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Singapore Share Market Update:Asia stocks, euro steady early Tuesday as markets pause for breath after French election

Singapore Asian equities were steady on Tuesday and the euro retained gains as markets’ euphoria over a centrist victory in the first round of the French presidential election subsided, though near-term investor sentiment remains positive. The risk rally has kept safe-haven assets, including the yen and gold came, under pressure, while the Canadian dollar fell … Continue reading "Singapore Share Market Update:Asia stocks, euro steady early Tuesday as markets pause for breath after French election"

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Singapore Share Market Update:Singapore maritime aims to boost debt and equity markets

A new initiative in the form of a by-invitation forum named Maritime Capital Forum is expected to take place in mid-November this year in Singapore, led by SSA and supported by an investment house, according to Lee Keng Mun, SSA Councillor, Finance Workgroup. Lee told a media briefing held on Monday in Singapore as part … Continue reading "Singapore Share Market Update:Singapore maritime aims to boost debt and equity markets"

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Singapore Share Market Update:Uncertainties Remain For Frasers Commercial Trust after delivering marginal growth in 2Q

OCBC Investment Research is reiterating its “buy” call on Frasers Commercial Trust (FCOT) with an unchanged fair value estimate of $1.39 after the trust’s 2Q17 results met expectations, with DPU up 2.4% on-year at 2.51 cents. To recap, FCOT’s net property income (NPI) growth for the quarter was largely driven by higher contribution from 357 … Continue reading "Singapore Share Market Update:Uncertainties Remain For Frasers Commercial Trust after delivering marginal growth in 2Q"

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Singapore Share Market Update:SGX Posts 6.8% Drop In Q3 Earnings

A weaker showing in the derivatives business sent third-quarter earnings sliding at bourse operator Singapore Exchange (SGX).Net profit dropped 6.8 percent to $83.1 million for the three months to March 31, compared with the $89.2 million racked up in the same period a year earlier. SGX said in a statement yesterday that its net profit … Continue reading "Singapore Share Market Update:SGX Posts 6.8% Drop In Q3 Earnings"

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Singapore Share Market Update:Market May Open Higher

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 15 points at the opening bell. ACC will announce its Q1 results today, 21 April 2017. HDFC Bank unveils its Q4 results today, 21 April 2017. Overseas, Asian stocks were trading higher after Bank of Japan’s (BOJ) Governor … Continue reading "Singapore Share Market Update:Market May Open Higher"

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