The Business Times
business-time-50

O&M stocks appear to be decoupling from oil prices

google-preferred-sourceAdd BT as a preferred source
Published Sun, Jun 17, 2018 · 09:50 PM
    De-linking from oil prices

    Singapore

    PRICES of Singapore's oil-linked stocks may well be decoupling from oil prices.

    Recent market reactions suggest business fundamentals may have gained in importance over oil price sentiments in shaping share prices in the offshore and marine sector, observers said.

    Oil and gas

    TRENDING NOW

    Semakau now houses the city-state’s offshore landfill. The first refinery operates in Bukom, and an airstrip is located on Pulau Sudong.

    NDR 2026: Singapore to create new Western island to support 'new generation of industries'

    The changes will take effect after the close of trading on Aug 31, says MSCI in its latest quarterly review.

    MSCI drops S-E Asian heavyweights Sembcorp, GoTo and Ayala Land from global benchmarks

    Nongfu Spring founder Zhong Shanshan warned during a CCTV interview that e-commerce is killing off emotional and spontaneous consumption

    E-commerce is killing ‘real’ commerce, says China’s beverage king Zhong Shanshan

    Why is Apac poised to become such a significant market for aviation?

    Asia-Pacific aviation: is up really the only way?

    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