singapore trading news

Singapore: Singapore market opened higher on Monday, with the Straits Times Index increasing 0.51 percent or 15.69 focuses to 3,092.78 as at 9.02 am.

Gainers dwarfed failures 63 to 46, or around 15 securities up for each 11 down, after 26.3 million securities worth S$67.3 million changed hands.

Among the most traded by volume, Ezion Holdings shed 2.0 percent or S$0.001 to S$0.048 with 3.8 million offers exchanged. Yangzijiang Shipbuilding held firm to S$1.21 with 1.4 million offers exchanged.

Financials drove dynamic list stocks, with United Overseas Bank up 0.6 percent or S$0.15 to S$24.43; DBS Group Holdings edging up 0.1 percent or S$0.02 to S$23.71; and OCBC Bank climbing 1.2 percent or S$0.13 to S$11.25

Top Gainer Stock

Stock Last Change
Jardine C&C 36.11 0.69
JSH USD 37.22 0.64
UOB 24.92 0.64
DBS 24.07 0.38
OCBC Bank 11.36 0.24

Top Loser Stock

Stock Last Change
Haw Par 12.52 -0.1
China Yuanbang^ 0.3 -0.045
Delong 6.41 -0.04
Great Eastern 25.35 -0.04
Man Oriental USD 2 -0.04


Stocks on trader’s hot list

Noble Group, Lifebrandz, SIA Engineering, Datapulse Technology

SIA Engineering Company, the supplier of air ship upkeep, fix, and upgrade (MRO) administrations, is stripping its 100% stake in the completely claimed backup, Aircraft Maintenance Services Australia (AMSA). AMSA is situated in Australia and is in the matter of giving line upkeep benefits in real Australian air terminals.

Lifebrandz revealed misfortunes for 1Q finished Oct broadened to $1.06 million from $0.53 million every year prior on higher aggregate costs because of business development. Income dramatically increased to $1.14 million primarily because of income commitment from a backup, e-Holidays Co, which represented around 73% of the gathering income.

Noble Group is on track to finish its mammoth rebuilding bargain after a Bermuda court affirmed an officer to complete the arrangement.

Datapulse Technology declared that it is getting Hotel Aropa, a lodging situated in Seoul, Korea, from Hotel Prima Co for a thought of KRW 35 billion ($42.7 million).


Currency Market

Singapore SGD gains against ahead fed policy meet this week, USD/SGD pair trades at 1.3751 against previous close 1.3764.

Daily Range: 1.3747-1.3773


World Market

The major index moved off their most noticeably bad dimensions going into the nearby yet remained immovably negative. The Dow dove 496.87 focuses or 2 percent to 24,100.51, the Nasdaq crashed 159.67 focuses or 2.3 percent to 6,910.67 and the S&P 500 plunged 50.59 focuses or 1.9 percent to 2,599.95.

With the losers on the day, the significant indexes additionally moved lower for the week. The Nasdaq slid by 0.8 percent, while the Dow and the S&P 500 drooped by 1.2 percent and 1.3 percent, separately.

The selloff on Wall Street came in the midst of recharged worries about the viewpoint for worldwide financial development following the arrival of information demonstrating frustrating modern yield and retail deals development in China.

Index Last Change%
Dow 30 24100.51 -2.02
S&P 500 2599.95 -1.91
Nasdaq 100 6594.96 -2.56
FTSE 100 6845.17 -0.47
DAX 10865.77 -0.54


Commodity Market

Gold Price
: Gold prices trading below $1240 today in morning trade. Trader focuses on this week’s Fed Policy Meet.

Spot Gold was trading at $1,237 per ounce.

Trading Range: $1230-$1242

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