Singapore: STI Index (.STI) Edges Higher Singapore stocks finished 0.4 per cent higher on Thursday, with the Straits Times Index gaining 11.34 points to 3,054.53. Gainers outnumbered losers 222 to 170, as some 1.91 billion shares worth S$1.06 billion in total changed hands. The most actively traded counter was Genting Singapore, which rose S$0.025 to S$0.950 […]
Singapore: STI Index (.STI) shares slip as oil tumbles The key stock index had declined 20% this year as of Tuesday, making it the worst performer in Southeast Asia. Indonesian shares closed higher for a second straight session with material and consumer stocks dominating the gains. “It is more of a technical rebound than a […]
Singapore: STI Index (.STI) volatility is back In a year full of debate on whether stocks have peaked, one thing’s clear: volatility is back. Tuesday’s trading showed that in spades, with Japan’s Nikkei 225 Stock Average sliding 3.5% at one point before paring to close 2.1% lower. China’s Shanghai Composite quickly erased its earlier 1.3% […]
Retail and digital experts, investors, tech experts and 200 CXOs from some of the biggest brands will come together on 21 Nov at Marina Bay Sands, aiming to empower business leaders with the latest business and consumer strategies and uncover how technology is fundamentally transforming the e-commerce, startup and retail ecosystem in Southeast Asia (SEA). […]
The Monetary Authority of Singapore (MAS) announced today initiatives to enhance private markets financing channels, including a programme to place up to US$5 billion for management with private equity (PE) and infrastructure fund managers. 2 Mr Peter Ong, MAS Board Member and Chairman of Enterprise Singapore, highlighted the new initiatives at the Global Investor Summit […]
Singles Day Sales Proves the Value of V-MORE Chinese e-commerce giant Alibaba has smashed records for its Singles Day, the world’s biggest 24-hour shopping event, despite an ongoing trade war with the US and waning domestic interest in the event. The 2018 edition of the 11/11 Singles Day brought in a record $30.8 billion (213.5 […]
Singapore: STI Index (.STI) retail sales up 1.9% Retail sales in Singapore rose 1.9% in September on a year-on-year basis after declining for the months of July and August. The increase was helped by increased sales seen in petrol service stations, watches and jewelleries, and medical goods and toiletries. Total receipts reached around S$3.6 billion […]
Singapore: STI Index (.STI) slowdown as tech stocks plunged It was looking like a week of wound-licking for Asian stocks. Then crude oil entered a bear market and alarm bells rang on China’s slowdown as tech stocks plunged. Just like that, the region’s equity benchmark erased weekly gains and posted its sixth slide in seven […]
Singapore: STI Index (.STI) boosted risk appetite Singapore and Malaysia shares rose Thursday along with most Asian markets as Wall Street gained following conclusion of U.S. midterm elections that erased political uncertainty and boosted risk appetite. The Straits Times Index ended 0.9% higher at 3093.24. Jardine Cycle & Carriage rose 3.7% in Singapore to extend […]
Singapore: STI Index (.STI) Shares edge higher Singapore stocks ended slightly higher on Wednesday, with the Straits Times Index rising 4.74 points or 0.2 per cent to 3,065.36. Gainers outnumbered losers 234 to 173, after about 1.57 billion shares worth S$1.17 billion in total changed hands. The most actively traded counters were Rex International, which gained 2.5 […]
Singapore: STI Index (.STI) mixed after a muted US session ahead of midterm elections Share prices were mixed in Europe and Asia on Tuesday as cautious world investors awaited the outcome of the US midterm elections. The Shanghai Composite index slipped 0.2 per cent to 2,659.36 and Hong Kong’s Hang Seng bounced back, gaining 0.7 […]
Singapore: STI Index (.STI) resumes Monday afternoon at 3,058.13 Singapore shares continued to slide on Monday afternoon, resuming trading on lower ground, with the Straits Times Index down 58.26 points or 1.9 per cent to 3,058.13. About 973 million shares worth S$517 million in total changed hands, with losers outnumbering gainers 243 to 100. Among […]
