Another Federal Reserve reassurance it would not hike interest rates until absolutely necessary buoyed Asian markets Thursday, while traders were also taking heart from more positive developments on the vaccine front. Expectations the global economy will rocket have helped equities surge in recent weeks, but optimism is giving way to concerns the rebound — and […]
ZASH Global Media and Entertainment Corporation (“ZASH“), the entertainment industry disrupter led by co-founders Ted Farnsworth, financier and former MoviePass Chairman, early Musical.ly investor Jaeson Ma, and early Triller visionary and board member, Vincent Butta, has entered into a definitive agreement to acquire a majority controlling interest in Lomotif Private Limited (“Lomotif“), the Singapore-based top video-sharing […]
Google co-founder Sergey Brin has opened a family office in Singapore to help manage his fortune in a tax effective way, making him the latest tycoon to establish a private investment company in the financial hub. The average man in the street can not afford to do that, he has to ive with the tax […]
Singapore’s economy suffered its worst ever annual contraction in 2020 as the coronavirus pandemic hammered the city-state’s vital trade and tourism sectors, official data showed Monday. But the 5.8 percent decline was not as bad as feared — official forecasts had predicted a fall of up to 6.5 percent — as economic activity picked up […]
Commodities Intelligence Centre (“CIC”) announces a momentous 2020 as it has jointly launched a “Digital Silk Road” initiative led by ZALL Smart Commerce Group (“ZALL”), Asia’s leading B2B e-commerce Group, and joined Singapore’s Blockchain for Trade & Connectivity (BTC) Network. As Singapore’s first global physical commodities B2B e-trade platform powered by blockchain, together with ZALL’s […]
#AsiaPacific #stocks #earnings #growth $DIA $SPY $QQQ $RUTX $VXX “Asia-Pacific’s equity rally augurs a bright earnings outlook for Y 2021, strategists are upbeat across the board”— Paul Ebeling Citigroup Inc., Goldman Sachs Group Inc. and Nomura Holdings Inc. have penciled in earnings growth of more than 20% for Asian shares in Y 2021. Citi and […]
#Travel #Singapore Singapore At the Southernmost tip of the Malaysian Peninsula lies the world’s 2nd most open economy and pro-business regime whose thriving manufacturing and logistics industries, coupled with booming new industries such as fintech and cybersecurity, have proved alluring to expat workers that have flocked to the country in droves. Singapore has become known […]
#singapore #coronavirus #covid19 $SGDUSD Singapore’s virus-hammered economy shrank almost 43 percent in the second quarter, in a sign that the country’s first recession in more than a decade was deeper than initially estimated, official data showed Tuesday. The outlook for the Singapore dollar is now very negative. Tough curbs within the city state to contain […]
$WB $GS #WEIBO #BONDS Weibo Corporation (“Weibo” or the “Company”) (Nasdaq: WB), a leading social media in China, today announced the pricing of its public offering of US$750 million aggregate principal amount of its 3.375% notes due 2030. The notes have been registered under the U.S. Securities Act of 1933, as amended, and are expected […]
Australian shares closed 2.5% lower Thursday, snapping a 4-day winning streak, as rising concerns about a resurgence of C-19 coronavirus cases. The S&P/ASX 200 index ended 2.5% lower at 5,817.7 in its worst session since 12 June. New Zealand’s benchmark S&P/NZX 50 index declined 1.2% or 135.05 pts to 11,124.36. Japanese stocks ended at a […]
China Life Insurance Company Limited (2628.HK) Is A Solid Bet The gradual evaporation of fears over COVID-19 will eventually help China Life Insurance regain what it lost before this pandemic came around. China Life InsuranceTicker: 2628:HKPrice: HKD 15.90 China Life Insurance Company Limited is a life insurance company. The Company provides a range of insurance […]
World stocks have risen 35% from a late March bottom. Australian shares closed higher Tuesday after the country’s central bank reiterated that the impact from the C-19 coronavirus chaos could be less damaging than initially feared, stoking hopes of a speedy economic recovery. The S&P/ASX 200 closed 0.3% firmer at 5,835.10, though lingering worries over […]
