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Priya
Priya
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2022-03-08
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15% Yield! But Are These ASX High-Yield Shares Dividend Traps?
Key pointsAn ASX dividend share with a yield of 15% might sound off some alarm bells for investorsBu
15% Yield! But Are These ASX High-Yield Shares Dividend Traps?
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Why Moderna Stock Was Sick on Monday
An analyst from a prominent investment bank shaves $20 off his price target on the shares.
Why Moderna Stock Was Sick on Monday
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Singapore Stocks Extend Losses on Tuesday; STI down Another 1.2%
THE Straits Times Index fell 1.2 per cent for the second consecutive day, dropping 38.96 points to c
Singapore Stocks Extend Losses on Tuesday; STI down Another 1.2%
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14:01","market":"other","language":"en","title":"15% Yield! But Are These ASX High-Yield Shares Dividend Traps?","url":"https://stock-news.laohu8.com/highlight/detail?id=1121042298","media":"Motley Fool","summary":"Key pointsAn ASX dividend share with a yield of 15% might sound off some alarm bells for investorsBu","content":"<div>\n<p>Key pointsAn ASX dividend share with a yield of 15% might sound off some alarm bells for investorsBut that's what these two ASX shares seem to be offering todayAre they bargains of the century, or ...</p>\n\n<a href=\"https://www.fool.com.au/2022/03/08/15-yield-but-are-these-asx-high-yield-shares-dividend-traps/\">Web Link</a>\n\n</div>\n","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>15% Yield! But Are These ASX High-Yield Shares Dividend Traps?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n15% Yield! But Are These ASX High-Yield Shares Dividend Traps?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-08 14:01 GMT+8 <a href=https://www.fool.com.au/2022/03/08/15-yield-but-are-these-asx-high-yield-shares-dividend-traps/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Key pointsAn ASX dividend share with a yield of 15% might sound off some alarm bells for investorsBut that's what these two ASX shares seem to be offering todayAre they bargains of the century, or ...</p>\n\n<a href=\"https://www.fool.com.au/2022/03/08/15-yield-but-are-these-asx-high-yield-shares-dividend-traps/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FMG.AU":"FORTESCUE LTD","MFG.AU":"MAGELLAN FINANCIAL GROUP LTD"},"source_url":"https://www.fool.com.au/2022/03/08/15-yield-but-are-these-asx-high-yield-shares-dividend-traps/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121042298","content_text":"Key pointsAn ASX dividend share with a yield of 15% might sound off some alarm bells for investorsBut that's what these two ASX shares seem to be offering todayAre they bargains of the century, or dreaded dividend traps?Picking ASX shares that prove to be dividend winners is always a tricky game. As is any other kind of investing for that matter. But it’s the unique metrics that dividend investors have to navigate which makes this area of investing a little more unique. All investors know upfront what kind of dividends an ASX share has paid out over the past 12 months. And, by extension, the kind of dividend yield each ASX share may possess.But as investors should know, just because an ASX share has a high dividend yield, it doesn’t mean investors can take that to the bank. A common investing mistake is to choose an ASX dividend share due to a seemingly fat yield, only to have that yield pared back. Not to mention a simultaneous share price fall to boot. This scenario is often described as a ‘dividend trap’.So let’s look at some ASX shares today that seem to be offering outsized yields right now. Could any of them be a dreaded dividend trap?When is a high dividend yield just trap bait?Magellan Financial Group Ltd (ASX: MFG)is one such share. Magellan has had a horrible year, losing around 66% of its value. But this has pushed up Magellan’s trailing dividend yield to an eye-watering 15.57% on current pricing. The interesting thing about Magellan is that when the company reported its half-year earnings last month,it declared an interim dividend of 110.1 cents per share,which coincidentally was paid out today.That was Magellan’s highest-ever interim dividend. So why aren’t investors flocking to this company’s massive 15%-plus yield? Well, Magellan makes its money from its funds management business. And the company has been experiencing record fund outflows over the past few months for a number of reasons.So it seems that investors are betting that this outflow will start to bite the company’s ability to keep funding dividends at these kinds of levels. We’ll have to see if this turns out to be the case, but at least one broker isn’t too sure it will.Another ASX dividend share with a 15% yield right nowFortescue Metals Group Limited (ASX: FMG)is another ASX dividend share seemingly offering a monster dividend yield right now. On current