Singapore: STI Index (.STI) local earnings reports and China data due out this week Asian markets were given a boost from the middle of the past week on positive earnings reports from Wall Street and developments in US-China trade relations. But as markets head into the first full week of November, all eyes will be […]
Infireum: Asia’s Stablecoin Stablecoins are all the rage and in Asia Infireum is making it’s mark as the stablecoin to own. A stablecoin is a cryptocurrency designed to minimize the price volatility. Stablecoins are used as stores of value or units of account, as well as in other use cases where volatile cryptocurrencies may be […]
Singapore: STI Index (.STI) lenders rallied after Oversea-Chinese Banking Corp posted a record quarterly profit Singapore shares climbed to a one-week high on Thursday as lenders rallied after Oversea-Chinese Banking Corp posted a record quarterly profit, while other markets in the region were subdued. Singapore shares ended 1.4% higher after lender OCBC reported a 12% […]
Singapore: STI Index (.STI) Investors still face risks of slower global growth Singapore and Malaysia shares rose Wednesday thanks to strong overnight rebound on Wall Street, helping to limit losses through a choppy October that saw most global equity benchmarks ending lower. Singapore stocks opened stronger on Wednesday, with the Straits Times Index up 0.8 […]
Singapore: STI Index (.STI) Stocks Slip Singapore stocks opened lower on Tuesday (Oct 30), with the Straits Times Index easing 0.4 per cent or 10.79 points to 2,970.75 as at 9.05am. Losers outnumbered gainers 85 to 43, as some 42.4 million shares worth $71.4 million in total changed hands. The most actively traded counter was […]
Singapore Dollar: USD/SGD (SGD=X) remains supported above 1.38 USD/SGD is currently trading around 1.3806 marks. It made intraday high at 1.3811 and low at 1.3798 levels. Intraday bias remains slightly bullish till the time pair holds key support at 1.3790 mark. A daily close above 1.3815 will test key resistances at 1.3838, 1.3872, 1.3905 and […]
Singapore: STI Index (.STI) investors still positive on fundamentals Markets the world over faced heavy sell-offs last week but the question on investors’ minds had been whether a rebound was in sight. Going by how Asian equities resumed declines yesterday after gains in the early session, signs are that the mood dampening markets is likely […]
Singapore: STI Index (.STI) set to begin the week in a mixed fashion Asian stocks looked set to begin the week in a mixed fashion after they fell into a bear market last week amid the global sell-off. Shorter-dated bond yields may also be in focus as some traders question the Federal Reserve’s tightening plans. […]
Singapore: STI Index (.STI) tracking Wall Street slump October just got rockier for stock watchers in Singapore, as the market plunged on Thursday morning (Oct 25) in line with with US equities. Eleven of the 30 blue-chips that make up the benchmark Straits Times Index (STI) have fallen to 52-week lows, taking the STI down […]
Singapore: STI Index (.STI) Uncertainties on the trade war Uncertainties on the trade war, geopolitical issues and the fall in oil prices have led to lacklustre trading in Asian markets on Wednesday, with indices barely seeing activity. Australia’s S&P/ASX 200 index wavered around positive and negative territory throughout the day, finally closing 0.24% lower or […]
Singapore: STI Index (.STI) stocks are looking particularly attractive Singapore stocks should soon become a favourite for investors looking for value. That’s because valuations, earnings growth and dividend yields are looking particularly attractive, according to strategists at Morgan Stanley Asia Singapore Pte and DBS Group Holdings’ wealth-management unit. Hit by concerns over the impact of […]
Singapore: STI Index (.STI) lingering geopolitical worries SINGAPORE stocks opened flat on Monday, with the benchmark Straits Times Index inching up 0.01 per cent, or 0.2 of a point to 3,062.71 as at 9.03am. Gainers outnumbered losers 54 to 43, as some 46.3 million shares worth S$82.4 million in total changed hands. The most actively […]
Singapore: STI Index (.STI) Earnings season kicks off For the 2018 year through to Oct 18, the Straits Times Index (STI) has generated a 6.7 per cent decline in total return, amid regional mixed moves that have ranged from a 4.9 per cent total return for the Nikkei 225 Index to a 25.2 per cent […]
