The Singapore Market This Week

StockMarketBoardThe Straits Times Index (SGX: ^STI) shed 72 points, or 2.2%, to close at 3,138 points for the week. According to Bloomberg, the current PE ratio of the STI is 12.9 and the market capitalization is S$512 billion.

STI component stocks such as Jardine Matheson Holdings Limited (SGX: J36) and Thai Beverage Public Company Limited (SGX: Y92) fell more than the benchmark – losing 4.3% and 6.1% respectively. They closed at US$53.90 and S$0.535 apiece respectively. Jardine is trading at a PE of 21.6 while Thai Beverage is trading at a PE of 11.8.

SATS Limited (SGX: S58), a mid-cap stock, was a big gainer this week. It ballooned 5.8% to close at S$3.45. It recently announced that it would be gobbling up Singapore Cruise Centre from Temasek. SATS has been on a consistent upward trajectory for the past five weeks since 6 September 2013 and it is trading at 21 times historical earnings.

Small-cap Q & M Dental Group (Singapore) Limited (SGX: QC7) gained 5% this week to close at S$0.315. In mid-September, the company announced that it is incorporating a new subsidiary called The Lung Specialist Centre. The company is trading at a PE of 38.1.

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The information provided is for general information purposes only and is not intended to be personalised investment or financial advice.  Motley Fool Singapore contributor Sudhan P doesn’t own shares in any companies mentioned.