One way to determine how cheap or expensive stocks are in the local stock market is to look at the number of net-net stocks that are available. A net-net stock is a stock with a market capitalisation that is lower than its net current asset value. ( read original story ...)
Grab’s $500m syndicated facility deal 2.5 times oversubscribed
The deal will fund Grab Car's vehicle fleet. HSBC Singapore closed Grab's $500m five-year asset-backed syndicated facility, which has a potential upsize of $800m. The deal was 2.5 times oversubscribed, with a total of 16 bank and non-bank financial ... ( read original story ...)
More Pain Predicted For Singapore Stock Market
Ahead of Friday's holiday for Eid-ul-Fitr, the Singapore stock market had moved lower in three straight sessions, surrendering almost 85 points or 2.6 percent along the way. The Straits Times Index now rests just above the 3,355-point plateau and it may ... ( read original story ...)
PayNow Collaborates with Digital Insurer and DBS
PayNow is an electronic fund transfer service available to customers of any of the seven participating banks: Citibank Singapore Limited, DBS Bank/POSB, HSBC, Maybank, OCBC Bank, Standard Chartered Bank, and United Overseas Bank. FWD customers who wish to ... ( read original story ...)
How Cheap Is The Singapore Stock Market Now?
Knowing how cheap the stock market currently is, can help us to simplify our investing decision. There are two methods to find out if Singapore stocks are a steal or are in an overheated territory right now. The first method is to compare the market’s ... ( read original story ...)
IPOs by S’pore issuers up 78% in first half of 2018
Initial public offering (IPO) activity by Singapore issuers picked up pace in the first half of this year, although there were more cross-border listings. The overall number of IPOs - domestic and cross-border - by Singapore issuers was up in the first six ... ( read original story ...)
Continued Consolidation Called For Singapore Bourse
The Singapore stock market has moved lower in back-to-back trading days, surrendering almost 50 points or 1.5 percent along the way. The Straits Times Index now rests just above the 3,390-point plateau and it may take further damage again on Thursday. ( read original story ...)