pricing, the iron ore giant has a trailing dividend yield of close to 15.5%. That’s even after the company cut its interim dividend by 41% as announced inits earnings last month. The cut was the result of Fortescue directing more capital towards its emerging Fortescue Future Industries hydrogen business.Fortescue’s profits (and dividends) are intrinsically tied to the price of iron ore itself. Last month, Fortescue announced that its average revenue per dry metric tonne over the half was US$96. But iron ore has continued to boom in recent months, and is now going for a six-month high above US$160 a tonne.If the iron ore price continues to hold at these levels, and Fortescue can continue to extract it at relatively low costs (made harder recently by surging oil prices), we could well possibly see dividends continue to roll in at these high rates. But again, we shall have to wait and see.","news_type":1,"symbols_score_info":{"FMG.AU":0.9,"MFG.AU":0.9}},"isVote":1,"tweetType":1,"viewCount":1680,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9038337221,"gmtCreate":1646738657427,"gmtModify":1676534156722,"author":{"id":"3572737091790048","authorId":"3572737091790048","name":"Priya","avatar":"https://community-static.tradeup.com/news/985b5a05a7ab269956f359b5d70c86ba","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572737091790048","idStr":"3572737091790048"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9038337221","repostId":"1145029043","repostType":4,"repost":{"id":"1145029043","kind":"news","pubTimestamp":1646706051,"share":"https://ttm.financial/m/news/1145029043?lang=&edition=fundamental","pubTime":"2022-03-08 10:20","market":"us","language":"en","title":"Why Moderna Stock Was Sick on Monday","url":"https://stock-news.laohu8.com/highlight/detail?id=1145029043","media":"Motley Fool","summary":"An analyst from a prominent investment bank shaves $20 off his price target on the shares.","content":"<div>\n<p>What happenedAlready contending with notable drops in COVID cases and fatalities, Moderna -- a stock closely associated with the pandemic -- suffered a fresh decline on Monday. Bearishness on the ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/03/07/why-moderna-stock-was-sick-on-monday/\">Web Link</a>\n\n</div>\n","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Moderna Stock Was Sick on Monday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Moderna Stock Was Sick on Monday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-08 10:20 GMT+8 <a href=https://www.fool.com/investing/2022/03/07/why-moderna-stock-was-sick-on-monday/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happenedAlready contending with notable drops in COVID cases and fatalities, Moderna -- a stock closely associated with the pandemic -- suffered a fresh decline on Monday. Bearishness on the ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/03/07/why-moderna-stock-was-sick-on-monday/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MRNA":"Moderna, Inc."},"source_url":"https://www.fool.com/investing/2022/03/07/why-moderna-stock-was-sick-on-monday/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145029043","content_text":"What happenedAlready contending with notable drops in COVID cases and fatalities, Moderna -- a stock closely associated with the pandemic -- suffered a fresh decline on Monday. Bearishness on the company was exacerbated by an analyst's price-target cut that morning, and the shares fell by more than 7% on the day.So whatThe analyst in question was Deutsche Bank's Emmanuel Papadakis, who shaved $20 off his existing price target on Moderna stock for a new level of $155. He is maintaining his hold recommendation on the shares.Image source: Getty Images.Referring to the company's fourth-quarter results, published in late February, Papadakis described Moderna's performance as \"relatively solid.\" He also views the stock as having \"good fundamental valuation support\" at the current price.Now whatWhile Papadakis didn't seem overly impressed by Moderna's quarter, the company did post a pair of convincing beats. Its per-share net profit was $11.29, which was significantly better than the average analyst estimate of $9.90. Revenue of $7.2 billion also topped expectations. Collectively, those prognosticators were modeling a top-line tally of just under $6.8 billion.Moderna also announced a major shareholder-pleasing move by unveiling a new share-repurchase program. This initiative will see the biotech buy back up to $3 billion worth of its stock, three times the amount of the company's previous initiative, which had been fully utilized by the end of January.The company's most recent news has generally been positive, and its coronavirus vaccine remains a go-to jab in many jurisdictions (including the U.S.). All in all, the stock has generally been on a tear through the pandemic. But now that COVID is (hopefully) fading somewhat, investors might be concerned that it's a bit of a one-trick pony, although it does have numerous, promising pipeline treatments in