Shares & Derivatives
Singapore Stocks: 12 May 14 to 16 May 14
By Singapore Stocks Investing (SSI)  •  May 16, 2014
Singapore stocks rallied in the week of 12 May 14 to 16 May 14 with the benchmark STI heading higher. Transport stocks like SMRT and Comfort Delgro advanced in their stock prices as some expect the government to announce more land transport improvement plans which will also benefit land transport operators when the parliament reconvenes on 16 May 14. In corporate results earnings, NOL again reported non-profits and this saw its stock price went south from $1 to around $0.975. Blumont, one of the trio penny stocks (Asiasons and LionGold are the other two) went 38% north in stock price on 15 May 14 after better financial results and this result also translated in big jumps in stock prices percentages for Asiasons and LionGold stocks on 15 May 14. In mergers & acquisitions, Wheelock Properties continues to increase its offer price to take Hotel Properties Limited to $4 per ......
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By Singapore Stocks Investing (SSI)
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