Rising crude prices lift Singapore’s largest shipyard stocks

Categories: Industry/Sector Analysis, General Market Analysis, Fundamental Analysis, Equity Investments

Country or region: Asia Pacific (Overall)

Singapore’s three biggest shipyard stocks have averaged a total return of +6.2% in the early 2019, boosted by a 15% increase in the crude oil price, as OPEC and its allies began cutting production.

Reference URL: https://www2.sgx.com/research-education/market-updates/20190130-rising-crude-prices-lift-singapores-largest-shipyard

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