Singapore Share Market Preview

Today SGX market commonly slows up to these stocks Movements. Our financial advisors have looked some stocks that could move in the Singapore Share Market this Thursday.

Keppel Shipyard, the indirect subsidiary Keppel Corp, has secured a new Floating Production Storage and Offloading vessel (FPSO) conversion contract. The value of the contract was not disclosed. Shares in Keppel closed flat at $6.52 on Wednesday.

UnUsUaL has revealed that the company is looking at “a certain corporate exercise” which had not been finalized. The promoter of pop concerts and events did not elaborate on the details of the exercise. The stock closed at 54 cents with 6.8 million shares traded.

Alliance Mineral Assets is altering the terms of the lithium concentrate off-take agreement from its Bald Hill Project with Hongkong-listed Burwill Holdings. Among the new terms, Burwell will subscribe for up to 74.8 million Alliance Mineral shares at 26.74 cents in tranches for a total of A$19.6 million. Shares in the counter had closed at 30 cents on Wednesday.

Addvalue Technologies, the mobile satellite communications provider, is in a partnership to offer its maritime product and data solutions bundle to deep-sea fishing vessels in a trial test. Shares in Addvalue closed 0.1 cents lower at 4.4 cents on Wednesday.

Global Share Markets

US stocks edged up to extend their run of record closing highs on Wednesday. The Dow Jones Industrial Average rose 19.97 points, or 0.09%, to end at 22,661.64, the S&P 500 gained 3.16 points, or 0.12%, to 2,537.74 and the Nasdaq Composite added 2.91 points, or 0.04%, to 6,534.63.

Singapore Share Market

The Straits Times Index on Wednesday fell 9.43 points to 3,236.65, dragged lower by weakness in the Jardine group and the three banks. Turnover was a weak 1.9 billion units worth S$999 million. Excluding warrants, there were 236 rises versus 184 falls.

More Singapore Stocks To Watch

  • FALCON ENERGY
  • TAT HONG
  • JAPFA
  • CHINA AVIATION
  • FRENCKEN

So Earn more With our Stock Recommendations

Recent Stock Recommendations

SGX:Buy TAT HONG || Level 0.480|| Cut Profit @ 0.515 || Return 7.29%

KLSE:Buy PALETTE || Level 0.300 || Cut Profit @ 0.370 || Return 23.33%

Source – theedgesingapore

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