Australian shares eased 1.6% Friday, though gained for the 5th straight week as hopes of a faster-than-expected economic recovery Down Under from C-19 coronavirus chaos-induced disruptions outweighed worries of a deepened US-China rift. The S&P/ASX 200 closed at 5,755.7 and saw its worst day in 2 wks, as markets nervously awaited a response from the […]
Hong Kong shares ended lower Thursday. The Hang Seng index closed down 0.7% to 23,132.76, after falling more than 2% mid-session to its lowest mark since 25 May. The Hang Seng China Enterprises index fell 0.2%. The sub-index of the Hang Seng tracking energy shares was flat, the IT sector lost almost 2%, the financial […]
Australian shares settled lower Wednesday as rising tensions in Hong Kong over China’s proposed security law took the shine off surging bank stocks and tempered expectations of a global economic recovery. The S&P/ASX 200 opened lower but recouped losses to rise 1% in intra-day trade. However, selling in the final 15 mins of trade wiped […]
Australia and New Zealand stock indexes on Tuesday surged to their highest in more than two months, fuelled by mounting hopes of a global economic recovery as more countries emerge from the coronavirus-induced lockdown. The S&P/ASX 200 index advanced more than 2% for the 2nd straight session and ended 2.9% firmer at 5,780 pts. The […]
China and Hong Kong stocks were little changed Thursday ahead of the country’s annual parliament session, starting this week, that could yield more economic stimulus. At the midday break, the Shanghai Composite index was up 0.05% at 2,885.20. China’s blue-chip CSI300 index was up 0.06%, with its financial sector sub-index losing 0.07%, the Real Estate […]
China shares fell Wednesday as cautious investors held back ahead of the country’s annual political meetings where policymakers will discuss measures to boost the economy. At the midday break, the Shanghai Composite index was down 0.45% to 2,885.54. China’s blue-chip CSI300 index was down 0.49%, with its financial sector sub-index lower by 0.37%, the consumer […]
MSCI’s broadest index of Asia-Pacific shares sans Japan last traded up 1.6% in late Asian trade. Australian shares closed at a more than two-month high on Tuesday, led by gains in mining, energy and financial stocks, as a gradual re-opening of some economies boosted sentiment and raised hopes of a demand recovery for commodities. The […]
China shares ended higher Monday as investors took hope from data showing home prices rose in April, but renewed trade tensions between Beijing and Washington At the close, the Shanghai Composite index was up 0.24% at 2,875.42. The blue-chip CSI300 index was up 0.26%, with its financial sector sub-index higher by 0.06%, the consumer staples […]
The Japanese benchmark Nikkei average dipped 0.3% to 19,854.03 by the midday break, with Real Estate and other defensive sectors leading the losses. On the week, the Nikkei was down 1.6%, poised for its 1st weekly decliner in 3. The broader Topix fell 0.3% to 1,441.96 by the recess, with 66% of the 33 sector […]
Chinese shares closed lower Thursday as investors worried about a prolonged recovery in the economy, while awaiting more active stimulus policies to cushion the blow from the C-19 coronavirus chaos. The Shanghai Composite index ended 0.96% lower to 2,870.34. The blue-chip CSI300 index shed 1.08%, with its financial sector sub-index sliding 1.33%, the consumer staples […]
Japan’s Nikkei share average slipped from a two-month high on Tuesday as concerns about further waves of coronavirus infections undermined recent optimism on economic re-openings. The Nikkei share average ended down 0.12% to 20,366.48 points, a day after it hit a 2-month high. It has risen 18.7% from a bottom hit on 19 March. The […]
China stocks shed early gains to end a tick lower Monday, amid renewed concerns over the coronavirus outbreak as Wuhan reported its 1st cluster of infections since the lockdown was lifted a month ago. At the close, the Shanghai Composite index was down 0.02% at 2,894.80. The blue-chip CSI300 index was down 0.09%, with its […]
China stocks closed higher Friday as investors cheered Beijing opening up its financial markets further to foreign investors. China finalised rules Thursday that scrap quotas under 2 major inbound investment programs, giving qualified foreign institutions unlimited access to Chinese stocks and bonds. At the close, the Shanghai Composite index was up 0.83% at 2,895.34 and […]
