Singapore stocks: STI resumes Thursday afternoon down 0.9% on day

SINGAPORE equities resumed trading on Thursday afternoon extending the early session's losses, with the Straits Times Index (STI) down 26.75 points or 0.9 per cent to 3,090.77 as at 1.03pm.

Brokers' take: Analysts see strong demand for gloves lifting Riverstone FY20 earnings

RESEARCH houses remain bullish on their FY2020 outlook for Riverstone Holdings, which is set to benefit from strong demand for healthcare and cleanroom gloves amid the Covid-19 outbreak.

STOCKS

STI slides as US warns of sustained virus spread

COVID-19 continues to dominate news flows globally and with the situation still fluid, markets remain jittery, as evidenced by the resumption of sell-offs during Wednesday's session in Singapore.

Singapore shares slide 1.3% after US warns of sustained Covid-19 spread

COVID-19 continues to dominate news flows globally and with the situation still fluid, markets remain volatile, evidenced by the resumption of the sell-off during Wednesday's session in Singapore.

Broker's take: CGS-CIMB upgrades UMS to 'add', raises target price to S$1.08

CGS-CIMB has upgraded UMS Holdings to "add" and raised its target price to S$1.08 from S$0.96, after revising revenue forecasts upwards for the precision engineering firm. 

Most Asia stock benchmarks claw back Monday's losses

CALM returned to Asian markets on Tuesday following Monday's bloodbath in US and European markets triggered by a spike in Covid-19 cases in South Korea and Italy over the weekend.

Singapore stocks: STI resumes Tuesday afternoon up 0.7% on day

SINGAPORE equities resumed trading on Tuesday afternoon building on its early gains, with the Straits Times Index (STI) advancing 23.27 points or 0.7 per cent to 3,165.47 as at 1.03pm.

Broker's take: DBS downgrades Keppel DC Reit to 'hold'

DBS Group Research has downgraded Keppel DC Reit to "hold", believing that at current prices, "investors have priced in too much growth into valuations".

STOCKS

Renewed virus concerns spook STI

SINGAPORE equities resumed their slide on Monday as sentiment worsened due to a spike in cases of the novel coronavirus (Covid-19) in South Korea as well as signs the virus has established a foothold in Italy after a cluster emerged there.

Singapore shares slide 1.2% on Monday as Covid-19 worries grow

SINGAPORE equities resumed their slide on Monday as sentiment worsened due to a spike in cases of the novel coronavirus (Covid-19) in South Korea as well as signs the virus has established a foothold in Italy after a cluster emerged there.

Singapore stocks: STI resumes Monday afternoon down 1% on day

SINGAPORE equities resumed trading on Monday afternoon in negative territory, with the Straits Times Index (STI) slipping 33 points or 1 per cent to 3,148.03 as at 1.04pm.

Vicom share split: No consensus on impact to volume and price

VICOM'S proposal to split each of its ordinary shares into four could breathe new life into a relatively illiquid stock known for dishing out steady dividends.

STOCKS

STI snaps losing streak after Budget 2020

Singtel shares were trading at a holding company discount of 19 per cent - more than its four-year average of 15 per cent - and with a 5.5 per cent yield, noted DBS Group's Sachin Mittal.

Singapore shares snap 4 sessions of losses, rise 0.5% on Wednesday

SINGAPORE equities managed to snap a four-session run of losses on Wednesday in what turned out to be a largely positive session for markets in Asia.

Singapore stocks: STI resumes Wednesday afternoon up 0.7% on day

SINGAPORE equities resumed trading on Wednesday afternoon building on its early gains, with the Straits Times Index (STI) advancing 21.34 points or 0.7 per cent to 3,217.97 as at 1.04pm.

STOCKS

Budget relief measures fail to lift stock prices

THE focus of the day was on Singapore Budget 2020, but the measures aimed at tackling the economic repercussions of Covid-19 had little immediate impact on blue-chip stocks most affected by the outbreak.

Focus on Budget but S'pore shares extend fall as Covid-19 fears linger

THE focus of the day was on the delivery of the Singapore Budget 2020 but support measures aimed at tackling the economic impact of Covid-19 had a muted effect on benchmark listings most affected by the outbreak.

Singapore stocks: STI resumes Tuesday afternoon down 0.6% on day

SINGAPORE equities resumed trading on Tuesday afternoon in negative territory ahead of the Budget reading, with the Straits Times Index (STI) trading 18.62 points or 0.6 per cent lower at 3,194.38 at 1.05pm.

Broker's take: RHB downgrades Valuetronics to 'neutral' on production delay due to Covid-19 outbreak

FACTORING in the effect the Covid-19 outbreak has on production at Valuetronics Holdings' Chinese factories, RHB Research has downgraded the contract manufacturer to "neutral" and lowered its target price to S$0.76.

Analysts cut earnings forecasts for ComfortDelGro

WITH headwinds expected for FY2020 due to the effect of the Covid-19 outbreak and taxi earnings likely to remain weak, research houses have trimmed their earnings outlook for ComfortDelGro.

STOCKS

STI dips ahead of Singapore Budget reading

AHEAD of Tuesday's Singapore Budget reading, investor attention in the city-state remained on keeping count of the rising cases of Covid-19 infections and the economic impact of the outbreak, resulting in a less-than-desirable start to the week.

Singapore shares dip 0.2% ahead of Budget 2020

AHEAD of Tuesday's Singapore Budget reading, investor attention in the city-state remained on keeping count of the rising cases of Covid-19 infections and the economic impact of the outbreak, resulting in a less-than-desirable start to the week.

Singapore stocks: STI resumes Monday afternoon down 0.16% on day

SINGAPORE equities commenced Monday's afternoon session on lower ground as investors remained concerned with the rising cases of Covid-19 infections and the economic impact from the outbreak. Sentiment in the city-state also dipped after the downgrade of Singapore's economic forecast for 2020....

Brokers' take: Analysts lower forecasts on ComfortDelGro due to earnings headwinds

WITH headwinds expected for FY2020 due to the effect of the Covid-19 outbreak and taxi earnings likely to remain weak, research houses have trimmed their earnings outlook for ComfortDelgro. 

STOCKS

Budget and Q4 results to take centre stage

IN RECENT weeks, the Covid-19 spread has left a sizeable dent in sentiment as investors worry about the economic repercussions brought about by the outbreak.