Trade hopes lift STI, but benchmark down 0.7% on week
SINGAPORE equities turned in a positive showing to close the week out as hopes for a mini trade deal were lifted after a White House official said "enormous progress" has been made.
Singapore shares edge up on Friday, down 0.7% on the week
SINGAPORE equities managed turn in a positive performance to close the week out as hopes for a mini trade deal were lifted after a White House economic aide said "enormous progress" has been made. The latest development eased early week concerns that such an agreement could be breaking down.
Analysts see more upside for Valuetronics following stellar third quarter
BROKERAGES here are largely bullish on the prospects of Valuetronics Holdings.
Investors weighed down by HK chaos
JUDGING from the performance of the Straits Times Index (STI), the Hong Kong factor was evidently felt, with observers increasingly paying more attention to unrest in the territory. The benchmark eased 7.37 points or 0.2 per cent to 3,231.85, pulled down by constituents with deep exposure to the...
Singapore shares lose 0.2% as downward trend continues
JUDGING from the performance of the Straits Times Index (STI), the effect of unrest in Hong Kong was evidently felt. The benchmark, weighed down by constituents with deep exposure to the territory, eased 7.37 points or 0.2 per cent to 3,231.85.
Brokers' take: More earnings upside seen for Valuetronics
BROKERAGES here are largely bullish on the prospects of Valuetronics Holdings, increasing their price targets for the stock after the electronics manufacturer posted Q3 earnings that beat estimates, with more earnings upside tipped for the coming quarters.
Asia slides on HK chaos, trade deal doubts
AS the trading week heads into the home stretch, it is clear that investors are facing another bout of volatility.
Singapore shares skid 0.9% on HK violence, Trump disappointment
WITH the trading week heading into the home stretch, it's clear investors are facing another volatile week of trading, with more US-China trade deal uncertainty and increasingly chaotic scenes in Hong Kong the key factors denting sentiment on Wednesday.
Broker's take: RHB downgrades Singapore Medical Group to 'neutral'
A LACK of near-term catalysts and tepid earnings growth - both of which are likely to send stock prices sideways - has led RHB Research Institute to downgrade Catalist-listed Singapore Medical Group (SMG) to "neutral" with a target price of S$0.36.
Hot stock: SembMarine down 3% after reporting deeper Q3 loss; OCBC downgrade
SEMBCORP Marine (SembMarine) shares were down 3 per cent at Wednesday session's midday break following Q3 earnings that missed street estimates, and OCBC Investment Research lowering its fair value for the rig builder.
Investors wary after Monday's sell-off
AFTER a tepid start to the week, Asian equities were mostly higher on Tuesday ahead of US President Donald Trump's speech on US trade policy, and a potential tariff delay on European autos.
Singapore shares gain 0.8% ahead of Trump's US trade policy speech
SINGAPORE’S Straits Times Index (STI) managed to recover most of its 0.7 per cent loss on Monday closing 27.15 points or 0.8 per cent to 3,267.80.
US-China trade doubts, HK unrest spook investors
SINGAPORE equities got the week off to a rough start after doubts surrounding US-China trade talks surfaced and tensions in Hong Kong were at fever pitch once again.
Singapore shares drop 0.7% on Monday after HK unrest, doubts over US-China trade deal
THE Straits Times Index (STI) could not shrug off those concerns despite better-than-expected earnings from DBS Group Holdings and ST Engineering to end the day at 3,240.65, down 23.65 points or 0.7 per cent.
PhillipCapital, Maybank Kim Eng among brokerages hit by recent DDoS attacks
SPOKESPERSONS from PhillipCapital and Maybank Kim Eng have confirmed with The Business Times that brokers faced disruptions trying to access their trading platforms on the morning of Oct 24.
Singapore shares continue to post gains
MARKET participants like certainty, and with the US Federal Reserve's move to lower interest rates for third time this year, expectations were met.
Singapore shares add 0.7% on Thursday
MARKET participants like certainty - and with the US Federal Reserve's move to lower interest rates for third time this year, expectations were met. But markets were also reminded of slowing global growth as China's official manufacturing and non-manufacturing sector readings showed continued...
STI bucks regional trend ahead of Fed decision
IT WAS a mixed showing for Asian equities ahead of the US Federal Reserve's October monetary policy decisions, with sentiment wavering on worries that the phase one trade deal between the US and China might not be ready in November.
Singapore shares up 0.3% ahead of the Fed rate decision
THE Straits Times Index (STI) was lifted by the banks and the Jardine staple of companies to end the day at 3,207.92, up 10.88 points or 0.3 per cent.
Some brokerages in Singapore hit by DDoS attacks last week
SOME brokerages in Singapore were hit with distributed denial-of-service (DDoS) attacks last week, which resulted in disruption to traders trying to access their brokerage's trading platforms.
Broker's take: UOB Kay Hian initiates coverage on Sasseur Reit with 'buy'; S$0.97 target price
UOB Kay Hian has initiated coverage on Sasseur Reit, with a "buy" recommendation and a target price of S$0.97, citing the real estate investment trust's portfolio, which comprises retail outlet malls located in tier-2 Chinese cities, which are part of a market that has ample room for growth on...
Investors take profit after long weekend
RETURNING from the long weekend, Singapore equities had a list of positives to digest. Investors here were buoyed by Monday's record close on Wall Street, concrete progress on the US-China trade front as well as diminishing fears of a no-deal Brexit.
Singapore shares add 0.4% on sustained Brexit, trade deal hopes
TAKING cues from Monday's record close on Wall Street, Asian markets were mostly higher on Tuesday, with investors growing increasingly optimistic over concrete progress on the US-China trade front as well as diminishing fears of a no-deal Brexit.
As Charles Schwab exits Singapore, others take its place
SINGAPORE remains an attractive destination for new brokerage entrants, with two such outfits setting up here even as US-focused discount broker Charles Schwab announced that it would cease operations in the city-state by year-end.
Fed rate decision, trade truce to set market direction
THE latter half of last week was decidedly risk-on with investors encouraged by a temporary truce in the US-China trade conflict and the possible avoidance of a no-deal Brexit.