Index Level Up with REITs High Value : SGX Stock Live

With high peaks of REITs, SGX equities level up their values on Wednesday.

STI get 0.3% up at 3,295.03, on other-side MSCI's broadest index gained 1%.

REIT get up 0.7 % at S$1.41 just after healthcare real estate investment trust announcement of its distribution per unit rise up 9.4 % as-per last year value. In Mar 2013, REIT holdup two hospitals in Indonesia with S$190.4 million.

Another news of MapleTree Industrial Trust, it rise up 1.6 percent to S$1.585 with max level till 2010. It adds that distribution per unit rose 6.8 percent to 2.37 Singapore cents from a year earlier.

Index downs with poor data from US, China

SGX equities down as poorer then proposed data from US and China reviews about global economy. The Straits Times Index with 0.3 % down at 3284.63 points, otherside MSCI's broadest Index shed 1.3%.


China stated that its economic recovery grown up in first three months of 2013, while US data shows that consumer spends poorly in first Q 2013.The Decline in SGX stock was about 15% on this Monday. Its was poorest value. OUE gains 1.3% with S$3.03

SingTel Brings hope for RiseUp Stock : SGX News

SGX shares gained up after 3 continues losses, that are boost with US earnings season.

Straits Times Index was on 0.6 % high at 3304.84 points, but MSCI just rose 0.8 %.

Alcoa Inc from US, aluminium producer get up increase in profit on 08 April, its due to last 3 month results of the company in 2013.

The Good news is that SingTel get leads of gainers, with 1.9% to S$3.68. Its highest since June 2008. Today it actively traded stock.

A trader adds “The rise in share prices may be due to SingTel's participation in the bidding of mobile phone license in Myanmar,” with lot of interests.

Singapore-listed Yoma Strategic Holdings Ltd also said on Thursday it has joined a consortium led by the Digicel Group to bid for one of two mobile phone licenses that Myanmar is expected to award later this year.

Yoma shares added as much as 1.9 percent to S$0.785, gaining 5.4 percent after the bid announcement.

Index on balance with Rigbuilders Weigh : SGX LIVE

With the increase in losses of world's two largest rigbuilders, Keppel Corp Ltd and Sembcorp Marine Ltd, SGX Equity keep small change.

Again Straits Times Index keeps fix value, whereas MSCI's broadest index down with 0.2%.

On tuesday, Keppel Corp was well traded in SGX Market. Oil Rig Builder's shares down 1% og two month low of S$ 11.22. It keeps worst result now. Approx 3.9 Million Equity were traded over last 30 Days.

There was also underperformed role in market by Keppel's rival Sembcorp Marine. It keep 16 % of S$4.40, the lowest in a month.

"The drop in share prices could be seen as the profit-taking phase for the offshore and marine sector," a trader said.

Index Static, CapitaLand Rise up 1 Week High

SGX Equities got slightly change, as Investors focused on debt by Cyprus & deteriorating economic activity in the euro zone.

On Today, Straits Times Index as well as MSCI index remain static.

CapitaLand Ltd, Properyt Developer, performed well and traded widely by Friday value onwards. Equity gain 2% to a 1 week high about S$3.57.

Nomura inform that "Based on buyers' response to the new launches in March so far, it appears the latest measures have yet to dampen buyers' interest in the pre-sale market. There is scope for more policy changes, given the pre-sale market is still relatively robust. We expect secondary transaction volume to remain relatively low."

Its top pick among the developers is CapitaMalls Asia Ltd , while it remain cautious on City Developments Ltd.