Singapore’s stock market rally slammed by oil and gas woes

The S&P 500 index slid for a third day, dragged by financial (-0.9%) and utility (-0.68%) sectors. Market sentiment has been weighed by news that the FBI is probing possible ties between Russia and Donald Trump’s presidential campaign, according to FBI ... ( read original story ...)

Singapore Bank Stocks: More Oil Pain to Come?

DBS is Maybank Kim Eng’s preferred pick within its Singapore banks coverage despite having the largest exposure to Ezra Holding, the Singaporean oil & gas services company which has filed for U.S. bankruptcy. Maybank Kim Eng has a hold rating DBS with a ... ( read original story ...)

Singapore banks’ exposures Ezra ‘lower than expected’

SINGAPORE (March 20): UOB KayHian says it is keeping to its conservative 2017 earnings forecast for Singapore’s banking sector, which is 6% below consensus estimates for DBS and 7% below consensus estimate for OCBC. This comes after factoring the banks ... ( read original story ...)