Singapore: STI Index (.STI) shares open higher Singapore stocks opened higher on Monday (Jan 21), with the Straits Times Index advancing 9.17 points, or 0.3 per cent to 3,233.51 as at 9.01am. Gainers outnumbered losers 75 to 20, after about 73.5 million shares worth $44.1 million changed hands. The most actively traded counter was JCG […]
Singapore: STI Index (.STI) Renewed Support Predicted The Singapore stock market on Thursday snapped the two-day winning streak in which it had advanced more than 55 points or 1.7 percent. The Strait Times Index now rests just beneath the 3,215-point plateau although it figures to rebound on Friday. The global forecast for the Asian markets […]
Singapore: STI Index (.STI) strong earnings reports lifted indexes on Wall Street Singapore stocks opened higher on Thursday, with the Straits Times Index advancing 3.98 points, or 0.12 per cent to 3,233.09 as at 9.05am. Gainers outnumbered losers 67 to 32, after about 38.1 million shares worth S$80.3 million changed hands. The most actively traded […]
The notion of dining at Michelin-Starred restaurants evokes visions fine food and $$$$$, but there are some spots that will not break your bank. So, if you are in Southeast Asia, and looking to try the cheapest Michelin-starred restaurant in the world, you will need a plane ticket to Singapore and standing in lengthy queues. […]
Singapore: STI Index (.STI) Asian markets ease after May’s Brexit vote defeat Asia markets took a break on Wednesday, as investors assessed and looked for direction after the British Parliament overwhelmingly rejected its Prime Minister (PM) Theresa May’s Brexit deal. Markets also tuckered out from the earlier growth stimulus announcement from China. Britain’s Members of […]
Singapore: STI Index (.STI) could deliver attractive returns to investors Singapore’s export-driven economy is among the most vulnerable in the ongoing U.S.-China trade conflict, but major investors said its stock market could deliver attractive returns this year. “It’s very attractive and that’s one of the reasons why we’re actually overweight Singapore relative to other Asian equities,” Kelvin Tay, […]
Singapore: STI Index (.STI) investors reacted to Chinese government data Asia Pacific markets started off the trading week mostly on the back foot as China’s disappointing trade data spooked investors. Major indexes in South Korea, China, Hong Kong and Singapore tumbled Monday afternoon. The market in Japan is closed for a public holiday. Shares in Asia were lower after Chinese government data showed […]
Singapore: STI Index (.STI) vulnerable to a correction towards 3,120 Overall, the bias in prices is: Upwards. Note: this chart shows extraordinary price action to the upside. By the way, prices are vulnerable to a correction towards 3,120.01. The projected upper bound is: 3,290.82. The projected lower bound is: 3,113.67. The projected closing price is: […]
Singapore: STI Index (.STI) market settles after rallying on US-China trade hopes Asian markets were mostly lower Thursday as U.S. and Chinese officials wrapped up three days of talks in Beijing without significant breakthroughs. Japan’s Nikkei 225 index, which closed up 1.1 percent on Wednesday, retreated 1.4 percent to 20,141.93. The Kospi in South Korea […]
Singapore: STI Index (.STI) ride out any volatility in 2019 while positioning for a market recovery In a year beset by trade conflicts, weakening growth in China and Brexit uncertainties, Singapore’s Straits Times Index lost 9.8 per cent, but still outperformed the MSCI Asia ex-Japan index in 2018. Singapore stocks are poised to extend gains […]
Singapore: STI Index (.STI) markets uncertain about Sino-U.S. trade deal Asian stock markets closed mixed Tuesday, as investors watched the second day of trade negotiations between the U.S. and China. While the midlevel talks, held in Beijing, were not expected to produce a deal, there was hope that they would lead to higher-level negotiations that […]
Singapore: STI Index (.STI) marking a three-week closing high Southeast Asian stock markets rose on Monday, with Singapore marking a three-week closing high, as the start of Sino-US trade talks raised hopes that a deal would alleviate concerns about slowing global economic growth. US officials are meeting their Chinese counterparts in Beijing for trade negotiations starting later […]
Singapore: STI Index (.STI) shares rebound as Asia advances Overall, the bias in prices is: Downwards. By the way, prices are vulnerable to a correction towards 3,111.31. The projected upper bound is: 3,149.67. The projected lower bound is: 2,969.88. The projected closing price is: 3,059.77. Candlesticks A big white candle occurred. This is generally considered […]
