Updates :
Japan: Nikkei Climbs 1.3% Tech shares rises.
Singapore: Ascendas raises $300m via private placement.
Freight rates sink to zero as trade dives.
Refer to Business Times for more information.
Meanwhile, STI should see a good comeback today. It shouldnt be too much of a movement as everyone is still skeptical about next week.
A few company that I personally like should I want to hold for long term.
SPH, Singtel,Wilmur( It maybe for trading purpose but it's balance sheet and nature of business is something I like). I personally like UOB for a banking counter. Next on the list for a property counter, I am with capland. As for S chips, I personally favour Straits Asia.
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