The Week In Numbers: Needle In A Haystack

Have you ever tried looking for a needle in a haystack? Well, the needle just got a whole lot bigger and then haystack a whole bunch smaller thanks to Singapore Exchange (SGX: S68).

The exchange has just launched StockFacts, which means that private investors can narrow down a myriad of stocks to just a handful based on 20 different search criteria. So, if you have ever wanted to know how many stocks have a market value of over S$1b, a minimum dividend yield of 4%, a price-to-book of less than one and are less volatile than the market, you can now with a couple clicks of your mouse.

According to the bean-counters at Singapore’s Department of Statistics, inflation as measured by the Consumer Prices Index (CPI) fell to a six-month low of 0.9% in August. The surprisingly low number was thanks in part to lower premiums needed to buy a car and a softer house rental market. Meanwhile, though, non-cooked food prices rose at a rate of 3.4% and services inflation rose at 2.1%.

Alibaba has pulled off one of the largest ever floatation in stock market history. The China-based online retailer raised US$25b through an Initial Public Offering (IPO) in the US. Frenzied trading on the first day saw the shares jump 38% on its IPO price of US$68. Fans of Alibaba were not backward in coming forward in voicing their justification of the sky-high valuation.

Chilli crabs anyone? It seems that yet another restaurant group might be eyeing a possible floatation on the Singapore stock market. The ever-popular Jumbo Group is reportedly looking to raise S$30m to help fund an expansion into China. Details are, at best, sketchy. But if other listed restaurants are anything to go by, cooks should think seriously about staying in the kitchen.

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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 Director David Kuo doesn’t own shares in any companies mentioned.