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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:Asia stocks slip early Tuesday amid North Korea concerns, US$ up

Asian stocks pulled back in early trade on Tuesday, while the dollar bounced back from a five-month low after the U.S. Treasury Secretary’s comments supported a stronger currency, although escalating tensions over North Korea capped gains. MSCI’s broadest index of Asia-Pacific shares outside Japan was 0.15 percent lower.Japan’s Nikkei jumped 0.8 percent, its biggest one-day … Continue reading "Singapore Share Market Update:Asia stocks slip early Tuesday amid North Korea concerns, US$ up"

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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: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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Singapore Share Market Update:Moody’s Syariah compliant investment accounts at Malaysian banks to continue growing

The growth of shariah-compliant investment accounts at Malaysian banks will remain strong over the next three to five years, carrying over the trend started in July 2015, as a result of active promotion by the regulator and banks themselves, according to Moody’s Investors Service today. In a statement here, its vice president/senior analyst, Simon Chen, … Continue reading "Singapore Share Market Update:Moody’s Syariah compliant investment accounts at Malaysian banks to continue growing"

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