Singapore stocks: STI pares steep losses at Friday afternoon reopen
SINGAPORE equities resumed trading on Friday afternoon, recovering some of the early-session losses after the global stock rout amid growing worries over the virus outbreak's economic fallout.
Stock plunge in Asia continues after Wall Street's worst session since 1987; STI down 5.1%
ASIAN stocks tumbled further on Friday as a coronavirus-induced recession gains steam, and fears mount over whether support measures by governments globally are adequate to stem the decline.
STI at 4-year low, virus-driven rout persists
SINGAPORE'S Straits Times Index (STI) continued to fall on Thursday, ending at a four-year low after the World Health Organization (WHO) labelled Covid-19 a pandemic and the United States temporarily halted travel from Europe - with the exception of the United Kingdom - for 30 days.
STI finishes at 4-year low on Thursday as Covid-19 driven global rout continues
SINGAPORE'S Straits Times Index (STI) continued to bleed on Thursday, finishing at a four-year low after the World Health Organization labelled Covid-19 a pandemic and the US temporarily halted travel from Europe - with the exception of the UK - for 30 days.
Asian stocks roiled after Covid-19 fears hit fever pitch, STI down 3.7%
THE sharp selloffs in Asian equities resumed on Thursday, after the World Health Organization labelled Covid-19 a pandemic and the US temporarily halted travel from Europe for 30 days.
Asia markets end lower as risk aversion returns
THE relief rebound in Asian stocks failed to hold up on Wednesday as Wall Street stocks fell further in mid-morning trading amid rising signs the coronavirus outbreak could slow the US economy, posing significant recession risk.
STI fails to build on Tuesday's rebound
SINGAPORE'S Straits Times Index (STI) failed to build on Tuesday's rebound, when the benchmark had its best session in over a year. "Tuesday's recovery, although pleasing, looked very much like a bullish correction in a bear market," Oanda Asia-Pacific senior market analyst Jeffrey Halley said...
STI fails to build on its rebound, down 1.7% on Wednesday
SINGAPORE'S Straits Times Index (STI) failed to build on Tuesday's rebound, when the benchmark had its best session in over a year.
Broker's take: CGS-CIMB lowers Valuetronics target price to S$0.62 amid Covid-19 outbreak
CGS-CIMB maintained its "hold" call on Valuetronics Holdings, but lowered its target price for the electronics manufacturer to S$0.62 from S$0.72.
Broker's take: RHB keeps 'buy' on Keppel but lowers target price to S$7.60
RHB Research has maintained its "buy" recommendation on Keppel Corp, but lowered its target price for the conglomerate to SS$7.60 from S$7.80 after Monday's sharp fall in oil prices.
STI bounces back from 'Black Monday'
SINGAPORE'S Straits Times Index (STI) rebounded on Tuesday from its worst day of trading since October 2008, in line with a recovery in oil prices.
STI gains 1.8% in session after its biggest rout since October 2008
Singapore's Straits Times Index (STI) rebounded on Tuesday, after fears of a global Covid-19 epidemic and a shock fall in oil prices sent the index to its largest single-day fall since October 2008.
Singapore stocks: STI resumes Tuesday afternoon trading, up 1.8% on day
SINGAPORE equities resumed trading on Tuesday afternoon reversing losses at the open, with the Straits Times Index (STI) up 48.60 points or 1.8 per cent to 2,830.97 as at 1.06pm.
Broker's take: UOB Kay Hian upgrades SPH to 'buy'; raises target price to S$2.25
UOB Kay Hian has upgraded Singapore Press Holdings (SPH) to "buy" and raised its target price to S$2.25 from S$2.22, citing that valuations are attractive following the broad market selloffs in recent weeks.
Singapore shares up 0.8% on Tuesday morning after sell-off
SINGAPORE equities clawed back some losses from the first hour of trading on Tuesday, reversing a 0.8 per cent fall at the open to trade 22.57 points or 0.8 per cent higher at 2,804.94 as at 10.48am.
Over half of STI stocks dive to 52-week lows - bloodbath could continue
THE Straits Times Index (STI) on Monday registered its biggest single-day loss since October 2008 on the back of diving oil prices and escalating fears of the Covid-19 outbreak.
STI suffers biggest single-day dive since 2008
THE combination of a worsening of the Covid-19 outbreak and a shock in the oil markets has pushed stocks off a cliff, with the Straits Times Index (STI) registering its biggest single day loss since October 2008.
Oil-related stocks take big hits on Monday, STI down 6%
SINGAPORE equities faced strong sell-offs on Monday as fears continue to escalate over Covid-19 but the local market's oil-related stocks were the most affected after sharp falls in oil prices.
Singapore stocks: STI loses 4.5% on Monday afternoon
SINGAPORE equities resumed trading on Monday afternoon in negative territory following a steep selloff due to escalating worries over the economic repercussions of Covid-19 as well as a sharp fall in oil prices.
Hot stocks: Oil-related shares take beating after Riyadh sparks price war
SINGAPORE-LISTED oil-related stocks are facing large sell-offs on Monday after Opec (Organization of the Petroleum Exporting Countries) and its allies failed to agree to an output cut amid the Covid-19 outbreak.
Covid-19 to remain the top concern for investors
WITH Covid-19 cases in Europe and the US still on the rise, investors are likely to remain unsettled by the outbreak which has been the main driver of sentiment in financial markets over the past month. Investors are still panicking as the disease threatens to engulf the West, while last week's...
STI sinks further on Friday; falls 1.7% on the week
ASIAN equities fell again on Friday as mid-week confidence - driven by monetary and fiscal stimulus measures by governments to tackle the Covid-19 outbreak - dissipated.
Singapore shares sink further on Friday, STI falls 1.7% on the week
ASIAN equities fell again on Friday as mid-week confidence - driven by monetary and fiscal stimulus measures by governments to tackle Covid-19 - dissipated.
Broker's take: UOB Kay Hian upgrades Mapletree Commercial Trust to 'buy'
UOB Kay Hian has upgraded Mapletree Commercial Trust (MCT) to "buy" and raised the target price of the property trust to S$2.62 from S$2.38, citing that valuations are attractive following an over 15 per cent decline since late January.
STI dips as Covid-19 worries spike in US
SINGAPORE equities appeared set for another positive showing, but a state of emergency being declared in California and Washington due to the Covid-19 outbreak derailed that run.