|Bid||15.60 x 0|
|Ask||15.61 x 0|
|Day's range||15.58 - 15.86|
|52-week range||13.20 - 22.09|
|Beta (3Y monthly)||0.21|
|PE ratio (TTM)||12.00|
|Earnings date||26 Feb 2019 - 4 Mar 2019|
|Forward dividend & yield||1.30 (7.66%)|
|1y target est||18.50|
Despite an overhang on the equities markets due to the ongoing trade tensions and worries about the economic slowdown, most companies generally continue to deliver decent results for the last quarter. Some of the key highlights in this earnings season include Keppel Corporation announcing a turnaround of its offshore and marine division. Meanwhile, local bank DBS Group Holdings also achieved record quarterly net profit of $1.7 billion rising 8.5 percent year-on-year, which helped to lift Straits Times Index temporarily above the 3,400 level closing at 3,407.02 on 29 April 2019.
Results from CMT, Singapore Exchange and Venture Corporation, and an interest-rate decision from the Bank of Japan are some of next week's highlights.
The share price of global electronics services provider Venture Corporation (Venture) was battered in 2018 as investors were cautious about the impact of the ongoing US-China trade war. After closing 2018 at $13.95, shares of Venture have risen to $17.45 to register a year-to-date return of 25.1 percent as at 25 March 2019 on the back of a possible trade war solution. On the other hand, the Straits Times Index only recorded a rise of 3.7 percent during the same period.
Following the United States extending its deadline to raise tariffs on Chinese products and increased optimism that the two biggest economies are well on track to reach an agreement, outlook in the markets has clearly turned for the better. Because of this, China’s Shanghai Composite Index jumped 5.6 percent within a single trading day on 25 February 2019. Along with the rise of the Chinese markets, the local bourse also saw its benchmark Straits Times Index registering a year-to-date return of 3.9 percent.
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