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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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Singapore Share Market Update:Asian Stocks Climb Early Friday, euro gains

Singapore Asian stocks rose, lifted by bets on strong U.S. earnings and U.S. tax reform, while the euro retreated from a three-week high as jitters returned over the first round of French presidential elections on Sunday after a shooting in Paris. MSCI’s broadest index of Asia-Pacific shares outside Japan added 0.25 percent. It is set … Continue reading "Singapore Share Market Update:Asian Stocks Climb Early Friday, euro gains"

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Singapore Share Market Update:Debate over stock tick size splits stakeholders

Singapore Exchange proposal to widen the tick for certain stocks has sparked a debate over whether the change will improve market liquidity or simply raise profits for a select group of traders. As part of a number of proposed changes to the securities market structure in Singapore, SGX is considering whether to double the tick … Continue reading "Singapore Share Market Update:Debate over stock tick size splits stakeholders"

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Singapore Share Market Update:Time for investors of this REIT to take profit

Singapore RHB has downgraded its call on CapitaLand Commercial Trust (CCT) from “buy” to “take profit”, recommending investors to lock in profits and re-enter at lower levels now that the units of the trust are currently hovering close to the research house’s target price of $1.68, which remains unchanged. In a Thursday report, analyst Vijay … Continue reading "Singapore Share Market Update:Time for investors of this REIT to take profit"

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