RHB: Knee-jerk selloff in Singapore property shares a buying opportunity
Singapore’s property shares sold off in the wake of Monday’s budget announcement of an increase in the residential buyers stamp duty (BSD). The budget raised…
Stocks
Singapore healthcare stocks mixed after budget highlights public-sector expansion
Singapore’s healthcare stocks were mixed by Tuesday afternoon, with traders likely wary after Monday’s budget announcement of more public-sector healthcare spending plans. Raffles Medical was…
Singapore property stocks fall after budget raises stamp duty, proximity grants
Singapore-listed property stocks dropped on Tuesday in the wake of unexpected measures in Monday’s budget announcement. The budget raised the stamp duty on the portion…
DBS: Malaysia stocks offer accumulation opportunity after recent weakness
Negative market sentiment in Malaysia may persist for some time, but this likely offers the chance to accumulate shares, DBS said in a strategy note…
StarHub shares rebound after CEO buys block of shares
StarHub’s shares recovered a tad on Monday, rising 1.56 percent, or 4 Singapore cents, to S$2.61 by 1:17 P.M. SGT, after tumbling more than 10…
DBS: Singapore shares’ downswing is ‘opportunity, not calamity’
The Straits Times Index’s downswing to 3350 is an opportunity, DBS said in a note last week. It expected the correction to halt at 3330-3350,…
SGX shares climb; plans new India derivative products to replace expiring Nifty deal
Shares of SGX were up 2.71 percent at S$7.57 at 11:04 A.M. SGT after investors got some relief from concerns about the exchange’s India derivatives…
UOB shares climb in second-day trading after reporting solid earnings
The second day proved to be the charm for UOB shares. The stock climbed 3.05 percent to S$27.04 by the market’s early close at midday…
StarHub shares tumble after earnings miss analysts’ forecasts
Shares of telecom StarHub tumbled 9.79 percent to S$2.58 by 11:20 A.M. SGT on Thursday after its earnings results disappointed Analysts. On Wednesday after the…
Yen’s climb, dollar’s weakness shows market jitters persist
Markets around the region were broadly mixed, suggesting traders weren’t willing to shake off lingering jitters after the recent stock rout, let alone turn fully…
Singapore Airlines shares jump after earnings beat forecasts
Singapore Airlines shares jumped 4.71 percent to S$11.12 by 10:35 A.M. SGT after it reported earnings. The carrier reported on Tuesday that its fiscal third-quarter net…
OCBC shares slip at open despite fourth-quarter results beating expectations
OCBC shares slipped 0.24 percent in early trade despite the bank reporting on Wednesday that its fourth-quarter net profit climbed 31 percent on-year to S$1.03…