Singapore: STI Index (.STI) Poised to Open Down Singapore stocks opened weaker on Thursday (Oct 18) with the Straits Times Index retreating 0.18 per cent or 5.45 points to 3,065.65 as at 9.02am after overnight declines in US markets. Losers outnumbered gainers 60 to 37, or about 13 securities down for every eight up, after […]
Singapore: STI Index (.STI) rebound on Wall Street likely to provide a lift to local sentiment today Wall Street’s rebound could fuel gains today. The Straits Times Index ended 11.66 or 0.38% points lower at 3,041.31. The top active stocks were DBS, which dipped 0.24%, OCBC, which slipped 0.08%, UOB, which rose 0.15%, Singtel, which […]
Singapore: STI Index (.STI) Investors remain mostly on the sidelines as uncertainty looms Singapore stocks opened stronger on Tuesday (Oct 16), with the Straits Times Index increasing 0.38 per cent or 11.63 points to 3,057.60 as at 9.02am. Gainers outnumbered losers 60 to 37, or about 13 securities up for every eight down, after 26.8 […]
Singapore: STI Index (.STI) caution ahead of earnings season Singapore stocks opened weaker on Monday (Oct 15), with the Straits Times Index moving down 0.27 per cent or 8.22 points to 3,060.95 as at 9.02am. Losers outnumbered gainers 74 to 47, or about 11 securities down for every seven up, after 64.3 million securities worth […]
The Most Expensive Cities in the World Budget travelers these 5 cities are not for you. But, for those who have got money, they will be all set to enjoy the delights these destinations have to offer. Asian cities have long dominated this list but European counterparts are now making their claims for the title. […]
Singapore: STI Index (.STI) economy grows 2.6% in Q3 Singapore’s economy grew by 2.6 per cent in the third quarter, slowing down from the first half of the year but performing slightly better than expected, according to Ministry of Trade and Industry (MTI) advance estimates released on Friday (Oct 12). The country’s gross domestic product […]
Singapore: STI Index (.STI) shares open lower Singapore shares opened sharply lower on Thursday as Asia markets sank following an equity selloff in New York, with the Straits Times Index down 2.4 per cent or 75.53 points to 3,055.95 as at 9.05am. About 195 million shares worth $171 million in total changed hands, which worked […]
Singapore: STI Index (.STI) racks up five-day losing streak Regional markets were mixed yesterday as worries over global growth kept investors cautious. The concern stemmed from the International Monetary Fund’s move to cut its global economic growth forecast for the first time in over two years, to 3.7 per cent from 3.9 per cent for […]
Singapore: STI Index (.STI) caution ahead of a central bank meeting on Friday Philippine shares snapped a three-day losing streak on Tuesday, while Singapore fell for a fourth straight session on caution ahead of a central bank meeting on Friday in which it is expected to slightly tighten the monetary policy. Sentiment was subdued in […]
Singapore: STI Index (.STI) slide on worries about trade war Singapore shares fell for a third straight session on Monday following Friday’s bond sell-off on Wall Street and Sunday’s decision by the People’s Bank of China to loosen monetary policy for a fourth time this year. Investors saw the Chinese central bank’s decision to cut […]
Singapore: STI Index (.STI) financial analysts have turned cautious on China stocks Singapore companies have been on a global acquisition spree. Companies in Singapore have announced US$91 billion (S$125.7 billion) of overseas deals this year through September. The figure is more than double the US$41.9 billionrecorded in the corresponding period last year. Total number of deals increased 7.8% from last year to 468. […]
Singapore: STI Index (.STI) renewed capital flight worries Most Southeast Asian stock markets slumped on Thursday as positive economic data drove US Treasury yields up and raised the chances of a December rate hike, sending jitters through the region. Shares in Indonesia and Singapore plunged to their lowest in nearly four weeks and one week, […]
