Stocks
Singapore shares forecast to rise following Wall Street’s gains
Singapore shares forecast to rise following Wall Street’s gains
The optimistic outlook is amidst news that top central banks will collaborate.
Frasers Centrepoint Trust’s 48m new stocks over 4 times subscribed
New units priced at S$1.39 each received strong demand from more than 30 institutional investors.
Wall Street recovery provides optimism for Singapore
Singapore shares are set to open higher on 13 September 2011 after Wall Street recovered in late trading.
Threats of global liquidity squeeze hurt bank stocks
DBS and OCBC shares, for instance, dropped more than 1% on 9 September 2011.
Sheng Siong Group stays ‘recession-proof’
Its stock rallied 47% above IPO price of $0.33 since its trading debut last month.
Singapore stocks take a beating amidst fears of a US recession
NOL’s shares, for instance, plunged 5.3%.
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