SGX Listed Stock

ACROMEC LIMITED (SGX:43F)


SGD 0.185
+0.003 / +1.65%
Share Price as of: 2018-08-20 11:28
Market / ISIN Code: Catalist / SG1CH1000006
GICS® Sector / Industry Group / Industry: Industrials / Capital Goods / Construction and Engineering


Acromec Blogger ArticlesACROMEC LIMITED Blogger Articles SGX Listed ACROMEC LIMITED (43F.SI) Blogger Articles 43F.SI Blogger Articles
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Alan Luo
2018-07-13 08:48:21
SG Market (13 Jul 18)
MARKET OVERVIEW- Local stocks may track gains on Wall Street after Chinese and US officials signalled they were open to resuming trade talks as China appeared to tone down on hitting back at latest tariff threats.- Technically, the immediate resistance for STI is seen at 3,280 with further upside capped at 3,340. Underlying support at 3,190-3,200 remains intact in the near-term.MACRO WATCH*Economy- Advance estimates show the Singapore's 2Q18 GDP expanded by slower-than-expected 3.8% (est: +4.1%, 1Q18: +4.3%).- Manufacturing remained the key driver but moderated to 8.6%, down from 9.7% in previous quarter, with growth led by electronics and biomedical clusters.- Services also saw slower growth of 3.4% (1Q18: +4%), supported by finance & insurance, and wholesale & retail trade sectors. - Con
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Alan Luo
2018-06-25 09:01:19
SG Market (25 Jun 18)
MARKET OVERVIEW- Trade issues could continue to dog the market as President Trump mull fresh tariffs against European cars and new measure to restrict Chinese investments but some reprieve may come from PBOC's reserve requirement cut to free up USD100b in liquidity before US tariffs take effect next week.- Technically, the STI is heavily oversold with immediate support at 3,280, while resistance lies at 3,340.POSITIVE NEWS**Sembcorp Industries - Secured a 50MW project from the HDB and the EDB to build, own, operate and maintain grid-tied rooftop solar systems across 848 HDB blocks and 27 government sites in Singapore.- Construction will begin in 3Q18, and is targeted to be completed by 2Q20.- This deal makes Sembcorp a major solar player in Singapore with combined solar energy portfolio of





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