Singapore: STI Index (.STI) Seeing Signs of Recovery Singapore stocks opened higher on Wednesday (Oct 3), with the Straits Times Index gaining 0.5 per cent, or 17.35 points to 3,260 as at 9.02am. Gainers outnumbered losers 66 to 47, as some 46.3 million shares worth $96.8 million in total changed hands. The most actively traded […]
Singapore: STI Index (.STI) attention returns to Sino-American trade conflict Singapore shares fell Tuesday as real estate firms and lenders slipped amid slower home prices, while oil-and-gas services stocks rose in Malaysia thanks to higher crude petroleum prices. The Straits Times Index closed 0.4% lower at 3242.65 and the FBM KLCI ended 0.3% higher at […]
Singapore: STI Index (.STI) Consolidating Singapore stocks opened higher on Monday, with the Straits Times Index rising 0.27 per cent or 8.82 points to 3,265.87. Gainers outnumbered losers 86 to 45, or about two securities up for every one down, after 55.4 million securities worth S$86.4 million changed hands. Among the most heavily traded by […]
Singapore: STI Index (.STI) mixed after the U.S. Federal Reserve lifted its key interest rate Asian markets were mixed on Thursday after the U.S. Federal Reserve lifted its key interest rate as expected for the third time this year. Japan’s Nikkei 225 dropped 0.3 percent to 23,952.30. South Korea’s Kospi, which reopened after a national […]
Singapore: STI Index (.STI) extending gains Philippine stocks fell on Tuesday on the peso’s continued slide, coupled with renewed trade war concerns, while Singapore extended gains for a fifth session, thanks to “window dressing” attempts by portfolio managers ahead of the third quarter close. Broader Asian stocks struggled as the latest round of U.S.-China tariffs […]
Singapore: STI Index (.STI) shares hit over 3-week high The Straits Times Index (STI) ended 37.25 or 1.17% higher at 3,217.68 The FTSE ST Mid Cap Index rose 2.70% whilst the FTSE Small Cap Index fell 5.26%. The top active stocks were DBS, which inched up 0.81%, OCBC Bank, which rose 0.19%, Singtel, which advanced […]
Singapore Dollar: USD/SGD (SGD=X) take a short position on USD/SGD only below 1.3680 USD/SGD is currently trading around 1.3682 marks. It made intraday high at 1.3696 and low at 1.3682 levels. Intraday bias remains bearish till the time pair holds key resistance at 1.3720 marks. A daily close above 1.3640 will test key resistances at […]
Singapore: STI Index (.STI) resumed trading essentially flat Singapore stocks resumed trading essentially flat on Thursday after the midday lunch break, with the Straits Times Index shedding 0.27 of a point, or 0.01 per cent to 3,176.3. Losers outnumbered gainers 178 to 125, as some 805.3 million shares worth S$435.8 million in total changed hands. The […]
Singapore: STI Index (.STI) Gains across region underscore weariness over tit-for-tat tariff war Locals shares headed north yesterday in line with markets across the region as investors took the tit-for-tat tariffs between the United States and China in their stride. Nearly all regional bourses rose despite the US$60 billion (S$82 billion) in tariffs levelled by […]
Singapore Dollar: USD/SGD (SGD=X) Short term consolidation ahead USD/SGD consolidated lower during Wednesday session, reaching an intra-day low of 1.3680. Short term consolidation ahead as bulls try to regain ground toward the 1.3755 resistance with the aid of upside pressure from US-China trade woes. Expect confined movements between 1.3675 and 1.3755 in the short term. […]
Singapore: STI Index (.STI) edges down US President Donald Trump raised a ruckus by thumping China with another round of tariffs, but most Asian markets merely yawned by the closing bell yesterday. Singapore stocks edged down slightly, with the Straits Times Index (STI) retreating 2.06 points, or 0.07 per cent, to 3,139.34. The benchmark index, […]
Singapore: STI Index (.STI) Set to Open Higher China’s main Shanghai Composite index fell to its lowest close in nearly four years on Monday as reports said U.S. President Donald Trump would unveil new tariffs on $200 billion of imported Chinese goods this week. The Shanghai Composite index dropped 1.1 per cent to 2,651.79 points, […]
F1: Singapore, Ferrari’s (NYSE:RACE) Vettel Came 3rd, Raikkonen 5th $RACE The Marina Bay circuit race, aka the Monaco of the East, was the same: anything can happen, but most often nothing does. Ferrari’s (NYSE:RACE) Sebastian Vettel came 3rd and Kimi came 5th. The start of the race looked like it would be better, but Mr. […]
