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.
