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

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

1. Who wouldn’t like to know a magic formula which can guarantee that your investments would never lose money? I would love to grab hold of such a formula too. Unfortunately, there really isn’t such a thing in investing. But on the other hand, there are still simple things we investors can do to help stack the odds mightily in our favour. My colleague Chin Hui Leong had recently dug into the topic, so do check it out here.

2. We’re barely 16 days into a new year, and Singapore’s market barometer the Straits Times Index (SGX: ^STI) is already more than 2% lower than where it was at the end of 2014. Does this make you think of selling the shares you own? If it does, please reconsider as a short-term drop in a market index is hardly a good reason to consider selling your shares.

And speaking of selling, there are many other bad reasons for selling, as Hui Leong’s recent article shows. If you’re thinking of selling your shares now, do check out his work to see if you might just be selling for the wrong reasons and leave precious investing-gains on the table; even if you aren’t, Hui Leong’s article can still serve as a great reminder for future use.

3. It’s 16 January 2015 today – and that means we’re just three days away from 19 January 2015! I consider the latter date to be an epochal moment in Singapore’s stock market history as that’s the day when stock exchange operator Singapore Exchange Limited (SGX: S68) would finally make the reduction in board lot sizes happen.

The reduction – from a lot size of 1,000 shares to 100 – is a great thing for individual investors like you and me as it can allow us to purchase highly-priced shares, and at the same time, make it easier to construct more-balanced portfolios.

But despite its advantages, some investors are complaining that a reduction in lot sizes would not be useful if brokerages are still charging high commissions. This is where I have to disagree: As much as I would love to see lower commissions, I think the issue of high commissions is really not that big a deal. Jump in here to find out more about why I think so.

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 does not own any companies listed above.