Shavkat Mirziyoyev_press-service

Кўксарой қароргоҳида Президент Шавкат Мирзиёев раислигида Хорижий инвесторлар кенгашининг иккинчи ялпи мажлиси бўлиб ўтди.
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В резиденции "Куксарой" под председательством Президента Шавката Мирзиёева состоялась вторая пленарная сессия Совета иностранных инвесторов.

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Create: 2024-05-03
Last Update: 2024-05-19 03:15:51

BY Shavkat Mirziyoyev_press-service

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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. “We have seen a huge downside movement in the stock due to the central electricity regulatory commission’s (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.