Singapore: STI Index (.STI) May Find Support The losing streak has reached five sessions now for the Singapore stock market, which has tumbled more than 100 points or 3.1 percent along the way. The Straits Times Index now rests just beneath the 3,110-point plateau although it’s due for a positive bounce on Wednesday. The global […]
F1: Singapore Qualifying, Hamilton on the Pole, Verstappen at His Side $RACE Lewis Hamilton takes the Singapore Pole, as Max Verstappen beats Sebastian Vettel to P2 MercedesAMG’s Lewis Hamilton ran fasted to take the Pole position at Marina Bay, 3/10’s up on Red Bull Racing’s Max Verstappen. Mr. Hamilton called it ‘Magic’. MercedesAMG’s chief Toto […]
F1: Ferrari’s (NYSE:RACE) Vettel and Raikkonen Fastest at Singapore FP3 $RACE The Scuderia duo of Sebastian Vettel and Kimi Raikkonen set the pace for Ferrari (NYSE:RACE) in the final practice session ahead of qualifying for the Singapore Grand Prix Saturday night. Mr. Vettel’s fastest time of a 1’38.054 was enough to Top the time sheets […]
F1: Singapore Friday’s Free Practice Results, Ferrari’s Raikkonen Fastest $RACE Ferrari’s (NYSE:RACE) Kimi Raikkonen went fastest in the 2nd session at the Singapore Grand Prix Friday, but his team-mate, Sebastian Vettel, was only 9th fastest after hitting a wall and prematurely ending his running. Mr. Raikkonen posted a lap of 1 min, 38.699 secs to edge championship leader Lewis […]
Singapore: STI Index (.STI) U.S. proposed a new round of trade negotiations with China Asian markets were mostly higher on Thursday after a report that the U.S. had proposed a new round of trade negotiations with China quelled fears that a dispute between the world’s two largest economies was spiraling out of control. According to […]
Economist are Bullish on Global Growth $SPY, $MME=F, $GS,$JPM, $C, $BAC, $DB Wall Street economists are sticking with their forecasts for the global economy to enjoy its strongest growth since the start of the decade even as emerging markets wobble and trade disputes escalate. The Big Q: The reason? The Bit A: The US is […]
Singapore: STI Index (.STI) vulnerable to a correction towards 3,254.75 Singapore stocks closed higher on Wednesday, with the benchmark Straits Times Index (STI) up 0.47 percent or 14.74 points to close at 3,124.65. A total of 1.86 billion shares changed hands with a turnover of 1.01 billion Singapore dollars (about 733.7 million U.S. dollars). Gainers […]
Singapore: STI Index (.STI) plunge as trade tensions continue to spook investors The local market joined other key bourses across the region yesterday to close at levels not seen for more than a year as trade tensions continued to unnerve investors. The Straits Times Index here fell for the fifth straight session to close at […]
Singapore: STI Index (.STI) Drops to a 15 Month Low Singapore shares opened lower on Monday (Sept 10), with the Straits Times Index down 0.5 per cent or 14.42 points to 3,119.97 as at 9.04am. About 50 million shares worth $66 million in total changed hands, which worked out to an average unit price of […]
Asia’s Super Rich Advised to Add More Gold to Portfolios $GLD, $USD Gold has been hammered lately, and some advisers are telling their wealthy clients to take advantage of lower prices and add to their stockpile to protect assets against pounding equity markets. Advisers to Asia’s super rich think their clients should put more of their […]
Singapore: STI Index (.STI) announced some changes to the index the co-creators of Singapore’s stock market benchmark, the Straits Times Index (SGX: ^STI), announced some changes to the index as part of its September quarterly review. The announcement also revealed the new STI reserve list. Companies on this list will replace any STI component that […]
Singapore: STI Index (.STI) Emerging market concerns could weigh on local sentiment The Straits Times Index (STI) ended 1.7% lower at 3156.28. The FTSE ST Mid Cap Index slipped 0.74%, whilst the FTSE ST Small Cap Index fell 1.11%. OCBC Investment Research noted that US stocks closed mostly lower Wednesday with the technology sector logging its worst […]
