| Latest Forum Topics / Others |
 Post Reply
|
|
STI 3,000 boosted by pivot investors mkt players
|
|||||
|
teeth53
Supreme |
23-Jun-2015 08:48
Yells: "don't learn through life, learn to grow with life " |
||||
|
x 0
x 0 Alert Admin |
ASIA OPEN: Greek agreement hopes trigger huge risk rally
SYDNEY, June 23 (IFR) - Asian risk markets are set for sizable early gains following dramatic overnight rallies in eurozone equities and bonds on the back of elevated hopes for a near-term Greek debt agreement. Eurozone??assets??soared in response to EU leaders' welcoming of Greece's new reform offer, significantly increasing the prospects of a creditors' deal ahead of June 30's EUR1.6bn (USD1.81bn) IMF payment. The reform package, including higher taxes and the curtailment of early retirement, convinced EU Economics Commissioner Pierre Moscovici to predict that a way out of the Greek crisis will be found. The Athens Stock Exchange jumped 9.0%,??led by??a 20% plus leap in bank shares, while the DAX, CAC 40, FTSE Milan and Spanish IBEX surged 3.81%, 3.81%, 3.47% and 3.87%, respectively. Southern European sovereign bond gains were no less impressive as Greek 2-year and 10-year yields plunged 493bp and 119bp to 23.60% and 11.22%, respectively. As contagion fears faded Portuguese, Spanish and Italian 10-year yields fell 19bp, 16bp and 13bp to 2.84%, 2.12% and 2.16%, %, respectively. With investors flocking back into riskier assets, Bunds lost their safe-haven shine??to take??10-year German yields??11bp higher to 0.88%. The US Treasury market suffered a similar fate with 10-year yields rising 11bp to 2.37%. The risk-off tone there was exacerbated by a strong May existing home sales report that boosts the prospects of a September Fed rate hike. Sales rose 5.1% last month (4.4% expected) for the highest annualised rate in six years of 5.35m. While hardly matching the eurozone's stellar equity gains, Wall Street closed firmly in the black with the Dow Jones and S&P 500 rising 0.58% and 0.61%, respectively. The UK's FTSE 100 gained 1.72% intraday. |
||||
| Useful To Me Not Useful To Me | |||||
|
WanSiTong
Supreme |
23-Jun-2015 08:44
|
||||
|
x 0
x 0 Alert Admin |
Market Preview Singapore market seen to open higher on Greece hopesJune 23, 2015 : 7:48 AM Singapore stocks could open higher on Tuesday as hopes grew that a deal would be reached to prevent Greece from defaulting on loans. US stocks ended higher on Monday, with the Nasdaq closing at a record as hopes. The Dow Jones industrial average rose 104.53 points, or 0.58%, to 18,120.48, the S & P 500 gained 13 points, or 0.62%, to 2,122.99 and the Nasdaq Composite added 36.97 points, or 0.72%, to 5,153.97. On the homefront, the Straits Times Index rose 0.43% to 3,315.13 with 1.27 billion shares valued at $ 1.01 billion changed hands. Here are some stocks and factors that could move the market this morning: Keppel Fels, a unit of Keppel Corp , and Jurong, a unit of Sembcorp Marine , were allegedly among a group of companies that paid bribes through intermediaries to win contracts for building 21 deep-water drilling vessels that cost about US $ 800 million ($ 1.1 billion) each, according to testimony released last Friday by a Brazilian court. The contracts were awarded by Sete Brasil, a company set up by a group of Brazilian banks and Petrobras to build deep-water rigs and then lease them to the state-controlled oil producer. Keppel Corp and SembMarine closed at $ 8.41 and $ 2.88 respectively. The Ministry of Social and Family Development has appointed DBS Bank and United Overseas Bank (UOB ) as new managing agents for the Child Development Account from the second quarter of next year. DBS and UOB closed at $ 20.88 and $ 23.03 respectively. Ntegrator International has secured four contracts worth $ 8.2 million from repeat customers in Myanmar and Singapore. Ntegrator closed flat at 2.7 cents yesterday. Roxy-Pacific Holdings ' wholly-owned unit, together with several other parties, is planning to buy a piece of land in Jakarta, Indonesia, for $ 6.8 million to develop a hotel. Roxy-Pacific closed at 50 cents. |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
RoundRound
Elite |
23-Jun-2015 08:11
Yells: "Tikam Tikam can also" |
||||
|
x 0
x 0 Alert Admin |
EU leaders are reviewing the revised offer from Greece, it will take a few days & likely to find a settlement by end of this week.
