22Apr
financial

Sgx Singapore Stock Market Trading Picks And News – 22th April 2014

MARKET UPDATES

  • STANDARD Chartered Bank has renewed its sponsorship of Singapore’s most prestigious marathon event to the tune of S$10.5 million over the next three years. The bank said on Monday that it would continue to sponsor the Standard Chartered Marathon Singapore until 2016, in partnership with event owner Sport Singapore.
  • SINGAPORE’S Land Transport Authority (LTA) said on Monday that it has awarded civil as well as electrical and mechanical contracts for the Thomson and Eastern Region Lines worth almost S$1.15 billion.
  • DBS Bank said on Monday that it has appointed Neal Cross as Managing Director and Chief Innovation Officer, Technology and Operations to help spur its innovation agenda regionally.Mr Cross joins DBS from MasterCard, where he was responsible for driving innovation as VicePresident of MasterCard Labs in the company’s Asia/Pacific, Middle East and Africa regions.Based in Singapore, he was also charged with creating and managing innovation programs spanning ideation to commercialisation of new innovative payment solutions. DBS said Mr Cross will drive its innovation agenda across its key axes of growth, namely, Greater China, Southeast Asia and South Asia

STOCK RECOMMENDATION

  • BUY CITY DEVELOPMENT LTD ABOVE 10.550 TG 10.650,10.750, 10.870 SL 10.420

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