Tag: stock markets

Straits Times Index surges as sentiments improves | Take Profits or Buy into Strength? | Singapore Stock Market

Singapore stock market was once again sizzling after a Hari Raya holiday break. On the last day of the month, the¬†benchmark Straits Times Index was up 93.37 points to close at 2,885.26. Gainers outnumbered losers 513 to 89. A total of 2.28 billion shares, valued at $2.44 billion, changed hands. The strength in the day volume signify the return of…

Keppel Corp (KepCorp) – Stock with good valuation amidst weak market sentiments | Accumulate on price weaknesses | Singapore Stocks Review

Keppel Corp (KepCorp) is among the Singapore Blue Chips which was highlighted in my previous post on good valued stocks to keep a watch out during this financial volatility. Keppel Corp is a Singapore-based conglomerate with businesses engaged in rig-building, utility operation, and property development/investment. The company is one of the world’s largest rig-builders in terms of global market share.…

Starhub (CC3) – a good defensive play during uncertainty period and post Singapore Election 2011 | Technical Analysis | Stock Markets

On 5th May 2011, StarHub (CC3) Ltd reported its 1Q11: 1) Revenue inching up 0.2% YoY to S$558.5m (fell 0.1% QoQ due to seasonality), 2) Net profit, on the other hand, jumped 62.1% YoY to S$69.1m (but slipped 14.1% QoQ). StarHub has declared a quarterly dividend of S$0.05/share, payable on 2 Jun 2011. For the entire 2011, StarHub continues to…