Asian shares pared early losses Thursday after Chinese exports proved far stronger than even Bulls imagined. Around the region, MSCI’s Asia sans Japan stock index was weaker by 0.1%, while Japan’s Nikkei index closed up 0.28%. China stocks ended lower Thursday, as investors are still cautious on a bleak trade outlook globally that could slow […]
Australian shares ended lower in lite trade Wednesday as investors took profits after 2 sessions of sharp gainers, with banking stocks dominating the losses. The S&P/ASX 200 index closed 0.42% lower to 5,384.6 pts, having gained more than 3% in the past 2 sessions as the country eased coronavirus restrictions. New Zealand’s benchmark S&P/NZX 50 […]
Hong Kong shares Tuesday recouped some of the prior session’s sharp losses, tracking gains in broader Asia, as countries laid out plans to ease coronavirus-induced restrictions. The Hang Seng index rose 0.5% to 23,742.13 pts, having lost more than 4% Monday as US-China tensions simmer. The Hang Seng China Enterprises index gained 0.4% Tuesday. The […]
Australian shares fell 5% Friday, their most in 5 wks, as risk sentiment was battered by threats of new tariffs from US President Trump Vs China. President Trump made clear his concerns about China’s role in the origin and spread of the coronavirus were taking priority over efforts to build on an initial trade agreement. […]
China stocks rallied Thursday to post their biggest monthly advance since December, after positive trial results for a drug to treat COVID-19 and downbeat data reinforced hopes of further stimulus to bolster the world’s 2nd-largest economy. The blue-chip CSI300 index ended up 1.2% at 3,912.58, while the Shanghai Composite Index closed 1.3% higher at 2,860.08. […]
Australian shares finished lower Tuesday after the Treasury said it was not working on any new stimulus packages at the moment, while the country readied to relax some restrictions amid a decline in coronavirus cases. The S&P/ASX 200 index ended 0.2% lower to 5313.1 at the close. The benchmark rose 1.5% Monday. New Zealand’s benchmark […]
MSCI’s broadest index of Asia-Pacific shares sans Japan rose 0.1% in early trade, while Japan’s Nikkei gained 1.1% ahead of an earnings heavy week. Philippine shares fell Monday following a warning that the coronavirus pandemic will likely send the economy into its first annual contraction in more than two decades this year, while financials helped […]
Australian shares ended higher on Friday, but reported its first weekly loss this month, with investors now eyeing corporate results that are set to reflect the economic damage from the coronavirus pandemic. The benchmark S&P/ASX 200 index closed 0.5% higher at 5,242.6. On the week, it shed 4.5%. New Zealand’s benchmark S&P/NZX 50 index fell […]
Chinese stocks ended off Thursday, as mounting economic uncertainty sparked by the coronavirus pandemic kept share prices capped, stopping investors from chasing the rebound from the prior session. The Shanghai Composite index closed 0.2% lower to 2,838.50. The blue-chip CSI300 index ended down 0.3%, with its financial sector sub-index down 0.3%, the consumer staples sector […]
Singapore: STI Index (.STI) remains weak as it tests 2018 low At times of sharp declines, important lows provide support. The STI has moved below the Oct 2018 low of 2,972 and is testing the intra-day Oct 2018 low of 2,961. Short-term stochastics is at the low end of its range but it maybe another […]
Japanese shares fell Tuesday with energy-related companies taking the brunt of a collapse in Crude Oil prices, while the virus pandemic curbed any risk appetite ahead of corporate earnings. The Nikkei share average fell 1.97% to 19,280.78, slipping further from Friday’s near 6-wk high at 19,922. The broader Topix lost 1.15% to 1,415.89. China and […]
SKorean shares rose Monday as relaxation of some social distancing rules fuelled optimism about the reopening of the broader economy, with China’s interest rate cut adding to the sentiment. The Korean Won weakened, while the benchmark bond yield was up. The Seoul stock market’s main KOSPI rose 4.44 pts, or 0.23%, at 1,918.07 as of […]
