Shares & Derivatives
Would you Buy these stocks NOW?
By Singapore Stocks Investing (SSI)  •  December 2, 2016
Singapore stocks have been rather sluggish and the markets have not been giving investors leads to enter the stocks markets until the news of OPEC hashing out a deal to cut oil production. Oil prices rise after the deal and benefit oil-related stocks. The exuberance has rubbed on the Singapore stocks markets here with oil related stocks like Ezion, Ezra, Kris Energy, Name Cheong, Sembcorp Marine, Keppel making decent climbs yesterday (1 Dec 2016).The rally of oil-related stocks is encouraging to investors vested in these stocks. But I wonder whether the oil prices gain reflect the real “supply and demand” of the oil markets. Supply might be cut but what if demand for oil is not as great as before? This is a basic principle of economics. A non-robust demand of oil is reflective of a bearish global economy and looking at things now, the global economy seems not ......
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By Singapore Stocks Investing (SSI)
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