MARKET OVERVIEW- The market could face further pressure amid escalating US-China trade tensions with latest news that US President Trump has threatened to hit China with new tariffs on USD200b of Chinese imports. - Meanwhile, oil rose as some producers mull a smaller output boost ahead of OPEC meeting later this week..- Technically, the STI is grossly oversold but appears entrenched in a downtrend after breaking below its 200-dm at at 3,340 and could head towards the next support at 3,280.POSITIVE NEWS*Lian Beng- Awarded $95.8m contract by Tripartite Developers to build a condominium at Flora Drive.- The development comprise nine 8-storey residential blocks, clubhouse with one basement car park, swimming pool and tennis court.- Construction is expected to commence in Jul '18, for a period

While delistings on stock markets is routine and doesn’t necessarily bode disaster, its not hard to imagine that SGX would like to reduce the scale of delistings on the Singapore market, and counteract with new listings. Delistings have outpaced listings on SGX in five of the past eight years. In 2017, there were a total of 29 delistings from SGX, contrasted by 20 new listings. Part of SGX’s strategy to grow the local equities market is to pursue the Technology sector by making it a more attractive place for technology companies to list. Last year, SGX began floating a proposal to allow dual-class shares, which is a structure that is quite fashionable in Silicon Valley and has been growing in popularity elsewhere. In this instalment of 4 Stocks This Week, we will look at four new list