Japanese shares Thursday tracked overnight losses on the Wall Street, as economic damage from COVID-19 weighed on investor sentiment, with banks and automakers leading the declines. The benchmark Nikkei average ended 1.3% lower at 19,290.20. The Nikkei’s volatility index, a measure of investors’ volatility expectations based on option pricing and considered to be a fear […]
Australia’s main stock index fell Wednesday as prospects of a deep global recession and its impact on the demand for crude oil hammered energy stocks and offset better-than-expected trade data from China, the country’s biggest trading partner. The benchmark S&P/ASX 200 index fell 0.3% by 0039 GMT, with a 3.4% drop in energy stocks weighing […]
China and Hong Kong stocks gained Tuesday, after the world’s 2nd-largest economy posted better-than-expected trade data despite the coronavirus outbreak. China’s exports fell 6.6% in March from a year earlier, while imports shrank 0.9%, a better-than-expected outcome as factories restarted production, though the global coronavirus health crisis looks set to keep trade under pressure over […]
Japanese shares fell Monday as investors worried about the impact of the coronavirus outbreak on corporate earnings, though stocks of Key Crude Oil exploration firms rose after major producers finally agreed their biggest-ever output cut. The benchmark Nikkei average dropped 2.3% to 19,043.40 on subdued activity. China stocks dipped Monday, as the country’s new daily […]
Japanese shares dropped Friday on profit-taking ahead of the weekend, with trading volume remaining low due to the Easter holidays abroad. The benchmark Nikkei average slipped 0.1% to 19,326.78 by the midday break, despite overnight gains on Wall Street, as investors locked in some recent gains. SKorean shares rose Friday as market sentiment was lifted […]
Most Southeast Asian stock markets rose Thursday, tracking an upbeat session on Wall Street, as hopes for the coronavirus outbreak nearing its peak rose, while expectations of a cut in oil output pushed the energy-heavy Thai index higher Australian shares rose more than 2% on Thursday, tracking gains on Wall Street as hopes that the […]
Most Southeast Asian stock markets tracked Wall Street and Asian equities higher Tuesday, with Thailand rising the most, although gains were capped following a spike in infections due to the coronavirus in the region. Australian shares rose Tuesday as reports of slowing fatalities from the coronavirus outbreak raised optimism that the fight against the disease […]
The S&P/ASX 200 index was up 4.3% at 5,286.80 at the close of trade, after the benchmark closed 1.7% down Friday. Southeast Asian stock markets are higher Monday, tracking global equities that gained due to a slowdown in coronavirus-related deaths and new infections. Major European nations reported lower virus death rates, with Italy seeing the […]
Due to the developing situation in China and Asia concerning the Coronavirus, this article has been prepared as a running live update service to keep businesses involved in ASEAN updated with the latest relevant regional news. Travel Advisory: we are hearing accounts of travelers in some ASEAN countries being denied entry if they possess any China visa […]
Hong Kong stocks slipped Friday to end the week lower, as risk-averse sentiment strengthened on continued spread of the coronavirus with infections surpassing 1-M globally. At the close of trade, the Hang Seng index was down 43.95 points, or 0.19%, at 23,236.11. The Hang Seng China Enterprises index fell 0.37% to 9,491.1.The sub-index of the […]
Asian share markets were down Thursday, clouded by the rising US coronavirus death toll, and with investors braced for more signs of economic pain in the world’s largest economy, ahead of another likely record week of jobless claims. With hopes growing that the worst of the outbreak may have passed for China and SKorea, the […]
Asian equities recorded their biggest foreign outflow in at least 12 years in March, hit by the coronavirus pandemic and its impact on businesses across the region, with most factories shuttered to contain its spread. The S&P/ASX 200 index finished 3.6% higher at 5,258.60, recovering from the benchmark’s 2.02% fall Tuesday. The benchmark closed at […]
Most South East Asian stocks rose on optimism around a massive US stimulus package, although Singapore shares fell after the city-state cut its annual growth forecast to better reflect the economic damage from the coronavirus pandemic. Japanese shares took a tumble Thursday following 3 days of massive gains after a rise in domestic coronavirus cases […]