development.","news_type":1,"symbols_score_info":{"MRNA":0.9}},"isVote":1,"tweetType":1,"viewCount":1583,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9038337136,"gmtCreate":1646738553393,"gmtModify":1676534156724,"author":{"id":"3572737091790048","authorId":"3572737091790048","name":"Priya","avatar":"https://community-static.tradeup.com/news/985b5a05a7ab269956f359b5d70c86ba","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572737091790048","idStr":"3572737091790048"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9038337136","repostId":"2217805410","repostType":4,"isVote":1,"tweetType":1,"viewCount":1667,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9038334466,"gmtCreate":1646738375363,"gmtModify":1676534156699,"author":{"id":"3572737091790048","authorId":"3572737091790048","name":"Priya","avatar":"https://community-static.tradeup.com/news/985b5a05a7ab269956f359b5d70c86ba","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572737091790048","idStr":"3572737091790048"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9038334466","repostId":"1185573374","repostType":4,"isVote":1,"tweetType":1,"viewCount":2510,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9038334860,"gmtCreate":1646738277852,"gmtModify":1676534156698,"author":{"id":"3572737091790048","authorId":"3572737091790048","name":"Priya","avatar":"https://community-static.tradeup.com/news/985b5a05a7ab269956f359b5d70c86ba","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572737091790048","idStr":"3572737091790048"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9038334860","repostId":"1185573374","repostType":4,"repost":{"id":"1185573374","kind":"news","pubTimestamp":1646734118,"share":"https://ttm.financial/m/news/1185573374?lang=&edition=fundamental","pubTime":"2022-03-08 18:08","market":"sg","language":"en","title":"Singapore Stocks Extend Losses on Tuesday; STI down Another 1.2%","url":"https://stock-news.laohu8.com/highlight/detail?id=1185573374","media":"businesstimes","summary":"THE Straits Times Index fell 1.2 per cent for the second consecutive day, dropping 38.96 points to c","content":"<div>\n<p>THE Straits Times Index fell 1.2 per cent for the second consecutive day, dropping 38.96 points to close at 3,148.86 points on Tuesday.A spike in oil prices amid Russia-Ukraine tensions also continued...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/singapore-stocks-extend-losses-on-tuesday-sti-down-another-12\">Web Link</a>\n\n</div>\n","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Stocks Extend Losses on Tuesday; STI down Another 1.2%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Stocks Extend Losses on Tuesday; STI down Another 1.2%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-08 18:08 GMT+8 <a href=https://www.businesstimes.com.sg/companies-markets/singapore-stocks-extend-losses-on-tuesday-sti-down-another-12><strong>businesstimes</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>THE Straits Times Index fell 1.2 per cent for the second consecutive day, dropping 38.96 points to close at 3,148.86 points on Tuesday.A spike in oil prices amid Russia-Ukraine tensions also continued...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/singapore-stocks-extend-losses-on-tuesday-sti-down-another-12\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.businesstimes.com.sg/companies-markets/singapore-stocks-extend-losses-on-tuesday-sti-down-another-12","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1185573374","content_text":"THE Straits Times Index fell 1.2 per cent for the second consecutive day, dropping 38.96 points to close at 3,148.86 points on Tuesday.A spike in oil prices amid Russia-Ukraine tensions also continued to batter other key Asia markets. Japan's Nikkei, South Korea's Kospi, Hong Kong's Hang Seng and the FTSE Bursa Malaysia KLCI fell between 1.1 per cent and 1.7 per cent.\"The third round of peace talks between Ukraine and Russia saw little progress, suggesting that the conflict will be prolonged with no clear resolution in sight,\" said IG market strategist Yeap Jun Rong.\"The lack of clarity on the economic implications of the conflict may continue to drive market participants to refrain from taking on more risks in the meantime, leading to some wait-and-see,\" he added.In the wider Singapore market, losers outnumbered gainers 390 to 164, with 1.93 billion shares worth S$1.95 billion changing hands.The top performer on the blue-chip index was Jardine Cycle & Carriage (Jardine C&C), which rose 3.6 per cent or S$0.78 to S$22.77.At the bottom of the table was Yangzijiang Shipbuilding, which shed 3.5 per cent or S$0.05 to close at S$1.40. The counter was also the most heavily traded among the STI constituents, with 38.9 million shares traded.The three local banks were also among the biggest losers. UOB fell 2.9 per cent or S$0.85 to S$28.27, DBS dropped 2.1 per cent or S$0.68 to S$31.23 and OCBC lost 1.4 per cent or S$0.16 to S$11.32.","news_type":1,"symbols_score_info":{"STI.SI":0.9}},"isVote":1,"tweetType":1,"viewCount":1712,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}