STOCKS

STI adds 1.2% on the week despite Covid-19 fears

INVESTMENT sentiment in Asia ebbed and flowed across the week on the changing outlook of Covid-19 outbreak. The virus has now infected more individuals and led to more deaths than 2003's severe acute respiratory syndrome (Sars) epidemic.

STI ends flat on Friday, up 1.2% on the week

INVESTMENT sentiment in Asia ebbed and flowed across the week on the changing outlook of Covid-19 outbreak. The virus has now infected more individuals and led to more deaths than 2003's severe acute respiratory syndrome (Sars) epidemic.

Brokers' take: Analysts cut target prices for DBS on expectations of weaker FY20

ANALYSTS this week lowered their price targets on DBS Group, which may signal similar cuts in target prices for Singapore's other two banks after they report financial results next week.

VIRUS OUTBREAK

Genting's earnings to take hit, but analysts bet on bright side

WHILE the Covid-19 outbreak will have a negative impact on Q1 earnings for Genting Singapore, with research houses lowering FY2020 forecasts by 10-20 per cent, analysts are recommending investors add positions in the casino operator as valuations are attractive.

STOCKS

STI dips as Covid-19 cases surge in Hubei

On Wednesday, developer Wing Tai Holdings reported a

Singapore shares slip as Covid-19 cases surge in Hubei province

INVESTOR sentiment in Asia was improving on the back of declining rate of deaths and new cases of infection associated with the novel coronavirus but all of that changed on Thursday.

Broker's take: UOB Kay Hian re-initiates coverage on Wing Tai with 'buy'

VIEWING Wing Tai Holdings as a "late-cycle economy play", UOB Kay Hian has re-initiated coverage on the mainboard-listed company with a "buy" recommendation and target price of S$2.54.

STOCKS

STI recoups losses as virus fears recede

THE region's equity markets continued to bounce back from their early-week losses as investors focused on picking up on Wall Street's lead, and fears about the spread of the novel coronavirus (now named Covid-19) faded.

Singapore shares jump 1.5% as novel coronavirus fears ease

THE region's equity markets continued to bounce back from their early-week losses as investors focused on picking up from Wall Street's lead, and fears about the spread of the novel coronavirus, which has been named Covid-19, faded.

STOCKS

STI takes breather from virus worries

Singapore's Straits Times Index (STI) clawed back most of the previous session's losses to close 12.42 points or 0.4 per cent higher at 3,175.57.

OCBC downgrades SIAEC to 'sell' as virus weighs on travel demand

OCBC Investment Research has downgraded SIA Engineering Company (SIAEC) to a "sell" and lowered its fair value estimate on the stock from S$2.86 to S$2.41, citing the effect that the novel coronavirus outbreak is likely to have on near-term demand for air travel.

Singapore shares rebound after strong session overnight on Wall St

ASIAN equities recovered from Monday's slide due in part to a strong showing on Wall Street, where the main benchmarks hit record highs.

Recent sell-offs on AEM and UMS an opportunity to buy on the dip: Maybank Kim Eng

MAYBANK Kim Eng is of the view that FY2020 earnings for semiconductor-related plays AEM Holdings and UMS Holdings remain intact despite recent market sell-offs amid the novel coronavirus outbreak.

Broker's take: OCBC downgrades SIA Engineering to 'sell' as virus weighs on travel demand

OCBC Investment Research has downgraded SIA Engineering Company (SIAEC) to "sell" and lowered its fair value estimate from S$2.86 to S$2.41, citing the effect that the novel coronavirus outbreak is likely to have on near-term demand for air travel.

Virus outbreak seen hitting Asian semicon recovery

ALTHOUGH the Asian semiconductor industry has shown signs of a strong recovery for much of the past quarter, this could be curtailed in February and March due to supply and demand-side disruption amid the novel coronavirus outbreak, Citi Research said.

HOT STOCKS

Healthcare plays back in favour; Sheng Siong up 4%

INTEREST in Singapore-listed healthcare-related plays may have cooled last week, but with renewed concerns over the fast-spreading novel coronavirus, punters returned to place their bets on these counters - billed as beneficiaries of the outbreak.

STOCKS

Virus spread continues to weigh on sentiment

ASIAN equity markets continued their slide to start the week, with investors keeping a close eye on developments of the fast-spreading novel coronavirus. New cases within China have slowed in the past week but Stephen Innes, AxiCorp's chief market strategist, noted that markets remain "extremely...

Singapore shares continue drop as virus spread weighs on sentiment

ASIAN equity markets continued their slide to start the week, with investors keeping a close eye on developments of the fast-spreading novel coronavirus.

Hot stocks: Healthcare-related plays back in vogue, supermarket operators see strong interest

INTEREST in Singapore-listed healthcare-related plays may have cooled last week, but with renewed concerns over the fast-spreading novel coronavirus, punters returned to place their bets on these counters - billed as beneficiaries of the outbreak. A local supermarket operator has also joined the...

Virus outbreak to hit Asia's semiconductor industry in Feb and March: Citi

ALTHOUGH the Asian semiconductor industry has shown signs of a strong recovery for much of the past quarter, this could be curtailed in February and March due to supply and demand-side disruption amid the novel coronavirus outbreak, Citi Research said.

STOCKS

Virus may steal limelight from earnings results

WITH the spread of the novel coronavirus showing little sign of abating, investor sentiment will continue to be dictated by developments from this front despite a slew of earnings releases from Singapore's largest corporates.

HOT STOCK

Shares slide 6% after Sembcorp flags S$245m impairment

SHARES in Sembcorp Industries (SCI) were sold down on Friday after the conglomerate issued a profit guidance overnight.

STOCKS

Virus anxiety returns on Friday but STI ends 0.9% up on week

GOING by the mood on trading floors across the Asia-Pacific, it would not be an overstatement to say anxiety has returned after three sessions of gains.

Singapore shares slide 1.6% on Friday but still up on the week

GOING by the mood on trading floors across the Asia-Pacific, it would not be an overstatement to say anxiety has returned after three sessions of gains.

Hot stock: Sembcorp shares down 5% after flagging S$245m impairment

SHARES in Sembcorp Industries are seeing a selloff during Friday's session after the conglomerate issued a profit guidance for its fourth quarter ended last December due to an impairment of S$245 million, which forms around 4 per cent of the company's net asset value as at Sept 30, 2019.