Singapore: STI Index (.STI) 2019 is time to sell Overall, the bias in prices is: Downwards. The projected upper bound is: 3,376.64. The projected lower bound is: 2,716.55. The projected closing price is: 3,046.60. Candlesticks A black body occurred (because prices closed lower than they opened). During the past 10 bars, there have been 4 […]
Singapore: STI Index (.STI) shares rise sharply Singapore stocks opened higher on Thursday (Dec 27), with the Straits Times Index gaining 1.5 per cent or 43.68 points to 3,054.83 as at 9am, reversing the previous session’s losses. Gainers outnumbered losers 125 to 15, after 46.7 million shares worth $40.3 million changed hands. Among the most […]
Singapore: STI Index (.STI) hits near 2-month low as most Southeast Asia markets fall Most Southeast Asian stock markets fell tracking their global peers with Singapore taking the maximum hit on Wednesday (Dec 26), as continued concerns over political uncertainty in the US prompted investors to steer clear of riskier assets. Local trading volumes were largely […]
Singapore: STI Index (.STI) in line with a weaker Wall Street Singapore stocks suffered a kneejerk fall at the opening bell on Thursday morning (Dec 20) but pared losses within minutes of trading. At 9am, the Straits Times Index was down as much as 0.56 per cent or 16.98 points at 3,041.67 in line with […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold Prices Steady USD Down Crude Oil Off Asian Stocks Off Notes: The Federal Open Market Committee (FOMC) announce its interest rate stance Wednesday, the market sold off. In Asia Gold: Gold prices steadied on Thursday, after shedding half a percent in the previous session as the Fed delivered a less-dovish outlook on monetary tightening than many wanted and had […]
Singapore: STI Index (.STI) Fed’s interest-rate decision remains on top of investors’ mind The Fed’s interest-rate decision remains on top of investors’ mind. While the Fed began a two-day policy meeting Tuesday, U.S. president Donald Trump warned the central bank against making “yet another mistake” in a tweet about raising interest rates. The regional benchmark index rose a […]
Singapore: STI Index (.STI) Xi’s speech gives no hope to stock traders Xi Jinping’s speech marking the 40th anniversary of China’s reform era was one that Asia’s equity investors had their eyes on Tuesday. But his comments weren’t what they were hoping for. No new initiatives for reform measures were mentioned, and it ended up […]
Singapore: STI Index (.STI) investors remain cautious Most Southeast Asian stock markets ended lower on Monday, as investors remained cautious after the region’s biggest trading partner China posted disappointing economic data on Friday, while dismal regional data added to woes. On the upside, the Singapore benchmark index bucked the weak trend to close 1.2% higher, […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold Prices Flat to Little Changed USD Mixed/Firm Crude Oil Steady Asian Stocks Cautious Notes: We do not believe OPEC cuts will work this time around with Qatar going out and Iran refusing to cut, and there is a Big Q mark when Russia will go to its agreed production level. And US production will go on […]
Singapore: STI Index (.STI) index falls on weak China data Most Southeast Asian stock markets closed lower on Friday after a set of weak data from the region’s biggest trade partner China signalled at concerns around global economic slowdown and apprehensions over Washington and Beijing’s trade negotiations. China’s November retail sales grew at the weakest […]
$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold Prices Steady USD Mixed/Firm Crude Oil Off Asian Stocks Falling In Asia Notes: China feeling the pain, the nation’s November retail sales grew at the weakest pace since Y 2003 and industrial output rose the least in nearly 3 years as domestic demand softened further, underlining rising risks to the economy as Beijing now works to quickly […]
Singapore: STI Index (.STI) hopes of easing Sino-U.S. trade tensions Most Southeast Asian stock markets ended higher on Thursday on hopes of easing Sino-U.S. trade tensions in light of recent positive steps taken by both the countries, but the Thai index was pulled lower by weakness in energy-linked shares. The sentiment across broader Asia seemed […]
Singapore: STI Index (.STI) Investors betting on hopes that U.S.-China tensions will ease Singapore and Malaysia shares snapped a six-session losing streak Wednesday as banking stocks climbed on the back of broad Asian equities rally as investors bet that U.S.-China tensions will ease. The Straits Times Index closed up 1.3% at 3099.99 and the FBM […]
