BY Channel - ι¦ζΈ―ζι HongkongFlag TeamπΊπ₯π§π»ββπΈππ§π»πΈππ§π»ββπΈππ§πΌββπΈππ§πΌπΈππ§πΌββπΈππ§π½ββπΈππ§π½πΈππ§π½ββπΈπ
The Singapore stock market has alternated between positive and negative finishes through the last five trading days since the end of the two-day winning streak in which it had added more than a dozen points or 0.4 percent. The Straits Times Index now sits just above the 3,060-point plateau and it's likely to see a narrow trading range on Monday.
However, analysts are positive on the stock now. βWe have seen a huge downside movement in the stock due to the central electricity regulatory commissionβs (CERC) order that seems to be negative from 2014-15 onwards but we cannot take a linear negative view on the stock and further downside movement on the stock is unlikely. Currently stock is underpriced. Investors can bet on it for a longer horizon," said Vivek Gupta, director research at CapitalVia Global Research.
Channel ι¦ζΈ―ζι HongkongFlag Teamπ₯π§βπΈππ§πΈππ§βπΈππ§βπΈππ§πΈππ§βπΈππ§βπΈππ§πΈππ§βπΈπ from us