Singapore: STI Index (.STI) Extending Losses Singapore stocks opened 0.2 per cent lower on Wednesday (Sept 5), with the Straits Times Index inching down by 7.73 points to 3,202.78 as at 9.05am. The field was roughly evenly matched, with 52 gainers to 57 losers, as 51.5 million shares worth $49.8 million in total changed hands. […]
The Battle for Asia’s Ecommerce Dollar When Alibaba purchased a 51% stake in Lazada about two years ago, it was evidence that the Chinese giant is betting on the rise of online shopping in Southeast Asia. Southeast Asia is becoming far more competitive, prompting the Alibaba to get even more involved, the race for the […]
Singapore: STI Index (.STI) expect some short-term choppiness due to the trade war Malaysia and Singapore shares held largely steady Tuesday after a range-bound session with investors monitoring news on currency and trade in absence of fresh cues from U.S. markets. The FBM KLCI ended down 0.1% at 1812.76 as Dialog Group turned 1.2% lower, […]
Singapore: STI Index (.STI) Opened Lower on Monday Singapore stocks opened 0.1 per cent lower on Monday (Sept 3), with the key Straits Times Index retreating 2.32 points to 3,211.16 as at 9.03am. The field was evenly matched, with as many gainers as losers at 57 each, as some 68.8 million shares worth S$76.4 million […]
Singapore: STI Index (.STI) Shares Drifted Lower Friday as Trade Concerns Escalated Singapore shares drifted lower Friday as trade concerns escalated, damping major indexes in the U.S. and across Asia. The Straits Times Index ended 0.38% lower at 3,213.48. Malaysian markets were closed for the National Day holiday. A four-day rising streak on Wall Street […]
Singapore: STI Index (.STI) halted the two-day winning streak The Singapore stock market on Wednesday halted the two-day winning streak in which it had gathered more than 30 points or 1 percent. The Straits Times Index now rests just beneath the 3,245-point plateau although it’s tipped to rebound on Thursday. The global forecast for the […]
Singapore: STI Index (.STI) Caution over trade jitters returns The Singapore stock market has climbed higher in two straight sessions, gathering more than 30 points or 1 percent along the way. The Straits Times Index now rests just above the 3,245-point plateau and it tipped to open higher again on Wednesday. The global forecast for […]
Singapore: STI Index (.STI) extend gains The Singapore stock market has finished higher in two of three trading days since the end of the nine-day losing streak in which it had tumbled more than 120 points or 3.7 percent. The Straits Times Index now rests just above the 3,225-point plateau and it may extend its […]
Singapore: STI Index (.STI) shares opened higher on Monday Singapore stocks opened higher on Monday (Aug 27), with the Straits Times Index gaining 9.75 points, or 0.3 per cent to 3,222.75 as at 9.02am. Gainers outnumbered losers 88 to 31, after about 27.9 million shares worth $77.4 million changed hands. The most actively traded counter […]
Singapore: STI Index (.STI) Banks In Focus Overall, the bias in prices is: Downwards. By the way, prices are vulnerable to a correction towards 3,309.17. The projected upper bound is: 3,285.07. The projected lower bound is: 3,135.18. The projected closing price is: 3,210.13. Candlesticks A big black candle occurred. This is bearish, as prices closed […]
GOLD 1 OZ (XAU=X) rise in activity in gold options A rise in activity in goldoptions amid geopolitical tensions and a record-long bull marketfor U.S. equities suggests that investors are betting goldprices have found a floor, traders said. Open interest in Comex gold call options giving the holder aright to buy the metal at $1,200 […]
Alibaba Results a Positive for V-More Ecommerce giant Alibaba said on Thursday that its revenue jumped 61 percent in the latest quarter as its core e-commerce segment chugged along, but profit for the period was dragged down by a one-off expense. V-MORE is a unique international e-commerce platform that currently caters to China , Singapore, […]
Singapore: STI Index (.STI) rallied 43 points The Straits Times Index rallied 43 points, or 1.37% this morning, largely due to the advance in SingTel (+4.8%) and DBS (+1.7%). A 3% rebound in crude oil prices last night also lifted Singapore’s offshore and marine stocks, namely Sembcorp Marine and Sembcorp Industry. Overall, the bias in prices is: […]
