Facelift of Hang Seng Index (Business Times)

SINGAPORE MARKET HSI’s facelift sparks calls to revamp STI to include key growth sectors NEWS of the Hang Seng Index’s (HSI) soon-to-be facelift has led market watchers to voice support for a similar revamp of the Straits Times Index (STI) to include more representation in other key growth sectors, while easing its heavy bias towards … Read more

VCC: The Right Structure at the Right Place, Right Time (The Edge)

In recent months, there has been considerable media attention on Variable Capital Companies (VCC), a flexible corporate structure for funds that was introduced in Jan 2020 by the government. The Edge write-up this week is the most comprehensive. Catch it if you are keen to know more about VCCs. In my view, it is a … Read more

SPH booted out of the STI (Straits Times)

Read Article Here SPH dropping out of STI shows how yield-driven S’pore stock market is, say analysts SINGAPORE — The replacement of Singapore Press Holdings (SPH) with Mapletree Industrial Trust on the Straits Times Index (STI) underlines how the Singapore stock market is very much yield-driven, a reflection of investor sentiment here, analysts said. They … Read more

One of the bloodiest sessions in recent memory (Today Online)

Read Article Here Investors urged to stay on the sidelines, as STI sees largest single-day drop in over 10 years SINGAPORE — The Singapore stock market on Monday (March 9) suffered its largest single-day drop since October 2008, as markets around the globe were battered following a plunge in oil prices that fuelled rising alarm over the … Read more

Vicom proposes stock split (Business Times)

VICOM’S proposal to split each of its ordinary shares into four could breathe new life into a relatively illiquid stock known for dishing out steady dividends. Vicom’s theoretical post-split share price of S$1.953, calculated based on the volume weighted average price of S$7.813 per share for trades done on Feb 12, would make the stock … Read more

Brexit & Pound (Business Time)

Read Article Here Mixed impact seen for pound rout on Singapore firms NATALIE CHOY JUL 25, 2019 05:50 AM Singapore THE British pound, which has fallen since the Brexit vote, took another beating with the changeover at No 10 Downing Street – but its impact on Singapore firms with UK exposure is likely to be … Read more