City Developments

Beware headwinds in property sector but also seize the day

SINGAPORE (Sept 21): Despite the resale market remaining vibrant in August, with 750 caveats lodged, OCBC Research is maintaining its “neutral” call on the property sector, citing physical oversupply for 2016 to 2017.

What stabilisation of private home sales means

SINGAPORE (Sept 19): Singapore’s property market received a boost from resale transactions in light of flagging primary sales in August, says DBS.

Market Close

STI closes 0.14% lower at 2,805.52

SINGAPORE (Sept 25): Singapore stocks closed lower on Thursday, falling for the fourth consecutive session amid increased volatility in the global markets this week.

Stocks To Watch

STI closes 0.32% lower at 2,809.35

SINGAPORE (Sept 14): Singapore stocks closed weaker on Wednesday, dragged downwards in the afternoon by regional losses as global markets beat a retreat. Locally, property firms and offshore marine companies were among the worst hit.

Singapore market getting bad to worse, says Credit Suisse

SINGAPORE (Sept 14): The Singapore market is going from bad to worse in terms of corporate profitability and economic growth according to a report by Credit Suisse published on Sept 9.

Stocks To Watch

CDL, Avic, Ezion, Charisma Energy, Rex, Serrano

SINGAPORE (Sept 6): Here are some stocks that could move the market this Tuesday morning:

Market Close

STI closes 1.7% higher at 2,851.74

SINGAPORE (Sept 5): The Singapore market ended higher on Monday following positive cues from the Wall Street and the Asian markets.

Singapore sale of rare Marina Bay land set to fetch bumper price

SINGAPORE (Sept 2): The first sale of land in Singapore’s Marina Bay in nine years is set to fetch a bumper price as developers jockey for a piece of the sought-after financial district.

Market Close

STI closes 0.1% lower at 2,841.19

SINGAPORE (Aug 22): Singapore stocks closed weaker on Monday evening.

Market Close

STI closes 0.3% lower at 2,834.35

SINGAPORE (Aug 17): The Straits Times Index on Wednesday closed 0.5% to 2,843.35, with losses in stocks on and off the benchmark mostly in sectors vulnerable to global trends like commodities and offshore marine.
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