Shares & Derivatives
Tom K on Singapore stocks today
By Singapore Stocks Investing (SSI)  •  July 20, 2015
Today, NOL stock closed 7.429% higher at $0.94; this was as expected as investors bought in this stock in view of a report that Temasek Holdings is planning to sell of the loss-making shipping company. Temasek Holdings said today no decision has been made and that there is no assurance that there will be a sale taking place. I would think that investors who have earlier not been vested in NOL to refrain from speculating in this counter upon news of the sale as the dynamics of buyers, sellers and speculators could be quite complex. On the broader Singapore stocks markets front, most stocks headed north today as investors welcome all the Greece’s debt decisions. Amidst the current stocks market backdrop, it seems that it is a good time to invest in the Singapore stocks and I would think so too, but the onus is still to select ......
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By Singapore Stocks Investing (SSI)
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