Singapore Exchange Limited (SGX: S68)
Singapore Exchange Limited, or SGX, is Singapore’s sole stock exchange operator. The group has been evolving over the years into a multi-asset exchange that offers a wide variety of securities such as equities, fixed income, derivatives, commodity futures, and foreign exchange. The bourse operator had just announced a strong set of earnings for its fiscal 2023 (FY2023)...Blue-chip stocks are renowned for their resilience as such companies have a long track record of surviving through good times and bad.
The great news is that most of them also pay out a dividend that will put a smile on income investors’ faces.
Investors should keep their eyes peeled for interesting corporate developments.
Such announcements could boost the business and allow it to report higher profits and cash flows.
And when the business does well, the stock eventually does, too.
We highlight three blue-chip stocks with recent corporate announcements that could send their share prices heading higher.
