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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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Singapore Share Market Update:Singapore Shares Tipped To Open Under Pressure

Singapore Stock Market has finished lower in three straight trading days, sliding almost 50 points or 1.6 percent along the way. The Straits Times Index remains just beneath the 3,140-point plateau, and the market may open in the red again on Wednesday. The global forecast for the Asian markets is weak thanks to geopolitical concerns … Continue reading "Singapore Share Market Update:Singapore Shares Tipped To Open Under Pressure"

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Singapore Share Market Update:Q1 shares rally likely to ease for Singapore

Singapore The solid performance of the local stock market in the first quarter of this year may have lifted Singapore out of the gloom from late 2016, but analysts caution that the Republic is not in the clear yet. A pick-up in trade has helped drive demand in the region and the improved global market … Continue reading "Singapore Share Market Update:Q1 shares rally likely to ease for Singapore"

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Singapore Share Market Update:Chinese backers plan derivatives exchange in Singapore

Singapore may be set to get a third derivatives exchange, this time backed by China.If the new bourse, which would be called Apex, goes ahead, it will be operated by Asia Investment Pte, according to people with knowledge of the matter. Asia Investment is majority-owned by former China Financial Futures Exchange and Dalian Commodity Exchange … Continue reading "Singapore Share Market Update:Chinese backers plan derivatives exchange in Singapore"

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Singapore Share Market Update:STI edges up despite geopolitical concerns

Singapore shares ended on a higher note yesterday as a fimer opening in Europe helped offset cautious sentiment over rising geopolitical tensions in Europe, the Middle East and the Korean Peninsula. The Straits Times Index closed 0.35percentt or 11.26 points higher at 3,186.01. It was helped in large part by Genting Singapore, which gained 3.3 … Continue reading "Singapore Share Market Update:STI edges up despite geopolitical concerns"

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