Singapore Exchange Limited (SGX: S68)
Singapore Exchange Limited, or SGX, is Singapore’s sole stock exchange operator. Shares of SGX hit their 52-week high of S$14.04 but have since declined to around S$12.79. The bourse operator released a strong set of earnings for the first half of fiscal 2025 (1H FY2025) ending 31 December 2024. Net revenue rose 15.6% year on year to S$646.4 million. Net profit excluding exceptional items climbed 27.3% year on year to S$320.1 million....A good way of filtering the market for potential stock ideas is to scan through the 52-week high list.
Such stocks are hitting new highs because of good news such as encouraging earnings reports or savvy acquisitions.
However, you also need to analyse the business to determine if it can continue to do well.
We highlight four Singapore stocks that recently broke through new 52-week highs and try to determine if they could be solid additions to your portfolio.
