Singapore Stock Market News
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Publish date: Thu, 07 May 2015, 04:14 PM
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Welcome to Stockfanatic Singapore stock market and regional market news. This is a platform to share Singapore stock market and regional news to investors / man in the street. Investors can also look forward to analyst reports and brokers recommendations. Stockfanatic's Singapore stock market and regional news blog, home of investors one stop news station.
The FSSTI continued to trend upwards in April, rising 1.17% mom to 3,487.39. All eyes were on the Hang Seng Index, which rallied 13% mom due to the buying spree from mainland investors. Equity markets also took comfort from a weak 1Q15 GDP from the US as a signal that the normalisation of interest could be delayed. On the domestic front, reporting season is in full swing and aside from banks, which delivered stellar results, other companies generally performed in line with or below expectations.
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