Philippines plunged 24% Thursday on reopening after a 2-day hiatus, while other Southeast Asian stock markets also sustained heavy losses on fears over the economic damage from the coronavirus pandemic. Indonesian equities fell 5%, triggering a circuit breaker for the 4th time in 6 sessions. Financial and consumer stocks were the biggest losers, with Bank […]
Singapore: STI Index (.STI) Market Expected To Extend Its Gains The Singapore stock market has tracked higher in consecutive trading days, gathering more than 15 points or 0.5 percent along the way. The Straits Times Index now rests just above the 3,025-point plateau and it’s tipped to open in the green again on Thursday. The […]
Singapore: STI Index (.STI) – Singapore manufacturing shrinks in February at fastest pace since 2014 on coronavirus outbreak Manufacturing shrank in February at the fastest pace in more than five years, reflecting the disruption caused by the coronavirus outbreak. The decline was led by the electronics sector, which had expanded in January for the first […]
Singapore: STI Index (.STI) – Singapore factory activity hit by sharpest fall in more than 5 years amid COVID-19 outbreak Singapore’s factory activity contracted sharply in February, amid an ongoing COVID-19 outbreak that has disrupted global supply chains and affected production in the region. The Singapore Purchasing Managers’ Index (PMI) fell 1.6 points from the […]
Singapore: STI Index (.STI) sinks 3.2% amid global worries over Covid-19 spread Singapore stocks plunged to a 15-month low, which suggests that the global markets are increasingly convinced of the possibility that the Covid-19 outbreak will result in a pandemic. After reaching a 15-month low at 3,008.460, the benchmark Straits Times Index (STI) fell by […]
Singapore: STI Index (.STI) market plunges amid global bloodshed on virus fears Fears that the coronavirus outbreak could turn into a worldwide pandemic sparked panicked selling across the region yesterday. The local market was among several Asian bourses that fell by more than 3 per cent to extend a collapse in New York and Europe […]
Singapore: STI Index (.STI) stocks close 0.19 pct lower Singapore stocks closed lower on Thursday, with the benchmark Straits Times Index (STI) going down 0.19 percent, or 5.82 points, to close at 3,111.7. A total of 1.82 billion shares changed hands with a turnover of 1.66 billion Singapore dollars (about 1.19 billion U.S. dollars). Losers […]
Singapore: STI Index (.STI) stocks in relief rebound, most of Asia still shaky day after coronavirus-fuelled global rout Singapore stocks enjoyed a relief rebound on Tuesday morning (Feb 25) even as most of Asia continued their slide as signs that the coronavirus outbreak here seems to be largely contained overcame bearish sentiment after a 1,000-point […]
Singapore: STI Index (.STI) – Core inflation hits lowest in more than 4 years at 0.3% Singapore’s core inflation gauge in January hit its lowest level in four years, data on Monday (Feb 24) showed, due to lower services and retail prices that authorities said would persist as the coronavirus outbreak takes a hit on […]
Singapore: STI Index (.STI) stocks close 0.47 pct lower Singaporean stocks closed lower on Thursday, with the benchmark Straits Times Index (STI) going down 0.47 percent, or 15.03 points, to close at 3,198.68. A total of 1.64 billion shares changed hands with a turnover of 1.16 billion Singapore dollars (about 834.5 million U.S. dollars). Gainers […]
Singapore: STI Index (.STI) – Government announced a Budget which featured $5.6 billion to help firms Singapore stocks rose on Wednesday (Feb 19) morning, reversing their losses from the previous day when the Government announced a Budget which featured $5.6 billion to help firms, workers and households cope with the coronavirus (Covid-19) outbreak. The latest Budget […]
Singapore: STI Index (.STI) stocks close 0.22 pct lower Singapore stocks closed lower on Monday, with the benchmark Straits Times Index (STI) going down 0.22 percent, or 7.03 points, to close at 3,213.00. A total of 1.61 billion shares changed hands with a turnover of 945.6 million Singapore dollars (about 680.6 million U.S. dollars). Losers […]
