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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:Singapore Exchange said to mull tie-ups with other bourses

Even as regulators crack down on yet another round of consolidation among exchange operators, at least one major bourse is still keen to pursue deals.Singapore Exchange Ltd, which runs South-East Asia’s largest stock and derivatives market, has in recent months held exploratory talks about possible tie-ups with overseas exchange operators, people familiar with the matter … Continue reading "Singapore Share Market Update:Singapore Exchange said to mull tie-ups with other bourses"

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Singapore Share Market Update:Oil dips as record US crude stocks outweigh falling Libya output

Singapore Oil prices dipped on Thursday, ending two days of increases as record US crude inventories outweighed a fall in gasoline stocks and disruptions in Libyan supplies. Prices for front-month Brent crude futures LCOc1, the international benchmark for oil, were at US$52.31 per barrel at 0151 GMT, down 11 cents from their last close. In … Continue reading "Singapore Share Market Update:Oil dips as record US crude stocks outweigh falling Libya output"

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Singapore Share Market Update:Value for this motion control manufacturer is emerging says NRA

Singapore NRA Capital is recommending investors go “overweight” on ISDN Holdings as its share price is still lagging behind peers despite a rebound in China’s manufacturing sector. ISDN supplies motion control products that are used in the manufacture of semiconductor equipment as well as high-end locks and hinges for railway and transportation systems. In a … Continue reading "Singapore Share Market Update:Value for this motion control manufacturer is emerging says NRA"

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