Share Prices declined a great deal for some blue-chip stocks

This blog post continues from the one posted on 16 August. I pick up top 9 stocks from the list and check the 52-week high and 52-week low share prices of these stocks. Today’s share prices are included in the table below.

Counter Share price ($) at 20 Aug 12.50pm 52-week high 52-week low Difference (%)
Keppel Corp 6.96 11.05 7.05 36.2%
SembCorp Ind 3.37 5.26 3.35 36.3%
UOB 19.65 25.05 19.65 21.6%
OCBC 9.30 10.92 9.45 13.5%
SembCorp Marine 2.35 3.98 2.46 38.2%
DBS 18.49 21.5 17.68 17.8%
SIA 9.97 12.91 9.57 25.9%
SPH 4.11 4.35 4.04 7.1%
Singtel 3.98 4.57 3.63 20.6%

The difference from 52-week high to 52-week low share prices (in percentage term) is computed for each stock. The worst performers were SembCorp Marine, SembCorp Industries and Keppel Corp. See below. These three counters were affected badly by plunging oil prices. (Note: SembCorp Industries owns 61% of SembCorp Marine.)

Counter Difference (%)
SembCorp Marine 38.2%
SembCorp Ind 36.3%
Keppel Corp 36.2%
SIA 25.9%
UOB 21.6%
Singtel 20.6%
DBS 17.8%
OCBC 13.5%
SPH 7.1%

The three local banks were not any better. The price differences range from 13.5% to 21.6%. SIA and Singtel joined the club of price decliners.

Share prices headed south again today. The current share prices were near the 52-week low or became fresh low. See first table above.

Disclaimer: Caution is advised with regard to using the above information for investing.

Copyright © 2015, limkimtong for Living Investment

The material presented is intended to be general and written in layman’s language as much as it is possible. The author shall not be liable for any direct or consequential loss arising from any use of material written. Please seek professional advice from your financial advisor or financial institutions on material written covering financial matters.

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