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Hot Stocks Picks – Singapore shares open marginally higher on Friday

SINGAPORE shares opened 0.16 for every penny higher on Friday, with the Straits Times Index (STI) up 5.03 focuses to 3,237.12 at 9.05am, regardless of the decrease in US stock files. – Hot Stocks Picks The most elevated esteem exchanged stocks were Singtel (up two pennies to S$3.79), Jardine Strategic Holdings (down two pennies to US$41.70), … Continue reading "Hot Stocks Picks – Singapore shares open marginally higher on Friday"

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Singapore Share Market Update:Asian Markets Gain on US tax Reform Hopes

Asian bourses ended the week on a positive note amid excitement over the news of imminent moves to reform the United States tax system. US Treasury Secretary Steven Mnuchin said plans for major tax reform would be tabled very soon. The much-awaited move is expected to benefit American businesses and households, thereby building a stronger … Continue reading "Singapore Share Market Update:Asian Markets Gain on US tax Reform Hopes"

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Singapore Share Market Update:Singapore Press stays a sell for OCBC

Singapore OCBC is maintaining its sell on Singapore Press Holdings with unchanged fair value estimate of $3.41 given the uncertain economic outlook and the continuing disruption of the media industry. We expect conditions to remain challenging for the group’s media business ahead, says lead analyst Carmen Lee in a Monday report. SPH announced that 2Q17 … Continue reading "Singapore Share Market Update:Singapore Press stays a sell for OCBC"

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Singapore Share Market Update:Stocks pressured, safe assets up on rising geopolitical risks

Global stock markets were pressured on Tuesday as rising tensions in the Middle East and political uncertainty in Europe kept investors on edge, underpinning safe assets such as the yen, gold, and Treasuries. The exception was oil, which continued its steady climb on supply concerns in the wake of the U.S. missile strikes on a … Continue reading "Singapore Share Market Update:Stocks pressured, safe assets up on rising geopolitical risks"

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Singapore Share Market Update:Zooming in on Shares of Civmec Limited

Active investors may be taking a second look at shares of Civic Limited (SGX: P9D). Checking in on some levels, the six-month price index is currently at 2.06875. The six-month price index is measured by dividing the current share price by the share price six months ago. A ratio above one indicates an increase in … Continue reading "Singapore Share Market Update:Zooming in on Shares of Civmec Limited"

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