Doubt EU will allow Greece to be rescued by Russia and become a thorn in the Eurozone. And with Russia also having its own challenges over sanctions by the Western powers now so tough for Greece not to bent in to EU's demands.
|
||||
| Useful To Me Not Useful To Me | |||||
|
teeth53
Supreme |
23-Jun-2015 07:59
Yells: "don't learn through life, learn to grow with life " |
||||
|
x 0
x 0 Alert Admin |
No deal from Grexit, said EU financial chief. Grexit: Greece prepares for ' difficult day' if ...http://www.smh.com.au/world/grexit-greece-prepares-for-difficult-day-if-deal-not-struck-20150622-ghuidm.html
Greek banks &ndash and their customers &ndash should brace for a " difficult day" on Tuesday if the Athens government does not reach a deal with its ...
|
||||
| Useful To Me Not Useful To Me | |||||
|
Composure
Senior |
23-Jun-2015 07:00
|
||||
|
x 0
x 0 Alert Admin |
Tsipras struck a very cooperative tone in the summit and promised to work further on the proposals to ensure a deal this week. Juncker said he had proposed a 35 billion euro programme for growth-enhancing measures in Greece up to 2020. http://www.dailymail.co.uk/wires/reuters/article-3134336/Mood-brightens-latest-Greek-offer-creditors.html
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
teeth53
Supreme |
22-Jun-2015 22:21
Yells: "don't learn through life, learn to grow with life " |
||||
|
x 0
x 0 Alert Admin |
Europe gave a cautious welcome Monday to new Greek proposals aimed at ending a damaging standoff that threatens the country' s future in the euro.Greece urgently needs more money from EU or it will most likely miss a payment to the Int' l Monetary Fund due next week, setting it on an unpredictable path that could lead out of eurozone. Finance officials met in Brussels to review the latest submission from the Greek govt, ahead of a summit of eurozone leaders including German Chancellor Angela Merkel later on Monday. Jeroen Dijsselbloem, who chaired the meeting of finance ministers, said at first glance the proposals to reform the Greek economy and close a budget gap were " broad and comprehensive" but needed a much more detailed assessment. |
||||
| Useful To Me Not Useful To Me | |||||
|
yoyoyoyo
Veteran |
19-Jun-2015 08:55
|
||||
|
x 0
x 0 Alert Admin |
" Regrettably ... too little progress has been made. No agreement is in sight," Jeroen Dijsselbloem, chairman of the Eurogroup, told a news conference. Ministers sent a strong signal that it is up to Greece to make new proposals, he said. Greeks are the Kings now... They call the shot... lol |
||||
| Useful To Me Not Useful To Me | |||||
|
teeth53
Supreme |
19-Jun-2015 07:31
Yells: "don't learn through life, learn to grow with life " |
||||
|
x 0
x 0 Alert Admin |
http://money.cnn.com/data/markets/ Dow hit +180.10 pts or 1.00% to 18,115.84 and Nasdaq hit +68.07 or 1.34%, new high to 5,132.95 |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
teeth53
Supreme |
17-Jun-2015 20:28
Yells: "don't learn through life, learn to grow with life " |
||||
|
x 0
x 0 Alert Admin |
All eyes on Yellen n Greek, as Greek central bank issues ' Grexit' warning if aid talks fail?. U.S. stk index futures inched up on Wed, then investors remained cautious ahead of a Federal Reserve statement that could provide hints on the timing of a rate hike. * Caution reigns as Fed n Greek uncertainty rumble on Investors in most asset classes traded cautiously on Wednesday as they waited for a signal from Feb on its 1st rate hike n whether?, will EU would pull another Greek rabbit out of its hat?. * Greek central bank warned that the country would be put on a " painful course" towards default and exiting EU zone if the govt and its international creditors failed to reach an agreement on an aid-for-reforms deal. |
||||
| Useful To Me Not Useful To Me | |||||
|
risktaker
Supreme |
16-Jun-2015 22:54
Yells: "Posts are opinions. Do not take it as investment advise " |
||||
|
x 0
x 0 Alert Admin |
long the US market tio bo.... huat ah..... in the afternoon -80...bo daji one.... bull coming and deal closing... fed pushing rate increase to 2016.. | ||||
| Useful To Me Not Useful To Me | |||||