Singapore: STI Index (.STI) expected to find support The Singapore stock market has tracked lower in two straight sessions, sliding almost 70 points or 2.3 percent in that span. The Straits Times Index now rests just beneath the 3,165-point plateau although it’s expected to find support on Tuesday. The global forecast for the Asian markets […]
Singapore: STI Index (.STI) Banks close lower but stocks related to healthcare outperform market Asian equity markets continued their slide to start the week, with investors keeping a close eye on the fast-spreading coronavirus. New cases of infection within China have slowed in the past week, but Mr Stephen Innes, AxiCorp’s chief market strategist, noted […]
Singapore: STI Index (.STI) slides 1.2% as bank and property stocks fall The sharp sell-off in China sparked by concerns about the coronavirus outbreak triggered similar reactions across the region, with most stock markets tumbling yesterday. Chinese shares fell more than 7 per cent after the extended Chinese New Year break, despite the People’s Bank […]
Singapore: STI Index (.STI) Singapore’s Leader Says Economic Rebound Depends on Global Calm Singapore Prime Minister Lee Hsien Loong said the city state’s economy could improve in 2020 only if any number of global risks don’t materialize, particularly emanating from the U.S. Singapore is poised to rebound from 2019, when a potent mix of trade-war […]
Singapore: STI Index (.STI) Inflation Rises In December Singapore’s consumer price inflation rose more-than-expected in December, data from the Monetary Authority of Singapore and the Ministry of Trade and Industry showed on Thursday. The consumer price index rose 0.8 percent year-on-year in December, following a 0.6 percent increase in November. Economists had expected a 0.7 […]
Singapore: STI Index (.STI) Stock Market May Take Further Damage The Singapore stock market has moved lower in two straight sessions, giving away more than 35 points or 1.1 percent along the way. The Straits Times Index now rests just above the 3,245-point plateau and it’s expected to open under pressure again on Wednesday. The […]
Singapore: STI Index (.STI) May Add To Its Winnings The Singapore stock market has finished higher in two straight sessions, collecting almost 25 points or 0.7 percent along the way. The Straits Times Index now rests just above the 3,280-point plateau and it’s predicted to open higher again on Monday. The global forecast for the […]
Singapore: STI Index (.STI) Asia Mixed After Trade Pact Signed The Singapore stock market has finished lower in two of three trading days since the end of the two-day winning streak in which it had advanced more than 10 points or 0.3 percent. The Straits Times Index now rests just above the 3,255-point plateau although […]
Singapore: STI Index (.STI) Asia Mostly Lower Ahead of U.S.-China Deal Market sentiment dragged in Asia on Wednesday ahead of the U.S. and China signing a phase one trade deal. In Japan, the Nikkei 225 index faded 108.59 points, or 0.5%, to 23,916.58. The Japanese yen changed hands at 109.92 per U.S. dollar, strengthening from […]
Additional Selling Pressure Tipped For Singapore: STI Index (.STI) Singapore stocks closed lower on Monday, with the benchmark Straits Times Index (STI) going down 0.62 percent, or 19.96 points, to close at 3,218.86. A total of 1.32 billion shares changed hands with a turnover of 1.02 billion Singapore dollars (about 755.44 million U.S. dollars). Losers […]
Singapore: STI Index (.STI) shares off to strong start for the year Investors were filled with new year optimism yesterday, giving 2020 a surprisingly buoyant start. Singapore’s Straits Times Index (STI) shot up by as much as 1 per cent at one stage before ending the session at 3,252, up 29.17 points or 0.9 per […]
$MSCI, $DAX, $FTSE, $SPY Asian shares kicked off Y 2020 on a strong note Thursday, driven by Chinese markets after Beijing eased monetary policy to support its slowing economy. Investors cheered news that the United States and China will sign a trade pact on 15 January after months of negotiations between the world’s 2 largest […]
Singapore: STI Index (.STI) ends 2019 in the black after roller-coaster year Analysts eyeing catch-up rally in the new year should trade and manufacturing recover Stocks slipped globally in quiet New Year’s Eve trading Tuesday with many markets closed. Wall Street could close 2019 with back-to-back daily losses in a year that the U.S. posted […]
