Straits Times Index (STI)

Retail and institutional investors diverge on stock picks in May as STI picks up from dip: UOB Kay Hian - THE EDGE SINGAPORE

Broker's Calls

Retail and institutional investors diverge on stock picks in May as STI picks up from dip: UOB Kay Hian

Institutional were net buyers in May, while retail investors were net sellers.
DBS lifts STI year-end target by 4.5% to 3,325; sees recent share price correction as 'last chance' to buy - THE EDGE SINGAPORE

Singapore economy

DBS lifts STI year-end target by 4.5% to 3,325; sees recent share price correction as 'last chance' to buy

The higher estimate comes as only 6 out of 30 STI components are directly affected from the tighter measures.
Phase 2 could cause earnings deterioration for upcoming 2Q results: CGS-CIMB - THE EDGE SINGAPORE

Broker's Calls

Phase 2 could cause earnings deterioration for upcoming 2Q results: CGS-CIMB

Banks, which typically drive the market EPS, may be more conservative in their assessment of asset quality, says CGS-CIMB.
Sudden surge for The Hour Glass as STI meanders sideways - THE EDGE SINGAPORE

Right Timing

Sudden surge for The Hour Glass as STI meanders sideways

The Hour Glass experienced a price and volume surge that took prices to above the book value of 97 cents.
Banks’ bounce triggers STI’s rebound off support; outlook cloudy - THE EDGE SINGAPORE

Right Timing

Banks' bounce triggers STI's rebound off support; outlook cloudy

The STI is likely to remain within a range for 3,040 and 3,150 during the week of May 24-28.
STI could find support soon, property stocks weak, penny stocks weaker - THE EDGE SINGAPORE

Right Timing

STI could find support soon, property stocks weak, penny stocks weaker

The STI could find support at 3,040, and stage a temporary rebound. IFAST has gained strength relative to the index.

Singapore economy

Singapore's stock rally stalls after return to Phase 2 measures

The Straits Times Index has slipped almost 1% so far in May
Investors take umbrage with SPH’s restructure by selling down - THE EDGE SINGAPORE

Right Timing

Investors take umbrage with SPH’s restructure by selling down

SPH's chart has broken down setting a downside objective. The STI's rebound is likely to encounter resistance at 3,222
Transport stocks, retail REITs, as well as re-opening beneficiaries to be impacted by Phase 2 measures: CGS-CIMB - THE EDGE SINGAPORE

Broker's Calls

Transport stocks, retail REITs, as well as re-opening beneficiaries to be impacted by Phase 2 measures: CGS-CIMB

Counters that have benefitted from the Covid-19 pandemic could see a renewed interest, says CGS-CIMB analyst Lim Siew Khee.
STI continues upward trajectory in April, but Covid-19 measures may pose setback in May: analysts - THE EDGE SINGAPORE

Broker's Calls

STI continues upward trajectory in April, but Covid-19 measures may pose setback in May: analysts

DBS believes the STI is poised for a pullback in the near term.
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