Trade Sheng Siong - OV8sg CFD

Trading Conditions

• Type: CFD
• Spread: 0.0154
• Long position overnight funding adjustment: -0.01425%
• Short position overnight funding adjustment: -0.00766%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: SGD
• Min traded quantity: 10
• Margin: 5.00%
• Stock exchange: Singapore
• Commission on trade: 0%
• Guaranteed stop premium: 1%

Key Stats

• Prev. Close: 2.6273
• Open: 2.6473
• 1-Year Change: 62.58%
• Day's Range: 2.6473 - 2.6773

What is Sheng Siong (OV8sg)?

Sheng Siong Group Ltd is a Singapore-based company primarily engaged in the retail of groceries and household products. Established in the early 1980s, the company has developed a network of supermarkets across Singapore, focusing on providing a wide range of fresh produce, meat, seafood, and daily essentials. Sheng Siong operates with an emphasis on competitive pricing and convenience, catering to a broad customer base including families and individuals. The company sources products both locally and internationally to maintain a diverse inventory. In addition to retail operations, Sheng Siong is involved in wholesale distribution, supplying goods to smaller retailers and food service providers. The company’s business model integrates direct sourcing and efficient supply chain management to optimize cost structures. Over time, Sheng Siong has expanded its footprint and enhanced its service offerings, adapting to changing consumer preferences and market conditions. It remains a significant player in Singapore’s supermarket industry, contributing to the local retail landscape.

Sheng Siong Stock Price Today: Live Overview

The price today is shaped by fluctuations in trading, with Sheng Siong priced at S$2.6927. The price has varied between S$2.6373 and S$2.6773, indicating a daily change of +1.9104%.

FAQ: Sheng Siong (OV8sg)

What is the current price of OV8sg stock?

The current price stands at S$2.6927.

Does OV8sg pay dividends?

Sheng Siong pays dividends via cash distributions (if applicable).

Does OV8sg have a formal corporate presence or regional headquarters in the UAE?

Sheng Siong operates in the UAE only through partners and distributors and does not have an official presence.

What is OV8sg best known for?

Sheng Siong is most famous for its supermarket retail chain.

What assets are typically shown together with OV8sg?

Commonly shown alongside OV8sg: United States Oil Fund, Marston's Plc, Noah