Singapore: STI Index (.STI): Investors focusing on Singapore flash Q4, full-year GDP data As 2019 comes to a close, market activity is likely to remain tepid with traders still making their return from their holiday break. That said, liquidity in the region’s markets will likely pick up towards the end of the week, with the […]
All three local banks lead charge, keeping Singapore: STI Index (.STI) in positive territory Singapore equities outperformed most other regional markets, some of which are showing signs of fatigue after a strong run that began in the lead-up to last Friday’s confirmation of a US-China “Phase One” trade deal. “Equity markets are enjoying a massive […]
Singapore: STI Index (.STI) continues to strengthen but no sign of breakout The Straits Times Index has staged a rebound during the week, and is now facing resistance at its flattening 200-day moving average at 3,224. Short-term stochastics is turning up from the low end of its range and looks set to move higher. The […]
Singapore: STI Index (.STI) global forecast is upbeat The Singapore stock market on Wednesday ended the two-day slide in which it had stumbled more than 30 points or 1 percent. The Straits Times Index now rests just above the 3,170-point plateau and it’s called higher again on Thursday. The global forecast for the Asian markets […]
Singapore: STI Index (.STI) economy is expected to grow 0.7 percent this year The Singapore economy is expected to grow 0.7 percent this year, up from 0.6 percent in the previous survey in September, according to the latest quarterly poll of professional forecasters by the Monetary Authority of Singapore (MAS) released December 11. The Singapore economy expanded […]
Singapore: STI Index (.STI) expected to fall at open Singapore stocks closed lower on Monday, with the benchmark Straits Times Index (STI) going down 0.47 percent, or 14.89 points, to close at 3,179.82. A total of 965.37 million shares changed hands with a turnover of 906.24 million Singapore dollars (about 666.35 million U.S. dollars). Losers […]
Singapore: STI Index (.STI) stocks close 0.46 pct higher Singapore stocks closed higher on Thursday, with the benchmark Straits Times Index (STI) going up 0.46 percent, or 14.40 points, to close at 3,174.19. A total of 915.62 million shares changed hands with a turnover of 965.91 million Singapore dollars (about 709.49 million U.S. dollars). Gainers […]
Gold 1 OZ (XAU=X) prices seen supported by trade tensions, Brexit GOLD PRICES are expected to remain at about $1,450 per ounce (oz) in the next three to six months into 2020, supported by the precious metal’s safe-haven value in the face of the US-China trade war, Brexit, and unrest in various parts of the […]
Singapore: STI Index (.STI) Stock Market May Extend Losing Streak The Singapore stock market has finished lower in two straight sessions, surrendering more than 20 points or 06 percent along the way. The Straits Times Index now rests just beneath the 3,195-point plateau and it may take further damage again on Monday. The global forecast […]
Singapore: STI Index (.STI) May Add To Its Winnings The Singapore stock market on Wednesday ended the two-day losing streak in which it had lost more than 15 points or 0.5 percent. The Straits Times Index now rests just above the 3,215-point plateau and it’s predicted to see additional support on Thursday. The global forecast […]
Singapore: STI Index (.STI) falls as markets attempt to find direction It was a mixed day for local shares as investors continued to get a handle on the shifting nature of the United States-China trade talks. That said, real estate investment trusts (Reits) traded decidedly higher yesterday after US Federal Reserve chairman Jerome Powell said […]
Singapore: STI Index (.STI) Tipped To Bounce Higher Again The Singapore stock market turned lower again on Monday, one session after it had snapped the three-day losing streak in which it had dropped almost 70 points or 2.1 percent. The Straits Times Index now rests just above the 3,220-point plateau although it’s expected to rebound […]
Singapore: STI Index (.STI) Stock Market May Extend Its Losses The Singapore stock market has moved lower in consecutive trading days, surrendering almost 30 points or 0.9 percent along the way. The Straits Times Index now rests just beneath the 3,230-point plateau and it’s tipped to open in the red again on Thursday. The global […]
