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 […]
Singapore: STI Index (.STI) Inflation Holds Steady at 0.5% in September Singapore’s consumer price index rose as expected in September with higher food prices offset by lower housing and utility costs. The CPI rose 0.5% on year in September, the same pace as in August. It matched the median estimate from a Wall Street Journal […]
Singapore: STI Index (.STI) positive start to the week Positive remarks from both the US and China on trade matters, which suggest productive negotiations between the two parties over a trade deal lifted spirits, making for a positive showing for Asian equities on Tuesday. In Singapore, the Straits Times Index (STI) build on a positive start […]
$XAU, $GLD, $USD, $USO, $OIL FLASH: Gold Steady, USD Up, Crude Oil Flat, Stocks Up Headlines Crude Oil prices were little changed Tuesday Gold prices steady as US-China trade optimism sparks market cheer Investors await FOMC meeting at the end of the month Gold: Gold was muted Tuesday, weighed down by buoyant Asian shares that cheered […]
Singapore: STI Index (.STI) higher on hopes of progress on a US-China trade deal Singapore shares climbed higher by Monday afternoon on hopes of progress on a US-China trade deal, with the Straits Times Index (STI) gaining 0.9 per cent, or 28.80 points to 3,142.96. The benchmark index traded within a day range of 3,111.12 to […]
Singapore: STI Index (.STI) shares edged down following differing reactions in the US and Europe markets Singapore shares edged down on Friday morning following differing reactions in the US and Europe markets over a draft agreement on Brexit, with US stocks gaining ground but Europe closing slightly lower. Amid a tentative opening on the exchange, […]
Singapore: STI Index (.STI) drags on weak export data Singapore’s shares fell on Thursday after the city-state reported dismal export figures, while most Southeast Asian stock markets slipped as investors awaited more details on the first phase of the Sino-U.S. trade deal. China’s commerce ministry said that the country hoped to reach a phased agreement […]
Singapore: STI Index (.STI) and Asia shares cheered by Brexit deal hopes The pound surged overnight and Asias shares rose on Wednesday (Oct 16) as investors looked to whether Britain can secure a deal to avoid a disorderly exit from the European Union. Officials and diplomats involved in negotiations over the acrimonious divorce between the […]
Singapore: STI Index (.STI) slightly higher despite US stocks finishing lower overnight ahead of a wave of key earnings reports Singapore shares edged slightly higher on Tuesday, with the Straits Times Index gaining 0.1 per cent, or 4.19 points to 3,128.64 as at 9.02am. This came despite US stocks finishing lower overnight ahead of a […]
Singapore: STI Index (.STI) investor sentiment improved following last week’s high-level trade negotiations between the United States and China Asia Pacific markets rose across the board on Monday as investor sentiment improved following last week’s high-level trade negotiations between the United States and China. Mainland Chinese markets traded up at the close: The Shanghai composite […]
Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 9.09. The projected upper bound is: 9.33. The projected lower bound is: 8.77. The projected closing price is: 9.05. SINGAPORE AIRLIN closed up 0.050 at 9.060. Volume was […]
Singapore: STI Index (.STI) expected to rise as hopes of progress in US-China trade talks lifted risk appetite Stocks in Asia rallied strongly on Friday to end the week on a high note as hopes of progress in US-China trade talks lifted risk appetite. Some regional bourses posted their best showing in weeks while in […]
Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are trending. The projected upper bound is: 3.25. The projected lower bound is: 3.06. The projected closing price is: 3.16. SINGTEL closed up 0.010 at 3.160. Volume was 43% below average (neutral) and Bollinger Bands were 53% narrower than normal. […]
Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are trending. By the way, prices are vulnerable to a correction towards 6.08. The projected upper bound is: 6.15. The projected lower bound is: 5.77. The projected closing price is: 5.96. KEPPEL CORPORATI closed up 0.070 at 5.970. Volume was […]
Overall, the bias in prices is: Upwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 0.93. The projected lower bound is: 0.89. The projected closing price is: 0.91. GENTING SINGAPOR closed up 0.010 at 0.910. Volume was 107% above average (neutral) and Bollinger Bands were 37% narrower than […]
Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the downside. By the way, prices are vulnerable to a correction towards 0.10. The projected upper bound is: 0.09. The projected lower bound is: 0.07. The projected closing price is: […]
Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are trending. By the way, prices are vulnerable to a correction towards 10.95. The projected upper bound is: 11.02. The projected lower bound is: 10.43. The projected closing price is: 10.72. OVERSEA-CHINESE closed up 0.090 at 10.740. Volume was 44% […]
Overall, the bias in prices is: Upwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 8.67. The projected lower bound is: 8.15. The projected closing price is: 8.41. SINGAPORE EXCHAN closed up 0.180 at 8.400. Volume was 21% below average (neutral) and Bollinger Bands were 31% narrower than […]
Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 25.12. The projected upper bound is: 25.56. The projected lower bound is: 24.18. The projected closing price is: 24.87. DBS GROUP HOLDIN closed up 0.190 at 24.900. Volume […]
Overall, the bias in prices is: Upwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 2.69. The projected lower bound is: 2.53. The projected closing price is: 2.61. SIA ENGINEERING closed up 0.020 at 2.610. Volume was 63% below average (consolidating) and Bollinger Bands were 53% narrower than […]
Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the downside. The projected upper bound is: 0.90. The projected lower bound is: 0.77. The projected closing price is: 0.83. STARHUB LTD closed unchanged at 0.835. Volume was 100% below […]
Singapore: STI Index (.STI) shares join regional slide The days leading up to the US-China trade talks have seen more mines scattered along the road towards a resolution. And if the effect of which wasn’t noticeable during Tuesday’s Asia session, it was certainly felt on Wednesday. Singapore’s Straits Times Index (STI) started the day 0.4 […]
Singapore: STI Index (.STI) mostly higher despite worrying signs that this week’s trade negotiations In contrast with Wall Street, Asian equities were mostly higher despite worrying signs that this week’s trade negotiations between the US and China have hit some pre-talk speed bumps. Singapore’s Straits Times Index (STI) closed at 3,110.85, adding 11.37 points or 0.4 […]
Singapore: STI Index (.STI) positive start but worries remain over the global growth outlook Singapore equities took their cue from last Friday’s encouraging performance on Wall Street to get the week off to a positive start but worries remain over the global growth outlook as well as US-China trade tensions in the lead-up to this […]
Singapore: STI Index (.STI) slide as renewed fears of a global economic slowdown Singapore shares deepened its slide on Wednesday afternoon (Oct 2), as a shock slump in US manufacturing activity spooked investors and renewed fears of a global economic slowdown. The Straits Times Index sank 1.2 per cent, or 39.15 points to 3,106.88 as […]
Singapore: STI Index (.STI) equities got the fourth quarter off to a flying start It would be an exaggeration to say Singapore equities got the fourth quarter off to a flying start, but the local market did register one of the region’s best showings yesterday. The Straits Times Index (STI) extended early gains to end […]
$XAU, $GLD, $USD, $USO, $OIL FLASH: Gold Off, USD Up, Crude Oil Up, Stocks Firm Headlines Crude Oil prices recover after output from US, Russia, OPEC fall Asian shares firm as investors stay hopeful on US-China disputes Gold fell to a 2 month low on the back of a strong Buck, last trading at $1,468.50 oz. Gold: […]
Singapore: STI Index (.STI) shares drop 0.2% despite positive China factory data Investors took heart to a better-than-expected August reading for China’s manufacturing sector but worries over US President Donald Trump’s latest trade threat meant it was a mixed start to the week for Asian equities. Singapore’s Straits Times Index (STI) dropped 0.3 per cent […]
FLASH: Gold Dips, USD Little Changed, Crude Oil Off, Stocks Flat Headlines Asian shares mostly flat to unchanged Major currencies were little changed in early trade Crude Oil shares fall on potential limit on China investments Gold prices dip as fears of widening trade war ease Gold: Gold prices dip as fears of widening trade war ease […]
Singapore: STI Index (.STI) registers worst session in 3 weeks Singapore stocks marked their worst session in three weeks yesterday, as increased political turmoil in the United States and trade tensions rattled investors. The Straits Times Index (STI) ended in the red, declining 0.6 per cent at the opening of trading before slipping further during […]
