STI closes 0.2% lower on Thursday as Covid-19 worries in US spike

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.

Broker's take: CGS-CIMB upgrades SGX to 'add' on valuation grounds

CGS-CIMB has upgraded the Singapore Exchange (SGX) to "add" and maintained its target price at S$9.40, citing emerging value in the bourse operator' stock after broad market sell-offs in prior weeks.

Broker's take: RHB sees value in Amara; maintains 'buy'

RHB Research sees value in property developer and hotelier Amara Holdings even though FY2020 earnings are likely to be impacted by the Covid-19 outbreak.

Singapore shares resume Thursday afternoon trading, up 0.3% on day

SINGAPORE equities resumed trading on Thursday afternoon, paring some of their morning gains, with the Straits Times Index (STI) up 9.15 points or 0.3 per cent to 3,034.18 as at 1.04pm.

More central banks likely to follow Fed into easing, but effect could be muted

THE US Federal Reserve caught many by surprise with an emergency rate cut to stem effects of the Covid-19 outbreak, and strategists believe other central banks will follow suit, though the effects could be limited.

STOCKS

S-Reits steal the show after Fed rate cut

INVESTORS piled in on Singapore real estate investment trusts (S-Reits) after the US Federal Reserve's 50-basis-point emergency rate cut to boost confidence in the economy amid the Covid-19 outbreak.

Investors pile in on Reits after Fed rate cut; STI up 0.2% on Wednesday

INVESTORS piled in on Singapore real estate investment trusts (S-Reits) after the US Federal Reserve's 50-basis-point emergency rate cut to boost confidence in the economy amid the Covid-19 outbreak.

Singapore stocks: STI resumes Wednesday afternoon trading, down 0.1% on day

SINGAPORE equities resumed trading on Wednesday afternoon with slight losses, with the Straits Times Index (STI) down 4.17 points or 0.1 per cent to 3,015.39 as at 1.04pm.

Broker's take: UOB Kay Hian upgrades Mapletree Logistics Trust to 'buy'

UOB Kay Hian has upgraded Mapletree Logistics Trust (MLT) to "buy" and raised its target price to S$2.08 from S$1.65.

STOCKS

STI reverses five sessions of losses

SINGAPORE equities registered their first positive closing in five sessions, on growing expectations of support measures by central banks to curb the economic fallout from the Covid-19 outbreak.

STI registers first gain in five sessions, up 0.4% on Tuesday

SINGAPORE equities registered their first positive closing in five sessions as sentiment improved due to expectations of support measures by central banks to curb the economic fallout from the Covid-19 outbreak.

Singapore stocks: STI resumes Tuesday afternoon trading, up 0.9% on day

SINGAPORE equities resumed trading on Tuesday afternoon on higher ground, with the Straits Times Index (STI) advancing 25.88 points or 0.9 per cent to 3,033.60 as at 1.05pm.

Broker's take: RHB initiates coverage on IREIT Global with 'buy', S$0.92 target price

RHB Research has initiated coverage on IREIT Global, a Europe-focused property trust, with a "buy" call and a target price of S$0.92, saying units were trading at an attractive yield due to a lack of coverage and unfamiliarity over its assets.

STOCKS

STI's losing streak extends to four sessions

FRESH off its worst session since August 2011, Singapore's Straits Times Index (STI) managed to overturn an early 0.7 per cent loss to trade higher for most of the Monday session.

Late dip sees STI extend losing streak, down 0.1% on Monday

FRESH off its worst session since August 2011, Singapore's Straits Times Index (STI) managed to overturn an early 0.7 per cent loss to trade higher for most of the Monday session.

Singapore stocks: STI reverses early losses on Monday afternoon, up 0.4% on day

SINGAPORE equities resumed trading on Monday afternoon on higher ground after early losses were reversed on hopes of easing by the US Federal Reserve and further stimulus measures in China.

Brokers' take: Frencken's improved margins to continue in FY2020

ANALYSTS expect Frencken Group's improved margins to be sustained after the semiconductor play reported FY2019 net profit that came in 19 per cent above Bloomberg consensus estimates.

STOCKS

Covid-19 jitters could extend market rout

THE markets' sharp sell-off could heighten this week, taking its cue from Wall Street's extended losses last Friday which capped the worst week for US stocks since the global financial crisis in 2008.

Asia markets battered on fears of coronavirus-induced recession

ASIA stocks plunged on Friday with the MSCI Asia-Pacific Index notching seven straight sessions of losses after sellers pummelled Wall Street the night before.

STOCKS

STI has worst week in 8 years as Covid-19 fears escalate

SINGAPORE equities faced heavy selling on Friday en route to their worst weekly performance since August 2011 as the Covid-19 outbreak, initially viewed as a China- or Asia-focused issue, went global.

Singapore shares sink further on Friday, tumble 5.3% on the week

SINGAPORE equities faced heavy selling on Friday en route to their worst weekly performance since August 2011 as the Covid-19 outbreak, initially viewed as a China- or Asia-focused issue, has gone global.

Singapore stocks: STI sinks 2.7% on Friday afternoon

SINGAPORE equities resumed trading on Friday afternoon extending its slide after a fierce sell-off on Wall Street amid growing worries over the virus outbreak's economic fallout.

Asia: Markets battered as fears of Covid-19 induced recession gathers pace; STI down 2.5%

ASIAN equity markets sank deeper into the red on Friday after Wall Street was dealt its biggest pummelling this week.

STOCKS

STI ends lower despite late rally

WITH little positive news on the Covid-19 front, local equities extended losses on Thursday.

Singapore shares extend losses as Covid-19 contagion fears persist

WITH little positive news on the Covid-19 front, Singapore equities extended losses on Thursday.