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

Welcome to the middle of Monday! Here are four things you might want to look at today (and for the rest of the week) about Singapore’s share market.

1. The Straits Times Index (SGX: ^STI), Singapore’s market benchmark, has dipped by some 0.63% to 3,295 points as of the time of writing (1:16 pm, 17 November 2014). One share which has exacerbated the index’s fall would be Olam International Ltd (SGX: O32), which has fallen by 1.33% to S$2.22. The commodities trader released its first quarter earnings last Friday and the numbers aren’t pretty; after stripping away one-off gains, Olam’s profit collapsed by 29.4% year-on-year to S$32.2 million. My colleague James Yeo has taken a detailed look at the company’s latest results and you can find it here.

2. Switching gears a little, let’s move on to initial public offerings, or IPOs. One of the latest and more popular ones making the rounds is taxi-operator Trans-cab Holdings. If you’d like to find out more about Trans-cab, James has a great piece titled “5 Things You Should Know About Trans-cab Holdings Upcoming IPO.”

3. Sticking with Trans-cab, James’ article pointed out how the company has displayed consistent earnings growth and also carries a seemingly attractive valuation when compared with industry peers like ComfortDelgro Corporation Limited (SGX: C52) and SMRT Corporation Ltd. (SGX: S53). But, I took a closer look at Trans-cab’s listing prospectus and found an important risk to the company’s earnings which investors should be aware of. Find out more here.

4. The last interesting bit about Singapore’s share market you might want to think about for the rest of the week lies with the absurdities that are found in the finance industry here and around the world. Go on, take a look at it here and have a good laugh. Have a great week ahead, Fools.

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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 company mentioned.