposes of its stake in PCI Limited...
Singapore market dips on US, China issues
RENEWED pain points between the US and China saw the Singapore stock market dip early, from which it failed to recover as trading remained muted ahead of the US Federal Reserve policy decision.
Singapore shares drop 0.4% on Wednesday
MARKETS in Asia were mixed as investors were jittery on reports that there were renewed tensions between the US and China during trade negotiations and remained cautious ahead of the US Federal Reserve's policy decision later in the day...
Broker's take: RHB upgrades Dairy Farm to 'buy' but lowers target price to US$8.25
RHB Research Institute has upgraded its call on bluechip index constituent Dairy Farm International to "buy", but decreased its target price from US$8.64 to US$8.25...
Market inches up in ho-hum session
LACKING catalysts, the Singapore stock market continued in subdued fashion on Tuesday, though the market managed to close modestly higher, with the Straits Times Index (STI) adding 7.96 points or 0.25 per cent to close at 3,220.92.
Singapore shares gain 0.3% as investors stay on sidelines
LACKING catalysts, markets in Asia closed mostly lower as investors were waiting on the sidelines for the Federal Reserve's policy meeting on Wednesday. That said, Tuesday's session did see profit-taking activity...
Broker's take: Maybank Kim Eng initiates coverage on Sheng Siong with 'sell'
BROKERAGE Maybank Kim Eng has initiated coverage on Sheng Siong Group with a "sell" recommendation and a target price of S$0.95, saying the supermarket chain will not be immune to a slowdown in consumer spending amid an anticipated economic deceleration...
Singapore shares up ahead of Fed meeting
A QUIET Singapore stock market rose slightly on Monday as investors began to turn their eyes towards the US Federal Reserve's mid-week policy meeting...
Singapore shares add 0.4% on Monday
MARKETS in Asia got the week off to a positive start as investors were more optimistic over the outcome of China-US trade talks and had growing confidence that the US Federal Reserve will remain dovish at its policy meeting this week.
Busy week of monetary policy decisions, data releases
IT'S going to be a busy week, with central banks' monetary policy decisions and more economic data releases...
Singapore shares end the week marginally higher
WHILE Brexit dominated the headlines this week, markets in Asia focused mostly on economic data from the US and China.
Singapore shares end flat on Friday, STI up 0.1% on the week
ON Friday, markets in Asia took to news that China assured it will prop up slowing economic growth with fiscal stimulus, and progress on trade talks between the US and China had been made.
Japfa drops 8% amid heavier than usual trading on Thursday
SHARES in agri-food business Japfa Limited dipped amid heavier than usual trading on Thursday.
Mixed day at the office for Asian markets
THE UK government's decision on whether to seek an extension to Article 50 is unlikely to play a heavy hand in influencing the market on Friday. Instead, an approval from the House of Commons to extend the Brexit date will be deemed positive for the pound...
Singapore shares end flat on Thursday
MARKETS in Asia traded mixed on Thursday after a positive session on Wall Street, and as China reported stronger-than-expected foreign direct investment figures but weaker industrial output growth figures.
Broker's take: CGS-CIMB downgrades Japfa to 'reduce' after African swine fever outbreak
CGS-CIMB has downgraded its call on Japfa to "reduce" from "add", and cut its target price for the stock to 63 Singapore cents from 90 cents, saying that the agri-food player faces more downside in the longer term. This comes despite the market already pricing in the effects of...
Asia markets will keep eye on China data
THE RESULT of Wednesday's UK parliamentary vote on Brexit will be among the key events that will play into investors' minds on Thursday - but it is unlikely to take centrestage...
Singapore shares drop 0.5% on Wednesday as Brexit issues and trade deal caution weighs
INVESTORS in Asia broadly exercised caution on Wednesday as they looked to the result of another parliamentary vote on Brexit while attentively waiting for more news on the progress of US-China trade negotiations to surface.
SGX shares continue to fall on heavy trading
SHARES in the Singapore Exchange (SGX) continued to dip on relatively heavy trading on Tuesday.
Asian markets rally in risk-on mood
MUCH focus on Wednesday will be on whether UK Prime Minister's Theresa May's revised Brexit deal has been given the go ahead...
Singapore shares end 0.7% higher on Tuesday
A COMBINATION of further progress in US-China trade talks, UK Prime Minister's Theresa May's revised Brexit deal, and an overnight Wall Street rally sent most markets in Asia higher on Tuesday...
Broker's take: Citi Research downgrades SGX to 'sell' as HKSE's China futures contract product may curb profits
CITI Research has downgraded its call on bourse operator Singapore Exchange (SGX) to "sell" and lowered its target price from S$7.80 to S$7.00 on the Hong Kong Stock Exchange's (HKSE) plans to introduce MSCI China A Index futures, which could eat into demand for SGX's China A50 ...