Singapore: STI Index (.STI) positive lead for Tuesday The losing streak has hit eight sessions now for the Singapore stock market, which has dropped more than 115 points or 3.5 percent in that span. The Straits Times Index now rests just beneath the 3,205-point plateau although it’s looking at a positive lead for Tuesday. The […]
Singapore: STI Index (.STI) vulnerable to a correction towards 3,324.07 The Singapore stock market has finished lower now in seven straight sessions, tumbling more than 110 points or 3.4 percent. The Straits Times Index now rests just beneath the 3,210-point plateau although it may find traction on Monday. The global forecast for the Asian markets […]
Singapore: STI Index (.STI) remain vigilant for developing news The international system is at a turning point, with mounting trade tensions between the United States and China and the US and Europe arguing fiercely over trade and defence spending, said PM Lee. He warned that there is uncertainty over whether new rules and norms for international cooperation […]
Singapore: STI Index (.STI) down 0.69% to 3,211.93 Singapore stocks opened lower for the sixth day in a row on Thursday (Aug 16), with the Straits Times Index moving down 0.69 per cent or 24.76 points to 3,211.93. Losers outnumbered gainers 90 to 17 after 33.2 million securities worth $60.1 million changed hands. Overall, the […]
Singapore: STI Index (.STI) finished lower in four straight sessions Wall Street’s recovery could uplift the local bourse today. The Straits Times Index (STI) ended 6.61 points or 0.2% lower at 3,242.87, taking the year-to-date performance to -2.47%. The global forecast for the Asian markets is cautiously optimistic thanks to easing concerns about the financial […]
Singapore: STI Index (.STI) s aiming to push its next stage of growth in commodities and energy Singapore is aiming to push its next stage of growth in commodities and energy by striking a balance between grooming local enterprises to become global players, as well as by making its investment climate even more attractive and […]
Singapore: STI Index (.STI) extended its slide on Monday Singapore stocks closed lower on Monday, with the benchmark Straits Times Index (STI) went down 1.2 percent or 39.44 points to close at 3245.34. A total of 2.31 billion shares changed hands with a turnover of 1.20 billion Singapore dollars (about 868.97 million U.S. dollars). Losers […]
Singapore: STI Index (.STI) Likely To Be Stuck In Neutral Investors are urged to take caution. The Straits Times Index (STI) ended 13.26 points or 0.4% lower at 3326.74, taking the year-to-date performance to -2.24%. The top active stocks were DBS, which declined 2.95%, OCBC Bank, which declined 0.42%, YZJ Shipbldg SGD, which gained 8.79%, […]
Singapore: STI Index (.STI) may slide at opening bell The Straits Times Index (STI) ended 13.26 points or 0.4% lower at 3326.74, taking the year-to-date performance to -2.24%. The top active stocks were DBS, which declined 2.95%, OCBC Bank, which declined 0.42%, YZJ Shipbldg SGD, which gained 8.79%, UOB, which gained 1.14% and CapitaLand, with […]
Singapore: STI Index (.STI) shares closed lower on Wednesday Asian stock markets ended mixed on Wednesday, with investors largely staying on the sidelines and refraining from making significant moves due to lack of triggers. The overnight positive close on Wall Street set up a higher opening for the markets, but lack of support at higher […]
Singapore: STI Index (.STI) higher at 3340.00 as heavyweight banks climbed further The Straits Times Index ended 1.7% higher at 3340.00 as heavyweight banks climbed further amid optimism over improved margins outlook. The FBM KLCI meanwhile closed 0.6% higher at 1791.09 after 25 of the 30-stock index gained. With Wall Street shrugging off the latest […]
Singapore: STI Index (.STI) Earnings season in full swing The week ahead will have no shortage of company announcements as constituents of the key Straits Times Index (STI) are set to disclose their earnings. Gainers outnumbered losers 165 to 132, or about five up for every four down, as some 1.08 billion shares worth S$650.3 […]
Singapore: STI Index (.STI) faces temporary disruption Singapore and Malaysia’s market benchmarks were temporarily disrupted on Thursday due to technical glitches at index provider FTSE Russell. The issue became apparent when Singapore’s benchmark Straits Times Index was largely unchanged in the first hour of trading, despite DBS Group Holdings Ltd tumbling as much as 3 […]
