MENU

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

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), ended the day at 3,521.3 points, down 20.6 points or 0.6%.

Among the 30 index constituents, 19 were in the red, with the largest loser being Wilmar International Limited (SGX: F34). The agribusiness group’s shares slumped 2.2% to S$3.17.

Venture Corporation Ltd (SGX: V03) emerged as the leader in the winners’ camp, adding 1.5% to S$23.15. Other than the electronics manufacturing services outfit, seven other blue-chip companies ended Thursday in the green. The remaining index components were unchanged for the day.

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

a) Soilbuild Business Space REIT (SGX: SV3U) click here

b) First Real Estate Investment Trust (SGX: AW9U) – click here

3. In 2017, shares of the three Singapore-listed banks rose more than 29% each. With dividends added to the mix, each bank stock produced an average return of close to 42%.

My Foolish colleague, Jeremy Chia, is positive that the good showing can continue this year. You can find out why by heading here.

There are 28 surprising and important things we think every Singaporean investor should know--and we've laid them all out in The Motley Fool Singapore's new e-book. Packed with information and insights, we believe this book will help you be a better, smarter investor. You can download the full e-book FREE of charge--simply click here now to claim your copy.

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.