Singapore: STI Index (.STI) concerns over slowdown in the city-state’s manufacturing activity Singapore shares slid on Tuesday, one of the worst performing markets in Asia, amid concerns over slowdown in the city-state’s manufacturing activity and as doubts shrouded U.S.-China trade truce. Malaysia stocks also declined. The Straits Times Index ended 0.7% lower at 3167.79. Yangzijiang […]
Singapore: STI Index (.STI) manufacturing PMI contracts in November A Barometer of Singapore’s electronics manufacturing activity dipped into contractionary territory for the first time in more than two years in November, as US-China trade tensions and the peaking of the global semiconductor cycle weighed on sentiment. The latest electronics sector Purchasing Managers’ Index (PMI) extended […]
Singapore: STI Index (.STI) posted monthly gain amid trade worries Malaysia shares fell Friday capping quarterly earnings reporting seasons amid wild swings in commodity prices and heightened caution ahead of G-20 summit this weekend. Singapore stocks rose. The FBM KLCI ended 1% lower at 1679.86, dragging the monthly loss at 1.7%. Most sectors in Malaysia […]
Singapore: STI Index (.STI) hopes of China-US trade truce Asian markets mostly saw moderate gains yesterday, as the latest positive turn in the Trump-Xi dalliance gave stocks a mild mid-week boost. Singapore stocks ended higher with the Straits Times Index rising 4.08 points, or 0.1 per cent to 3,094.48. Gainers outnumbered losers 225 to 146, […]
Singapore: STI Index (.STI) resh threats from United States President Donald Trump to widen the scope of tariffs Local shares snapped four days of gains yesterday after fresh threats from United States President Donald Trump to widen the scope of tariffs on Chinese imports spooked investors. The cautious mood sent the Straits Times Index (STI) […]
Singapore: STI Index (.STI) upbeat on surging crude oil prices and global trade optimism The Singapore stock market has moved higher in four straight sessions, advancing almost 65 points or 2.1 percent along the way. The Straight Times Index now rests just above the 3,090-point plateau and it’s got another green light again on Tuesday. […]
Singapore: STI Index (.STI) leads SE Asia gains Singapore stocks led the gains in Southeast Asia, as investors braced for a meeting between US President Donald Trump and Chinese President Xi Jinping at the end of the week. Trump and Xi are expected to meet on the sidelines of a G20 summit in Argentina on […]
Singapore: STI Index (.STI) Set to Slide at Open Overall, the bias in prices is: Downwards. The projected upper bound is: 3,134.76. The projected lower bound is: 2,967.05. The projected closing price is: 3,050.90. Candlesticks A white body occurred (because prices closed higher than they opened). During the past 10 bars, there have been 6 […]
Singapore: STI Index (.STI) Slightly Higher Singapore stocks closed the session slightly higher on Thursday, with the Straits Times Index rising 2.73 points, or 0.1 per cent to 3,041.38. Losers outnumbered gainers 193 to 170, after about 1.22 billion shares worth S$669.8 million changed hands. The most actively traded counter was Rich Capital, which fell 12.5 per […]
Singapore: STI Index (.STI) trading sets stage for negative start A steep fall in US stocks for the second straight day on renewed global growth concerns does not bode well for domestic stocks, which stare at a gap-down opening on Wednesday. The only silver lining is the 6 per cent plunge in crude prices overnight, […]
Singapore: STI Index (.STI) Set to Open Lower Singapore shares opened lower on Tuesday morning (Nov 20), with the Straits Times Index down 32.99 points, or 1.08 per cent, to 3,032.08, after Wall Street stocks sank on Monday. At 9.04am, losers outnumbered gainers by 97 to 24, with about 39.2 million shares worth $71.7 million […]
Singapore: STI Index (.STI) Donald Trump sparked hopes that a trade dispute with China could be resolved The Straits Times Index (STI) ended 29.07 or 0.95% higher at 3,083.60. The top active stocks were DBS, which advanced 0.17%, Singtel, which grew 0.03%, UOB, which climbed 0.19%, OCBC, which rose 0.10%, and ComfortDelGro, with a 0.02% […]
Singapore: STI Index (.STI) caution over potential US-China trade deal Singapore stocks ended higher on the last trading day of the week, with the Straits Times Index gaining one per cent, or 29.07 points, to 3,083.6 on Friday’s close. The field was roughly evenly matched, with 181 gainers to 193 losers, as some 850.4 million […]
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 […]