Singapore Economic Update Singapore Institute of Purchasing and Materials Management (SIPMM) said on Thursday that the country’s purchasing managers’ index (PMI), an early indicator of manufacturing activity, declined 0.2 points from 52.5 in May to 52.3 in July. It marks the 23rd month of consecutive expansion of Singapore’s manufacturing sector. Meanwhile, the PMI of Singapore’s […]
Singapore: STI Index (.STI) awaiting signals amidst the trade wars The Straits Times Index (STI) ended 42.63% points or 1.28% lower at 3286.32. The top active stocks today were DBS, which gained 0.71%, Singtel, which gained 0.31%, Venture, which gained 6.84%, OCBC Bank, which gained 0.26% and CapitaLand, with a 1.24% fall. Global risk appetite […]
SILVER 1 OZ 999 NY (XAG=X) solid overall near-term technical advantage Three-month base metals prices on the London Metal Exchange were up across the board by an average of 0.7% on the morning of Thursday August 2. Precious metals were broadly stronger this morning; platinum rose by 0.6%, palladium and gold were up by 0.2% […]
Singapore: STI Index (.STI) expected to see additional support Singapore stocks resumed trading flat after the Wednesday lunch break, with the Straits Times Index advancing to 3,324.01, up 4.16 points or 0.1 per cent. Of the 30 index components, 20 were in the positive territory; one was flat while the remaining nine were in the […]
Singapore: STI Index (.STI) stocks look attractive again after falling 12% from May The Straits Times Index ended 12.70 points, or 0.38 per cent, up at 3,319.85, but that still leaves it down 2.44 per cent this year. Losers edged out gainers 209 to 178 on turnover of 1.21 billion shares worth $1.48 billion. The […]
Singapore Dollar: USD/SGD (SGD=X) upside pressure easing Since the beginning of the year 2018, USD/SGD has appreciated significantly till date and at the current junction, USD/SGD seems to have difficulty closing above the 1.365 critical resistance level. The common question among investors would be where will USD/SGD be heading next? First half of July saw […]
Singapore: STI Index (.STI) recorded a 7% growth in its net profit Singapore stocks finished 0.5 per cent lower on Monday, with the Straits Times Index losing 17.83 points to end at 3,307.15. Losers outnumbered gainers 237 to 153, or about three down for every two up, as about 1.74 billion shares worth S$835.3 million […]
Singapore: STI Index (.STI) Regulators urge NSE, SGX to offer an ‘acceptable solution’ India and Singapore regulators intervened to urge two of their squabbling exchanges to come to an “amicable resolution,” spurring some optimism about an end to a dispute which has left investors without an easy way to hedge risks in one of Asia’s […]
Singapore Dollar: USD/SGD (SGD=X) stabilizing, possible gains toward 1.3745 Economists see Malaysia’s central bank holding its key interest rate steady at 3.25 per cent for the rest of the year, with the possibility of an easing if inflation slows further. Short positions on the Indian rupee and Singapore dollar were also raised to the highest […]
Singapore: STI Index (.STI) Forecast is Upbeat Singapore stocks finished higher on Thursday, with the Straits Times Index gaining 1.77 points or 0.1 per cent to 3,328.6. Losers outnumbered gainers 203 to 173, after about 1.66 billion shares worth S$1.11 billion in total changed hands. The most actively traded counter by volume was QT Vascular, which rose […]
Singapore: STI Index (.STI) Rebounding Strongly The Straits Times Index (STI) ended 1.06 points or 0.03% lower at 3292.65, taking the year-to-date performance to -3.24%. The top active stocks were DBS, which gained 0.62%, Singtel, which declined 0.60%, UOB, which slipped 0.23%, YZJ Shipbldg SGD, which advanced 6.94% and Venture, with a 4.55% fall. The […]
Singapore: STI Index (.STI) down 1% to 3,292.65 Singapore stocks opened flat on Tuesday, with the Straits Times Index increasing just 0.05 per cent or 1.56 points to 3,295.27 as at 9.03am, after currency war fears dampened prospects in the previous session. About 42 million shares worth $106 million in total changed hands as losers […]