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Total market cap slips again, hits 13-month low

Despite rocky start, analysts are bullish for the rest of 2014

Published Thu, Jan 30, 2014 · 10:00 PM
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Singapore

THE total market value of Singapore-listed stocks slipped for the fourth straight month amid concerns about emerging Asia, but analysts remain upbeat for the year.

Total market capitalisation as at end-January stood at $873 billion, down 2.9 per cent from December, according to data compiled by The Business Times. This is the lowest month-end aggregate since November 2012, which closed with total market cap of $860 billion.

The decline was broad-based. Ranking the market by market cap, every decile showed a decline in market value, with the largest and smallest stocks falling by the largest percentages. The num…

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