Singapore stock market

The Singapore portfolio falls 8.2% on an equal-weighted basis while the STI gains 2.6%

Investors may have to wait for the latent value of its shares to be fully realised in an apathetic market

Yangzijiang Shipbuilding leads the gainers on the blue-chip index

June’s wave of buybacks by SMIDs reflects boards’ thinking that valuations have overcorrected: UOBKH

Still, its head of research asserts that the core rerating thesis for Singapore stocks is intact

ST Engineering leads the gainers on the blue-chip index

Such companies are often young and founder-led

Seatrium is the top gainer on the blue-chip index, while CapitaLand Ascendas Reit sees the biggest decline

DFI Retail Group leads the gainers on the Republic’s blue-chip index