SGX Singapore Stocks & Forex Live Picks
Singapore Stock Index at 2 Months High - Hongkong Land and CapitaLand Lift the Index
Your Advisor
Publish date: Fri, 07 Dec 2012, 03:25 PM
Your Advisor
0 10,452
Blog for SGX Singapore Stock & Forex Recommendations gives you Live Stock Picks, we provide all SGX Stock Picks, Singapore Share Prices, Forex Trading Recommendation along with STI Quotes. Get Live SGX Singapore Picks.
Singapore shares rose to the highest in two months, lifted by Hongkong Land Holdings Ltd and CapitaLand Ltd on hopes of stronger property sales in China, whose economy is showing signs of picking up.
The Straits Times Index rose as much as 1 percent to 3,109.92 points, the highest intra-day level since Oct. 5. MSCI's broadest index of Asia-Pacific shares outside Japan was 0.5 percent higher.
Shares of Hongkong Land rose as much as 4.4 percent to the highest since early August 2011, while CapitaLand shares gained as much as 3.4 percent to their highest since late January last year.
Hongkong Land and CapitaLand have significant exposure to the Chinese property market.
"One reason is the China portfolio is looking good. Li Keqiang keeps talking about rural urbanisation, sending China properties stocks soaring," said a trader.
Chinese Vice Premier Li Keqiang said urbanisation will drive most of the country's development in the next decade, the local media reported last week, boosting Chinese property, railway and other infrastructure-related stocks.
The pace of activity in China's manufacturing sector quickened for the first time in 13 months in November, a survey of private factory managers found, adding to evidence that the economy is reviving after seven quarters of slowing growth.
Related Stocks
| Chart | Stock Name | Last | Change | Volume |
|---|
More articles on SGX Singapore Stocks & Forex Live Picks
There's No Recession, but a Market Correction Could Cause One
Created by Your Advisor | May 10, 2017
TECH TARGETS: EUR/USD, GBP/USD, USD/JPY, AUD/USD, NZD/USD - UOB
Created by Your Advisor | Mar 23, 2017
M Asia Trade Tech Targets: EUR/USD, AUD/USD, NZD/USD, USD/JPY - UOB
Created by Your Advisor | Mar 22, 2017
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
New Update. Discover investment communities that resonate with your ideas
Trade Confidently & Analyze Charts Conveniently - Download VCPlus IOS & Android App Now!
Latest Videos
Apps
Top Articles
1
THE SINGAPOREAN INVESTOR
Investing in Singapore's Hospitality Scene: A Look at the 5 Listed REITs
2
RHB Investment Research Reports
Food Empire - Expanding Ingredients Capability in Vietnam; BUY
3
Collin Seow Remisier Blog
4
RHB Investment Research Reports
ST Engineering - Rolling Forward Our Valuation; Reiterate BUY
5
CEO Morning Brief
Singapore Home Sales Set for Worst Year Since Financial Crisis
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
