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

Welcome to a brand-new week, Fools! Here are three things about the local stock market and investing in general that you might be interested in today.

1. The local stock market benchmark, the Straits Times Index (SGX: ^STI), ended the day at 3,323.06 points, up 3.95 points or 0.12%.

The STI component that gained the most was Thai Beverage Public Company Limited (SGX: Y92). It added 2.1% to S$0.96.

Meanwhile, the biggest loser in the index was Comfortdelgro Corporation Ltd (SGX: C52). Its shares tumbled 1.5% to S$2.02.

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

3. My Foolish colleague, Jeremy Chia, looked at four reasons why investing our Central Provident Fund (CPF) money in shares may not be a good idea. Two of the reasons are:

  • Many investors do not earn more than CPF interest rates; and
  • Frictional costs may eat into stock investment returns.

You can check out the article in its entirety here to learn 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 contributor Sudhan P doesn’t own shares in any companies mentioned.