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 for the rest of the weekend) about Singapore’s share market.

1. The Straits Times Index (SGX: ^STI), Singapore’s market bellwether, is up 0.31% to 3,351 points as of the time of writing (12:11 pm). One share which is not doing its part to help prop up the index is commodities trader Noble Group Ltd (SGX: N21) – the share is flat at S$1.22. The absurdly low price-to-sales ratio of 0.06 for Noble Group’s shares currently might make it seem cheap in the eyes of some investors. But for value mavens who follow the doctrines of the legendary investor Benjamin Graham, would Noble look like an attractive value share? My colleague Adam Kuo gives his take.

2. Moving on to other interesting investing analyses, my colleague Chin Hui Leong recently dissected the business of the market-beating and fast-growing restaurant operator Japan Foods Holding Ltd (SGX: 5OI) to see if there’s any more fuel left in the tank. There are two parts to Hui Leong’s analysis, so check out part 1 here and part 2 here.

3. Let’s switch gears now to a topic which many investors might be concerned about: The current low interest rate environment and how the share market might be affected by a potential rise in rates. Turns out, investors might be fretting about an unimportant point –a look back at more than 80 years of market history shows that how interest rates move can have no effect on share price valuations. I’ve recently explored the topic in greater depth, so do check it out here.

To learn more about investing and to keep up to date on the latest financial and stock market news, sign up for a FREE subscription to The Motley Fool's weekly investing newsletter, Take Stock Singapore. Also, like us on Facebook to follow our latest hot articles.

The Motley Fool's purpose is to help the world invest, better.

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 owns shares in Japan Foods Holding.