News flow related to growth-oriented business activities of Singapore firms touched the highest level in 2-years in April 2018, according to a study conducted by Heckyl, a leading Fintech engaged in news and financial data analytics. A surge in growth-oriented news flow signals improvement in the business confidence among companies listed in Singapore.
M&A, partnerships, product launch, contracts, and expansion were top 5 categories leading growth news flow for Singapore listed companies in April 2018. At the company level, Singapore Airlines Ltd, IHH Healthcare Bhd, and Comfortdelgro Corp Ltd led the growth news flow during April 2018.
Heckyl has a clear focus on reduction of the information arbitrage by “discovery and analysis” of the news flow in real time. Heckyl’s FiND News and Sentiment Analytics product analyses news + data from thousands of sources (including social media) in real time. Our proprietary tagging algorithm can tag a specific news category to any news based on the keywords in that news item.
[Image 1: Search by Tags screen for Singapore]
A surge in growth news flow lifted Singapore Airlines’ sentiment score during April 2018. At the same time, improvement in sentiment score was also reflected in the stock price.
[Image 2: News summary and price chart for Singapore Airlines]
Product launch category led the growth news flow for Singapore Airlines in April 2018.
[Image 3: News screen for Singapore Airlines]
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