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

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

1. Let’s kick things off with Singapore’s market barometer, the Straits Times Index (SGX: ^STI). The benchmark index is down by 0.50% to 3,334 points as of the time of writing (1:00pm) but Keppel Corporation Limited  (SGX: BN4) and Sembcorp Marine Ltd  (SGX: S51) have fared way worse with declines of 3.11% and 3.19% respectively.

Both companies, which are heavily involved with the oil & gas industry due to their rig-building businesses, have been punished because of a fall in oil prices following the latest OPEC meeting. The cartel of oil producers have elected not to cut their production targets and this has caused the price of Brent crude to sit at around US$70 per barrel currently. Brent crude was as high as US$115 per barrel only in June this year.

2. Talking about oil & gas companies, things are getting ugly in that space with firms like Ezion (SGX: 5ME) actually dropping by 10.94% today as of the time of writing. I’ve taken a look at which oil & gas shares are facing the highest risks if oil prices fall further, so do check it out here.

3. Let’s move on to cheerier topics, such as how we can find interesting investing opportunities. John Neff’s a name not many may have heard of, but he had left a tremendous legacy in the investing world when he retired in 1995. My colleague Chin Hui Leong had recently dug into Neff’s investing principles to show us how we, as individual investors, can apply them in a practical manner here in Singapore. Find out more 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 writer Chong Ser Jing doesn't own shares in any company mentioned.