Singapore: STI Index (.STI) shares track Wall Street Singapore shares tracked Wall Street losses overnight to open lower on Wednesday (Sept 25), with the Straits Times Index losing 0.6 per cent, or 18.89 points to 3,136.57 as at 9.01am. This comes after US stocks tumbled into the red after a hawkish statement on US-China trade […]
FLASH: Gold Steady, USD Flat, Crude Oil Off, Stocks Off Headlines Asian stocks rattled, seeing Trump impeachment bid raises new risks Gold steady as President Trump’s impeachment inquiry stokes risk-off mood Crude Oil futures declined on concerns of political uncertainty and US-China trade Gold: Gold prices were trading steady Wednesday, just below a nearly 3-wk high hit […]
Singapore: STI Index (.STI) showing cautious optimism Singapore stocks on Tuesday reversed the previous day’s losses as US economic data topped expectations and tensions eased on the trade front. The Straits Times Index gained 0.39 per cent or 12.22 points to close at 3,155.46, in line with most Asian markets. Gainers outnumbered losers 225 to […]
FLASH: Gold Steady, USD Up, Crude Oil Off, Stocks Up Headlines Crude Oil falls as focus shifts from Saudi supply to global demand concerns Global stocks up on trade hopes, growth fears temper gains Gold steady below 2-week peak but trade talk hopes weigh Gold: Gold prices are steady Tuesday, having risen to a more than […]
Singapore: STI Index (.STI) Bbusiness confidence for the last quarter dropped to close to a two year-low Business confidence for the last quarter has dropped to close to a two year-low, as Singapore’s key manufacturing and wholesale trade sectors brace for a downturn. Business sentiment has dipped to +4.82 percentage points for 4Q19, from +6.91 […]
FLASH: Gold Lower, USD Up, Crude Oil Up, Stocks Off Headlines Crude Oil gains more than 1% on Saudi supply doubt China, Hong Kong stocks fall on US-China trade deal uncertainty Gold prices edge lower, as Palladium marks record high Gold: Gold prices lowed Monday, as equities gained after the US Trade Representative described last week’s US-China […]
$RACE Ferrari (NYSE:RACE) Charles Leclerc, 21 anni, has secured the Pole position under the lights in Singapore Saturday the 5th pole position of his career and his 3rd running, made all the more special by the fact that it came at a track where Ferrari had predicted struggle ahead of the weekend’s race. Mr. Leclerc […]
Asia is diverse and complementary, and Asia-for-Asia industrial supply-chain networks are emerging. Asia is a highly diverse region, there is no single Asia but many. We identified 4 distinct groups of economies based on scale, economic development, interactions with one another, and connectedness to the world. Each of these “4 Asia’s” has characteristics that complement […]
$RACE This Friday (NYSE:RACE) at Singapore was demanding for the drivers and crew. It was a long very humid day until Sunset, with the 2nd free practice session ending at 10.00p local time. Sebastian Vettel ended the day 3rd fastest, Charles Leclerc came 6th. The 2 sessions were very busy as, on Top of their […]
FLASH: Gold Up, USD Soft, Crude Oil Up, Stocks Up Headlines US-Chinese trade deputies face-off in Washington Asia’s economic hopes support shares Crude Oil edges up on Mideast tensions Gold up as softer USD and Gulf tensions support Gold: Gold prices up Friday and were headed for their 1st weekly gainer in 4-5, supported by a softer […]
FLASH: Gold Flat, USD Firm, Crude Oil Up, Stocks Down Headlines Gold flat to little changed after Fed outlook disappoints Asian shares lower on guarded Fed Crude Oil prices settle after turbulent week, Saudi reassures on output Gold: Gold prices were little changed Thursday after declining up to 1% in Wednesday, as lack of clarity on the […]
FLASH: Gold Steady, USD Firm, Crude Oil Off, Stocks Steady to Up Headlines USD holds firm, -0.03% to 98.288. Crude Oil jitters ease Gold prices steady in cautious mood China stocks rise ahead of expected Fed rate cut Gold: Gold prices were little changed Wednesday as investors maintained a cautious stance ahead of the conclusion of FOMC […]
FLASH: Gold Steady, USD Flat, Crude Oil Off, Stocks Cautious Headlines Crude Oil pares gains Middle East risks keep stocks in caution mode Gold prices little changed as markets eye Fed outlook Gold: Gold traded steady Tuesday as traders stayed on the sidelines ahead of a widely expected rate cut by the Fed on Wednesday. Spot gold was […]
Singapore: STI Index (.STI) business confidence falls to near 2-year low Business confidence in Singapore has dropped to a near two-year low for the final quarter of this year, with the manufacturing sector and wholesale trade bracing themselves for a downturn, a new survey has shown. Business sentiment fell from +6.91 percentage points in the […]
