Index components continue to move gradually higher on a rotational basis. DBS Group Holdings broke out of a sideways range on the first trading day of 2021. It is now consolidating its gains. Elsewhere, CapitaLand, currently at $3.47, moved above a several times tested resistance area at $3.20 to $3...

Uploaded By:  Paul Howell Submitted By:  Staff Reporter Case Study:  No The Straits Times Index ...

Uploaded By:  Paul Howell Submitted By:  Staff Reporter Case Study:  No The Straits Times Index ...

What a year 2020 was, with the coronavirus upending industries, supply chains and the livelihoods of many. On Dec 31, 2020, the last trading day of the year, the benchmark Straits Times Index (STI) slid 25.41 points or 0.89% to 2,843.81 points at the closing bell.  Year-on-year (y-o-y) this is ...

Maybank Kim Eng has reinstated coverage on CapitaLand Integrated Commercial Trust (CICT) with a “buy” rating and target price of $2.50. The brokerage notes that CICT’s valuations are “undemanding” given its FY21 dividend yield of 5.2% and book value versus history and peers. Moreover, it b...

Between CapitaLand and CapitaLand Integrated Commercial Trust (CICT), CapitaLand has greater relative strength comparative. Prices have moved above a several times tested resistance area at $3.20 to $3.23, just as the 50- and 200-day moving averages have made a positive cross. This coupled with risi...

Analysts have mixed views on the outlook of Suntec REIT, with RHB and Maybank analysts giving the counter a “buy” and “sell” rating respectively.  In his initiation report, Maybank Kim Eng’s Chua Su Tye has given a target price of $1.20 for the REIT, as he expects “challenging headw...

As Singapore is expected to enter Phase 3 of the reopening of its economy on Dec 28, OCBC Investment Research has recommended investors to focus on selected local real estate investment trusts (REITs). OCBC says certain REITs – in what the brokerage terms as the “Recovery S-REITs basket” – w...

The Straits Times Index (STI) was up 1.33% or 37.47 points to 2,859.17 as at 1.13pm on Dec 14 amid the rollout of Covid-19 vaccines in Canada, the UK and the US. Week-on-week, the index was up 1.19% from 2,825.51. Majority of the 30 constituents were in the green with CapitaLand Integrated Commercia...

At the risk of sounding obvious, 2020 has not been a normal year. That is why we are organising the annual Billion Dollar Club differently although we wish we could have a physical event so that we can meet our winners in person, congratulate them, greet old friends and make new ones. Nonetheless, t...