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

Welcome to Monday evening! Here are three things about Singapore’s stock market and investing in general that you might want to look at today and over the weekend.

1. China’s economic growth is slowing. This isn’t a new development. Here’s something to chew on though: How might one capitalize on that? My colleague David Kuo had shared his thoughts on the issue recently. Check here out for more.

2. Singapore’s stock market index, the Straits Times Index (SGX: ^STI), had climbed by 2.1% to 2,851 points today. In so doing, it has managed to escape bear market territory – at 2,851, the index is 19.6% lower than an April high of 3,550, which is below the bear market threshold of a 20% decline. But, a 19.6% fall is still big.

With the Straits Times Index’s sizeable decline, there are likely to be many stocks which are selling for cheap valuations. When hunting for bargains though, it pays to still be aware of the risks which may be involved. My fellow Fool Chin Hui Leong had recently shared two poignant risks we should take note of.

3. Gold is a precious metal which attracts some investors. Thing is, gold-investing is not as glittery as the metal itself is. Another of my fellow Fool, Stanley Lim, had penned his thoughts about the dangers involved with gold-investing earlier today. You can hit the link to find out more.

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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 companies mentioned.