The Week Ahead in Singapore Market

January 9, 2024

As we step into a new week, investors in the Singapore market are set to encounter several key events that could shape their investment decisions. Here’s an overview of the most significant occurrences.

Singapore’s Economic Pulse

The week kicks off with the release of Singapore’s foreign reserves data on Monday, 8 January. This indicator is critical in assessing the nation’s financial health and can influence the Singapore Dollar and local stock market trends.

Corporate Movements to Watch

Investors should pay close attention to corporate actions within the local market. Notably, Pacific Radiance will go through ex-rights and ex-bonus issuances on Monday, which could impact its stock’s liquidity and price dynamics. Following this, Tuesday brings Beverly JCG’s ex-entitlement and Vicplas International’s ex-dividend, events that often result in notable movements in the respective stocks.

Dividend Focus

Additionally, the ex-dividend dates for Phillip SGX APAC Div REIT ETF and Phillip Sing Income ETF on Wednesday, 10 January, are crucial for income-focused investors. These events could influence the ETFs’ pricing and yield considerations.

Broader Economic Context

While focused on the Singapore market, investors should also be aware of the wider economic context. Events like the release of foreign reserves data from other countries, such as Australia and Malaysia, and economic reports from major economies like the UK and China, can have indirect effects on the Singapore market.

Conclusion for Singapore Investors

This week presents a mix of local corporate actions and broader economic data that can sway investment decisions. Staying informed about these events will enable Singapore investors to better navigate the market, seizing opportunities as they arise. Follow our Telegram channel to keep updated on the latest regarding the Singapore market.

Disclaimer: ProsperUs Head of Content & Investment Lead Billy Toh doesn’t own shares of any companies mentioned.

Billy Toh

Billy is deeply committed to making investment accessible and understandable to everyone, a principle that drives his engagement with the capital markets and his long-term investment strategies. He is currently the Head of Content & Investment Lead for Prosperus and a SGX Academy Trainer. His extensive experience spans roles as an economist at RHB Investment Bank, focusing on the Thailand and Philippines markets, and as a financial journalist at The Edge Malaysia. Additionally, his background includes valuable time spent in an asset management firm. Outside of finance, Billy enjoys meaningful conversations over coffee, keeps fit as a fitness enthusiast, and has a keen interest in technology.

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