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

Hello, Fools! Here are three things about the local stock market and investing in general that you might be interested in today.

1. The Singapore stock market benchmark, the Straits Times Index (SGX: ^STI), ended the day at 3,303.1 points, up 22.8 points or 0.7%

The STI component that gained the most was property outfit, City Developments Limited (SGX: C09). It added 2.4% to S$12.21.

On Monday, the firm said that it might make a possible cash offer for its London-listed subsidiary, Millennium & Copthorne Hotels (M&C), at 552.5 pence per share. You can read more about it here.

Meanwhile, the only loser in the index was Comfortdelgro Corporation Ltd (SGX: C52), shedding 0.5% to S$2.03.

2. The earnings season is here so do check out some of the latest earnings coverage:

3. Are you looking to invest in the Chinese e-commerce sector? Look no further as my Foolish colleague, Jeremy Chia, explores the reasons why the e-commerce market in China is primed for further growth. Check out his take 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 contributor Sudhan P doesn’t own shares in any companies mentioned.