3 Things You Need to Know About the Singapore Stock Market Today
Welcome to a new month! Here are three things about the local stock market and investing in general that you might be interested in today.
1. The Straits Times Index (SGX: ^STI), ended Tuesday at 3,338.20 points, adding 8.68 points or 0.26%. The biggest winner in the index was property giant, City Developments Limited (SGX: C09), closing at S$11.67, up 3.6%.
On the other hand, Singapore Telecommunications Limited (SGX: Z74), was the STI component that lost the most ground. It pared 2.8% to S$3.86. The telco was one of the few companies that went ex-dividend today. To know about some of the other listed stocks that will be paying dividends this week, dive in here.
2. The earnings season is here so do check out some of the latest coverage:
- Raffles Medical Group Ltd (SGX: BSL) – click here
- OKP Holdings Ltd (SGX: 5CF) – click here
3. Have you ever wondered how to analyse bank stocks such as DBS Group (SGX: D05), Oversea-Chinese Banking Corporation (SGX: O39) and United Overseas Bank (SGX: U11)? You don’t have to wonder anymore as my Foolish colleague, Jeremy Chia, has made life easier for you. Check out part two of his three-part series on how to analyse a bank here. Part three will be published tomorrow, so stay tuned for that!