Singapore: STI Index (.STI) Economic Growth May Be Bottoming Out Singapore stocks closed lower on Wednesday, with the benchmark Straits Times Index (STI) going down 0.28 percent, or 9.09 points, to close at 3,229.78. A total of 1.2 billion shares changed hands with a turnover of 1.1 billion Singapore dollars (about 807.93 million U.S. dollars). […]
Singapore: STI Index (.STI) corporate earnings and economic growth may be bottoming out Singapore’s corporate earnings and economic growth may be bottoming out as cyclical indicators such as electronics exports show a slower pace of declines, according to Citigroup Inc. analyst Patrick Yau. Citi’s earnings revision count indicator for Singapore stocks has declined to -50%, […]
Singapore: STI Index (.STI) stocks close 0.61 pct higher Singapore stocks closed higher on Monday, with the benchmark Straits Times Index (STI) going up 0.61 percent, or 19.8 points, to close at 3,258.66. A total of 1.6 billion shares changed hands with a turnover of 1.09 billion Singapore dollars (about 801.28 million U.S. dollars). Gainers […]
Singapore: STI Index (.STI) continues to drift sideways The Straits Times Index peaked temporarily at 3,285, before retreating. At its current level of 3,238, the index has stayed above the 200-day moving average at 3,227 and the 100-day moving average at 3,208. Quarterly momentum is intact and in rising mode. The 50-day moving average continues […]
Singapore: STI Index (.STI) investors look for concrete details in a possible trade agreement between the United States and China The Singapore stock market has finished higher in three straight sessions, rising almost 35 points or 1 percent along the way. The Straits Times Index now rests just above the 3,260-point plateau although it may […]
Singapore: STI Index (.STI) Continuation of Uptrend Most stock markets in the region traded flat or lower on Wednesday as investors waited for more developments on US-China trade, but Singapore bucked the trend, boosted by bright spots in corporate earnings. Local shares rose for a third straight session, with the Straits Times Index closing at […]
The worst may be over for the world economy’s slowdown. A wave of interest-rate cuts by central banks including the Fed and mounting expectations of a US-China trade deal are buoying confidence in financial markets just as Key economic indicators show signs of stabilization after recent declines. While a robust rebound may not be here […]
Singapore: STI Index (.STI) share benchmarks across most countries bucked the “October effect” Share benchmarks across most countries bucked the “October effect”, with the Straits Times Index (STI) posting a 4 per cent monthly gain, the Singapore Exchange (SGX) noted yesterday. Trading was affected by a week-long national holiday in China and the announcement of […]
Singapore: STI Index (.STI) market tipped to open firmly higher The Singapore stock market gave up less than a single point on Friday, but that was enough to end the five-day winning streak in which it had advanced more than 80 points or 2.7 percent. The Straits Times Index remains just beneath the 3,230-point plateau […]
Singapore: STI Index (.STI) higher after the US Federal Reserve cut interest rates as expected to keep economic expansion on track Asian shares rose on Thursday (Oct 31) and US stock futures edged higher after the US Federal Reserve cut interest rates as expected to keep economic expansion on track. MSCI’s broadest index of Asia-Pacific […]
Singapore: STI Index (.STI) investors growing increasingly optimistic over concrete progress on the US-China trade front Taking cues from Monday’s record close on Wall Street, Asian markets were mostly higher on Tuesday, with investors growing increasingly optimistic over concrete progress on the US-China trade front as well as diminishing fears of a no-deal Brexit. Returning […]
Singapore: STI Index (.STI) Looks Set to Rise at Open Singapore shares climbed higher on Thursday morning, tracking a largely positive session on Wall Street overnight. US stocks rose modestly on Wednesday following a mixed round of earnings, that lifted US industrial bellwethers Boeing and Caterpillar despite earnings misses, but pummelled semiconductor shares. The Dow and the […]