|
teeth53
Supreme |
16-Jun-2015 22:22
Yells: "don't learn through life, learn to grow with life " |
||||
|
x 0
x 0 Alert Admin |
:))
|
||||
| Useful To Me Not Useful To Me | |||||
|
Demostation
Supreme |
09-Jun-2015 09:02
|
||||
|
x 0
x 0 Alert Admin |
Most and probably every one in the market have understood or even felt the pathetic state of the SGX, and begging for change. When bad policies are rooted, it can only change when the whole regulatory framework is uprooted but I doubt we can do it, unless we say leave the SGxchange, and we have another exchange with its own regulations. Then migrate the stock counters over to new exchange. I feel that only and only this way will we have a totally new image exchange that will be respected and pulling in real investments and not virtual betting with all funds shorting our stocks as it is that they are now doing.
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
teeth53
Supreme |
09-Jun-2015 08:43
Yells: "don't learn through life, learn to grow with life " |
||||
|
x 0
x 0 Alert Admin |
Singapore Exchange Ltd (SGX) appointed veteran banker Loh Boon Chye as its chief executive (CEO) to lead a revival after it was hit by falling trading volume and technical glitches.
Mr Loh, 51, quit as head of Asia-Pacific global mkts at Bank of America Merrill Lynch in March. He succeeds outgoing CEO Magnus Bocker, who is leaving after five and a half years at SGX. Mr Loh, a director of SGX from 2004 to 2012 and had been widely tipped by local media to get the job. He will start in the role on July 14. "He's a very impressive individual. It's obviously a challenge for all the reasons we know but if anyone can do it, he can," Mr Hugh Young. While S'pore is leading venue in Asia for foreign exchange trading and has seen strong growth as a derivatives centre, the average value of shares traded on its stock exchange is less than that of Thailand's and trails far behind rivals in HK & Tokyo. Hong Kong, in particular, is attracting interest from global funds after it launched a landmark trading link with Shanghai in November. "Boon Chye is no stranger to SGX and his knowledge and extensive experience in capital markets equip him well to take SGX forward," Mr Chew Choon Seng, SGX's chairman said. More than 40% of listed companies in S'pore and 90% of listed bonds originate outside of S'pore. Known for his close ties with the financial institutions of his home country, S'pore, Loh began his career as an investment officer at the Monetary Authority of S'pore in 1989. He also worked at Deutsche Bank in S'pore for 17 years. Share trading in S'pore was hit by a penny stock crash in late 2013, prompting a slew of initiatives to boost liquidity. SGX then suffered two technical glitches late last year that halted stock trading and drew criticism from the central bank. "I think it's good that the appointment is of a local who is in touch with the S'pore scene and will be able to design what is needed by the S'pore stock mkt," said Mr Jimmy Ho, president of the Society of Remisiers that representing stock dealers and brokers. Mr Bocker, who came to SGX with the experience of merging seven Nordic bourses, launched an audacious US$8.3 billion takeover bid for Australian exchange operator ASX Ltd in 2010. But this was blocked by the Australian government. REUTERS |
||||
| Useful To Me Not Useful To Me | |||||
|
Qanghoo
Supreme |
08-Jun-2015 12:33
|
||||
|
x 0
x 0 Alert Admin |
Since when have we not barked up the wrong tree? Here we are world no 1 in one thing for sure. We are the world no 1 braggers. We keep bragging that we' re a global financial centre, world top 10 in so many things. Yet, the meek STI, poor thing, will more often than not kowtow to HSI. Every day, when mkt opens the first word is " sell" . People say buy on weakness, here we sell (short) on weakness. So, mkt gets weaker n weaker every day. Then when chng kays are happy that px is low enough they start to shout ' undervalue' n then u see so many stocks pumped up. That' s the only time retailers can just tompang. Other times, many retailers keep losing $$$.
