The Straits Times Business News

NEWS HIGHLIGHTS

28.9.20

SPH, News Corp Australia to bring digital marketing service for SG SMEs

 

SINGAPORE Press Holdings (SPH) and News Corp Australia (NCA) have signed a three-year partnership to bring NCA's digital marketing service, News Xtend, to Singapore, the companies said in a joint statement on Monday.

Semb Marine bearish, as Oil prices remained weak where rising coronavirus cases upset hopes for a smooth recovery in marine sector


"New COVID-19 case numbers are accelerating in major US states, renewing fears of mobility restrictions challenging the ongoing oil demand recovery in the last quarter," ANZ analysts said in a note.



25.9.20

Stock to watch: Keppel-owned M1 the third mobile network operator to offer non-standalone 5G in Singapore

 

Keppel Corp: Telco M1 launched its 5G non-standalone network on Thursday. The latest move makes Keppel-owned M1 the third mobile network operator to offer non-standalone 5G in Singapore, after StarHub in mid-August and Singtel earlier this month. Keppel Corp shares closed down S$0.06 or 1.4 per cent to S$4.10, before the announcement




23.9.20

Is Mapletree Industrial Trust price pattern trapped in "Triangle Convergence" ?

 Since news on Jun'20, Mapletree Industrial Trust been on an upside and ascending move recently. 



Will NASDAQ uptrend resume? Are tech bulls still roaming above 10500 Key Support?

 

Flashback: NASDAQ hit intraday Low of 10519 before staging its Rebound from 10500 Key Support (refer post 2 days ago dtd 21st Sep'20). 

Is Covid Vaccines available before Nov 3 election as 2nd wave surges? Will NASDAQ pullback significantly if vaccines are out? Watch 10500 KS as a guide. 

Wall Street's Tuesday rebound was led by a 1.7% gain in the Nasdaq (IXIC) as a broker upgrade lifted Amazon.com (O:AMZN) by nearly 6%. The Dow and S&P 500 made more muted gains of 0.5% and 1% respectively. 





Singtel sinks to 12-year low (Rebound in Bear Trend sustainable?)

 


"But even as its share price has skidded since the start of this year, Singtel remains the most widely owned stock in Singapore with some 16.32 billion shares outstanding as at Tuesday, according to the Singapore Exchange's website. Singtel's website also states that there are more than one million Singaporeans among its retail shareholders."


21.9.20

Is NASDAQ Uptrend still Intact ?

ALERT: Key Support 10500 Failure can open door to Sharper 
Falls ahead ?