The Business Times
business-time-50

Losers and winners on SGX

Offshore and marine stocks fall while transport shares gain

google-preferred-sourceAdd BT as a preferred source
Published Fri, Nov 28, 2014 · 09:50 PM
Strongly correlated

Singapore

OFFSHORE and marine (O&M) companies listed in Singapore were dragged down by plummeting oil prices on Friday, as Opec's decision not to cut production sent Brent crude crashing 5 per cent during the day to US$72 per barrel.

With analysts expecting such levels - at four-year lows - to persist until the first half of 2015, at least, the resultant spending cutbacks in oil-related projects are seen hurting O&M companies here.

Opecsembcorp marineEzionEzra

TRENDING NOW

As semiconductor-related firms invest in advanced manufacturing, the gap between Tampines cleanrooms and Shenton Way ticker tape is narrowing quickly.

Beyond Nvidia: How Singapore is earning its place in the semiconductor value chain

The 10-year government bond yield is relatively lower in Singapore at 2.36%, compared with the 5.2% in Australia and the UK and about 4.9% in the US.

S-Reits an ‘oasis of calm’ amid global bond yield surge: UOBKH

Marco Pagliara, head of emerging markets at Deutsche Bank Private Bank, says Singapore is one of the lender’s largest wealth-booking centres outside Germany.

Deutsche Bank’s private bank seeks experienced wealth teams for deeper push into Asia

Bali’s property market has been on a tear since the pandemic, with the tourism rebound and strong foreign demand driving prices higher.

Can Bali swop beach capital for global capital without the skyscrapers?

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More