How Did the Singapore Market Fare This Week?

Over the week, the Straits Times Index  (SGX: ^STI) had declined by 0.6% to 3,391 points as compared to last Friday’s close at 3,412 points.

Of the 30 index components, 22 of them were in the doldrums, while the rest ended the week in the green.

The biggest loser in the index was CapitaMall Trust (SGX: C38U). The real estate investment trust, which owns shopping malls predominantly in Singapore,  fell 7% to S$2.09. It released its results for the whole of 2014 last Friday and saw gross revenue and distributions grow by 3.3% and 5.6% respectively despite its malls having suffered from a 0.9% dip in shopper traffic.

On the other end of the scale, Keppel Corporation Limited (SGX: BN4) put on 7% to end Friday at S$8.70. It was announced last week that the conglomerate wants to take its subsidiary Keppel Land Limited (SGX: K17) private; Keppel Corp held a 54.6% in Keppel Land just prior to the privatisation announcement. Keppel Land ended Friday at S$4.54, having gained 24% for the week.

Outside the Straits Times Index, OSIM International Ltd. (SGX: O23) saw its share price gain 4.6% to S$1.94. The health and wellness firm will be releasing its financial results for the whole of 2014 on the coming Tuesday.

For the third quarter  of 2014, Osim saw its net profit plunge by 28% year-on-year. This came after 22 continuous quarters of record profit. The upcoming earnings release from Osim will be an interesting one to watch. The firm is currently trading at 15 times its historical earnings.

The STI is now going at a price-to-earnings ratio of 13.8 and has a market capitalisation of S$560 billion.

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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 Sudhan P doesn’t own shares in any companies mentioned.