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

Welcome to the middle of Friday! Here are three things about Singapore’s share market you might want to look at today and over the weekend.

1. Singapore’s market barometer, the Straits Times Index (SGX: ^STI), is up by 0.45% to 3,334 points as of the time of writing (11:24 am). Among the blue chips leading the way are Jardine Strategic Holdings Limited  (SGX: J37) and Hutchison Port Holdings Trust (SGX: NS8U), which are up by 2.40% and 1.47% respectively. Now, what’s the point of me telling you about what these shares have done on Friday morning?

Turns out, there is no point in me doing so. The same goes with much of what you might see in the financial media as there’s plenty of opening, mid-day, and end-of-day updates about short-term stock price movements – more often than not, they contain no useful information at all for long-term investors. The great investor Ralph Wanger (as manager of the Acorn Fund, he generated 16.8% annualised returns from 1970 to 1996, far outpacing the S&P 500’s returns of 13.1% per year over the same period) once lamented about this fact by drawing a brilliant analogy between an excitable dog, its owner, and the stock market. Read more about it here.

2. The stock markets of emerging economies can often seem like exciting places for investors to invest in given the promise of super-charged economic growth. But as it turns out, that can be an extremely dangerous way to invest. I’ve dug deeper into the topic recently, so check it out here.

3. Rummaging through the list of shares near 52-week lows can be an effective way for investors to find potential bargains. Two shares that are currently part of such a list includes Challenger Technologies Ltd. (SGX: 573) and MTQ Corporation Limited (SGX: M05) – but are they really opportunities for intrepid investors, or are their businesses in serious trouble? My colleague Chin Hui Leong has taken a look at both shares recently, so find out what he thinks about them by jumping in 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.