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

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

1. Singapore’s market benchmark, the Straits Times Index (SGX: ^STI), is down slightly by 0.14% to 3,340 points today as of the time of writing (11:35 am). The index has had pretty much a flat week so far as it ended last Friday at 3,345. There’s one share though, which has had a smashing week and that is  Forterra Trust  (SGX: LG2U). The business trust, which owns commercial real estate in China, had surged by 21% in price on Monday immediately after its main unit-holder Nan Fung International Holdings Limited upped its takeover price for Forterra Trust from S$1.85 per unit to S$2.25. Learn more about the deal and what it means for unit-holders here.

2. Let’s switch gears to Singapore’s chilly markets. On Monday, the Straits Times had published an article by financial journalist Goh Eng Yeow which talked about how Singapore’s share market seems to have been neglected by market participants. This has been bad news for remisers (who have certainly been suffering according to Goh’s article), but for long-term investors, it can be a great thing. I’d let my colleague Chong Ser Jing walk you through exactly what that’s so.

3. Sticking with the topic about lifeless markets, Ser Jing then decided to plough ahead and see if Singapore’s market had really been devoid of exciting big winners over the past few years. For a short version, the answer’s no. For a longer look, jump in here.

4. I’m done with the topic of slow moving markets so let’s move on to some fun stuff. And by fun stuff, I mean cheap shares. The commodity outfits Golden Agri-Resources Ltd (SGX: E5H), Wilmar International Limited (SGX: F34), and Noble Group Limited (SGX: N21) are carrying very low valuations at the moment as measured by their price-to-sales (PS) ratios of 0.6, 0.4, and 0.07 respectively. But, they would very likely not attract investors who model their investing style after Warren Buffett despite him being a well-known value investor who likes cheap shares. Find out why smart investors like Buffett might choose to shun these shares.

For more free investing analyses and important updates about the share market, check out the Motley Fool's weekly investing newsletter Take Stock Singapore. This free newsletter can teach you how to grow your wealth in the years ahead, so do check it out here.

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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 Stanley Lim doesn’t own shares in any companies mentioned.