|
||||
| Useful To Me Not Useful To Me | |||||
|
Demostation
Supreme |
08-Jun-2015 11:30
|
||||
|
x 0
x 0 Alert Admin |
To bring the SGX back to sanity, like what we have in the past, we should go backward and look at better things and try not to improve what is not necessary. While we like to be innovative, we should not bogged down by the zeal to change everything good for the presumed better. When the change is not bring positivity, we need to unchange it. Lol. We must understand that sometimes going in the wrong direction forward is worst than maintaining a past status quo, or even a backward one if that has served well. |
||||
| Useful To Me Not Useful To Me | |||||
|
teeth53
Supreme |
07-Jun-2015 10:51
Yells: "don't learn through life, learn to grow with life " |
||||
|
x 0
x 0 Alert Admin |
http://www.moneynews.com/MKTNewsIntl/stock-market-crash-warren-buffett-indicator/2014/10/03/id/598461/?dkt_nbr=ufos34vz& utm_source=taboola& utm_medium=referral It a scenerio, SGX is why is such a fix as why it won' t go crashing as some, if not many in the month of MAY. " Sell in May n Go Away" . This is only mean for U.S. Consumers n players (old sytem), and even having a " Crash Alert System" Even Warren Buffett believe in it, there' s a chance of 50% crash and prepare for it. To me it is as good not forcasting....there' s a chance and take your chances to hit n run. Believe in me. It won' t work this day in a fast computerised n digitised network system. |
||||
| Useful To Me Not Useful To Me | |||||
|
teeth53
Supreme |
06-Jun-2015 12:42
Yells: "don't learn through life, learn to grow with life " |
||||
|
x 0
x 0 Alert Admin |
From 15th June. As a SGX new Chief Regulatory Officer (CRO). Will Mr Tan Boon Gin take a hawk eye view?, as many ppl' s deem SGX-Exch is oredi nick as shortist haven. Everyone know or knew SGX stocks will be cheaper, cheaper and even getting into nobody will buy situation. Just this alone, eventually will lead to becoming a Shortists haven and a dollar stk becoming a 10 cents stk.
|
||||
| Useful To Me Not Useful To Me | |||||
|
risktaker
Supreme |
05-Jun-2015 22:42
Yells: "Posts are opinions. Do not take it as investment advise " |
||||
|
x 0
x 0 Alert Admin |
US positive... huat ah.. | ||||
| Useful To Me Not Useful To Me | |||||
|
teeth53
Supreme |
05-Jun-2015 22:30
Yells: "don't learn through life, learn to grow with life " |
||||
|
x 0
x 0 Alert Admin |
Two names pop up in my mind. This are just only my own idea. nothing is...ONLY a wild guess. Hsien Yang Lee M.Sc, BA and Kok Song Ng
|
||||
| Useful To Me Not Useful To Me | |||||
|
teeth53
Supreme |
05-Jun-2015 22:26
Yells: "don't learn through life, learn to grow with life " |
||||
|
x 0
x 0 Alert Admin |
http://www.bloomberg.com/research/stocks/people/board.asp?ticker=SGX:SP Can find some names here with alot of experience running SGX-Exchange. |
||||
| Useful To Me Not Useful To Me | |||||