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

Good evening, everyone. Here are three things about the local stock market and investing in general that you might be interested in today.

1. The Straits Times Index (SGX: ^STI) finished the day at 3,399.09 points, declining 20.04 points or 0.59%.

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The biggest loser in the index was Wilmar International Limited (SGX: F34), slumping 3.9% to S$3.19.

Yesterday, the agribusiness group released its financial results for the third quarter ended 30 September 2017. Revenue inched up by 0.4% year-on-year to US$11.13 billion, but net profit slumped 5.7% to S$370.03 million. The top line was propped up by “increased sales from Oilseeds & Grains” while the bottom line fell mostly due to higher operating expenses.

On the other end of the spectrum, Ascendas Real Estate Investment Trust (SGX: A17U) gained the most today. The industrial REIT added 0.4% to S$2.65.

2. Below are some of the latest earnings coverage:

3. Amidst the flurry of earnings reports, if you are cracking your head and wondering if it is a better time to buy a stock before or after a company’s financial results are announced, you should check out Jeremy Chia’s article here.

(Hint: Always focus on the long-term.)

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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.