3 Things You Need To Know About the Singapore Share Market Today


Welcome to the middle of Friday. Here are three things you might want to look at today (and over the weekend) for Singapore’s share market.

1. The Straits Times Index (SGX: ^STI) is up slightly by 0.3% to 3,306 points as of the time of writing (2:20pm, 15 August 2014). Earlier in the week, Singapore’s Ministry of Trade and Industry had lowered its growth forecast for our nation’s Gross Domestic Product (GDP) in 2014; a previous projection of a 3.5% increase in GDP for the year had been notched down a step to 2.5%. Find out more here and here.

2. It is a tale of both worlds for some of the STI’s constituents. Both City Developments Limited (SGX: C09) and Golden Agri-Resources Ltd (SGX: E5H) had reported second quarter results yesterday and both saw double-digit declines in profit. But, shares of the former’s up 1.9% while the latter’s down 1.9%.

3. Speaking of the STI’s 30 constituents, find out what are the three things David Kuo likes about SIA Engineering Company Limited (SGX: S59). And sticking to the theme of things to like about a certain company, Chin Hui Leong has 160 reasons why ComfortDelGro Corporation Limited  (SGX: C52) might still continue growing.

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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 writer Chong Ser Jing doesn’t own shares in any companies mentioned.