singapore trading news

Singapore: US Market softness could weigh on local market today. The Straits Times Index (STI) trading 11.11 or 0.37% higher at 3,052.49.

The best dynamic stocks were UOB, which cutting-edge 0.15%, Singtel, which rose 0.02%, DBS, which increased 0.08%, OCBC, which became 0.09%, and United Engineers, with a 0.04% development.

The FTSE Mid Cap rose 1.10% while the FTSE Small Cap increased 0.70%.

As indicated US stocks shut lower, constrained again by falling oil costs, which drove the lists to week after week misfortunes of over 3.5%—the second in a row seven day stretch of decays.

Eight out of eleven S&P 500 enterprises finished lower, driven by Energy (- 3.26%) and Communication Services (- 1.19%), while Consumer Staples (0.34%) drove the increases. For the week, the file withdrew 3.79%.

SGX Top Gainer Stocks

Gainers
Stock Last Change
Venture 15.44 0.72
DBS 23.5 0.42
JSH USD 36.37 0.37
UOB 24.4 0.37
SIA 9.78 0.26

SGX Top Loser Stocks

Decliners
Stock Last Change
Jardine C&C 34.34 -0.44
HPL 3.62 -0.06
Sri Trang Agro 0.6 -0.06
China Aviation 1.13 -0.05
First Reit 0.98 -0.05

 

Stocks to Watch

Cityneon Holdings: Independent money related consultant (IFA) Novus Corporate Finance has discovered the terms of the money offer for existing investors of Cityneon Holdings at S$1.30 per offer to be “reasonable and sensible”, in a round despatched to investors. The IFA exhorted autonomous executives to suggest that investors acknowledge the offer, except if investors can acquire a cost higher than the offer cost on the open market.

LTC Corporation: Steel exchanging and property organization LTC Corporation declared on Monday morning that it will proceed with casting a ballot on its proposed delisting subsequent to getting affirmation from the Singapore Exchange’s (SGX) direction unit that it is liable to existing deliberate delisting rules.

 

Singapore Currency

Forex Signals: In currency market SGD gains verses USD after positive opening of stock market trading in range 1.3738 – 1.3756

forex signals singapore

Global Market Updates

The Dow dropped to its most four months lows, while the S&P 500 slid to a six-month low. The all finished the day in negative domain. The Dow drooped 178.74 focuses or 0.7 percent to 24,285.95, the Nasdaq fell 33.28 focuses or 0.5 percent to 6,938.98 and the S&P 500 tumbled 17.37 focuses or 0.7 percent to 2,632.56.

Apple (AAPL) stocks news weighed on the sectors, with the tech mammoth drooping by 2.5 percent to its least shutting dimension in well more than a half year.

Apple extended downtrend after a report from the Wall Street Journal said the organization is moving to offer appropriations to portable system administrators in Japan, successfully cutting the cost of its as of late discharged iPhone XR.

Index Last Change%
Dow 30 24,285.90 -0.73
S&P 500 2,632.56 -0.66
Nasdaq 100 6,938.98 -0.48
FTSE 100 6952.86 -0.11
DAX 11192.7 0.49

 

Gold Price Forecast

Gold prices trade swift as lack of volume and positive developments from EU bring some softness in higher prices. A December gold future is trading at $1222.

Daily Gold trading Range: $1220-$1229

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