singapore trading news

Singapore: Singapore stocks opened higher with the Straits Times Index up 11.18 focuses to 3,064.61.

Gainers dwarfed decliners 69 to 27, after about 19.7 million offers worth $39.4 million changed hands.

The most active counter was Lion Gold, which was level at 0.001.

Other active stocks included Wilmar International which increased 1.3 percent or four pennies to $3.18, and DBS which rose 0.9 percent, or 20 pennies to $23.73.

Top Gainer Stock

Gainers
Stock Last Change
Shangri-La HKD 11.48 0.54
Creative 3.81 0.35
DBS 23.81 0.28
UOB 24.66 0.26
Khong Guan 2.03 0.23

Top Loser Stock

Decliners
Stock Last Change
JMH USD 67.47 -0.87
JSH USD 36.82 -0.17
Biolidics 0.183 -0.047
DairyFarm USD 9.04 -0.04
HongkongLand USD
6.36 -0.04

 

 

Stocks in focus in today’s trade


Sapphire Corp:
Design and construction company sapphire Corp is planning on right Issue. For every four existing shares one rights share with discount to last traded price $0.128.

Charisma Energy: Company is exiting from electricity retailing business. Company’s subsidiary Charis Electric, a joint venture company that is 50 per cent owned by Charisma, had obtained an electricity retail licence in Singapore but was never profitable.

Transcorp Holdings: Company reported loss of $5.35 million for the year 2018.It saw 37.2 percent fall in revenue as compare to previous financial year due to car sales down from 52 to 25 this year. Stock traded at $0.015.

 

Currency Market


Forex:
 USD/SGD pair trades at 1.3650 against previous close 1.3654 down 0.04%

Daily Range: 1.3644-1.3668.

 

World Market


On Friday US stocks traded in volatile session. Stocks trade in wide range.

While the Nasdaq inched up 5.03 to 6,584.52, the Dow closed 76.42 points or 0.3 percent to 23,062.40 and the S&P 500 edged down 3.09 points or 0.1 percent at 2,485.74.

The major indexes moved higher to end week due largely to the historic rally on Wednesday. The Nasdaq soared by 4 percent, while the Dow and the S&P 500 jumped by 2.7 percent and 2.9 percent.

Most of the traders remained away following the Christmas Day holiday of the New Year’s Day holiday next Tuesday.

 

Index Last Change%
Dow 30 23062.4 -0.33
S&P 500 2485.74 -0.12
Nasdaq 100 6584.52 0.08
FTSE 100 6733.97 2.27
DAX 10558.96 1.71

 

Commodity Market


Gold Price
: Gold prices fell slightly after positive start of Asian market and progress on the long-drawn China-US trade spat, while the dollar held steady in a narrow range.

Gold Trading Range $1274-$1282

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