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STI to cross 3000 boosted by long-term investors
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Macqueen
Master |
02-Jun-2016 20:14
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Should be Long Gold short oil. Please DYODD. I may be wrong
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Isolator
Supreme |
02-Jun-2016 18:38
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x 0 Alert Admin |
Long oil short gold.. Enjoy.. | ||||||||||||||||||||||||||||||||||||||||||
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WanSiTong
Supreme |
02-Jun-2016 17:46
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Straits Times Index 2,795.09 0.16% +4.55 
Volume: 1,172.4M Value: $731.1M Gainers/Losers: 191/173 Singapore shares close higher with F & B stocks in play THE main distinguishing feature of Thursday' s session was a play on food and beverage (F & B) stocks that pushed up Yeo Hiap Seng, Thai Beverage, Jumbo Group and Sino Grandness Food. Otherwise, turnover at 1.2 billion units worth S $ 731.4 million was 63 per cent lower than Tuesday' s S $ 2 billion, although the latter was admittedly inflated by window-dressing of key blue chips (or " portfolio rebalancing" ). Next week' s US Federal Open Market Committee meeting could provide a short-term trading opportunity, though observers are uncertain as to whether a rate hike would be good or bad for stocks. If the Fed raises rates, it could signal confidence in the economic recovery that then helps drive stocks. If it does not, markets could still rally as it gives risk assets a few more weeks' breathing space. With investors unsure of what the Fed might do, the Straits Times Index spent Thursday locked in a narrow range, tracking movements in several external markets, mainly the Dow futures and Hong Kong, before ending 4.55 points higher at 2,795.09, its first rise this week . Excluding warrants there were 191 rises versus 173 falls. The continued rise in shares of F & B firm Yeo Hiap Seng caught the eye, this time when it rose S $ 0.075 to S $ 1.56 on volume of 464,400. In two days, the stock has risen S $ 0.25 or 19 per cent, presumably on privatisation hopes. The company was queried on Wednesday by the Singapore Exchange (SGX) and replied that it did not know of reasons why its shares were rising. Elsewhere in the same sector, shares of seafood restaurant operator Jumbo Group stood out with a S $ 0.015 rise to S $ 0.57 and Sino Grandness surged S $ 0.065 or 9.4 per cent to S $ 0.76 on volume of 17.5 million. |
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Demostation
Supreme |
02-Jun-2016 14:20
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Expecting it soon, lol. |
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Isolator
Supreme |
02-Jun-2016 14:10
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Get ready for penny rally now... | ||||||||||||||||||||||||||||||||||||||||||
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WanSiTong
Supreme |
02-Jun-2016 11:28
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Singapore Shares Higher PMI Data May Give Cues Singapore shares are trading higher with certain commodity and banking stocks in positive territory. The market is expected to look for fresh leads from Singapore manufacturing activity data for May due later in the day. The FTSE Straits Times Index is up 0.5% at 2803.64, with gainers overtaking losers 128 to 71. " In the near term, market upside might be limited by uncertainties, while the downside is protected by cheap valuation," CMC Markets says in a note . Among the stocks, Noble Group (N21.SG) is up 5.3% at S $ 0.300 after the company recently announced changes to its top management. Commodity stocks like Wilmar International (F34.SG) are up 1.5%. Banking stocks are also outperforming the broader market, with DBS Group Holdings (D05.SG) gaining 0.6%, while Overseas Chinese Banking Corp. (O39.SG) is up 0.7%. However, Olam International (O32.SG) is down 0.83% and the company late Wednesday announced purchase of remaining 50% stake in Acacia Investments, a company with presence in edible oils refining and distribution in East Africa. |
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Demostation
Supreme |
02-Jun-2016 09:46
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OK, the whore thing is this. She tries to be fair to the husbands (players), but she thinks of making money to survive to feed her children (staff and shareholders). If you think she is good, she is good, but if you think she is horrid, she is more than horrid. This is quite a contradiction, how can one be good and also be bad? This is the bugging question, lol. Talk cock only lah as market always allows time to tcss.
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bishan22
Supreme |
02-Jun-2016 09:44
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looks like we can enjoy a morning mini huat kueh fiesta...............
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WanSiTong
Supreme |
02-Jun-2016 08:59
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Stocks to watch: Jason Holdings, Yeo Hiap Seng, Olam International THE following listed companies made material announcements before the Singapore market opened on Thursday. Jason Holdings: Troubled timber flooring specialist Jason Holdings, which is dealing with corporate governance and debt repayment issues, has released its unaudited full-year and adjusted half-year results for 2015. The firm registered a S $ 13.8 million net loss for the full year compared with a S $ 215,000 net profit in its restated 2014 results. Yeo Hiap Seng: Shares of Yeo Hiap Seng jumped more than 13 per cent on Wednesday from the previous day' s close, prompting a query from the Singapore bourse operator This comes two days after a research report stated that there were no plans to delist the food. and beverage company and that it had yet to realise its full potential. Olam International:. Agri-business group Olam International said on Wednesday that it has acquired the remaining 50 per cent stake that it does not already own in Acacia Investments from its joint venture partner for US $ 24 million The acquisition is expected to be completed this month . |
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WanSiTong
Supreme |
02-Jun-2016 07:37
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Stocks squeeze out gains consumer staples lead U.S. stocks recovered losses to close a touch higher Wednesday, the first trading day of June, helped by an intraday recovery in oil prices and better-than-expected manufacturing data. The S & P 500 closed higher but below the psychologically key 2,100 level, which it briefly topped in afternoon trade. " Crude really got us going. The ISM was a sigh of relief," said Jeremy Klein, chief market strategist at FBN Securities. U.S. crude oil futures settled down 9 cents, or 0.18 percent, at $ 49.01 a barrel after earlier falling below $ 48 a barrel. Reuters reported Wednesday that four OPEC sources said the organization will consider setting a new oil output ceiling at its meeting scheduled for Thursday. " The ISM number that came out earlier seemed to give a sight of relief to the market. However, the recovery seems to be focused on the defensive sectors," said David Schiegoleit, managing director of investments at U.S Bank Private Client Reserve. " Traders are taking a cautious tone right now ahead of the bigger releases later this week," Schiegoleit said. " I think what' s causing some of the sell-off (this morning was) questions about the strength of the U.S. economy and the global economy," said Chris Gaffney, president, EverBank World Markets. The Fed' s Beige Book released Wednesday afternoon said there was modest economic growth since the last report. The Beige Book also said tight labor markets were pushing up wages. The major economic news for the week is the jobs report, scheduled for release Friday morning. Fed Chair Janet Yellen is set to speak on June 6. She is also scheduled to testify to the Senate Banking Committee on June 21, according to an announcement on the committee website. Read more... |
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goldvision
Senior |
02-Jun-2016 02:34
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So much selling from Ang Mo houses like Citi, JP Morgan, Merrill Lynch, UBS and Credit Suisse in recent weeks. Do they know something that the retailers don't? Is something bad about to happen? | ||||||||||||||||||||||||||||||||||||||||||
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Isolator
Supreme |
01-Jun-2016 22:47
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Oh no... Gold crashing down... Market will rally again... Enjoy.., | ||||||||||||||||||||||||||||||||||||||||||
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GorgeousOng
Supreme |
01-Jun-2016 21:39
Yells: "Hehehaha...enjoy life n live to the fullest..." |
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Take time to hoot...... |
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GorgeousOng
Supreme |
01-Jun-2016 20:01
Yells: "Hehehaha...enjoy life n live to the fullest..." |
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Just beginning of summer holidays 😎 😎 😎 Can slowly eat durian cake........😋 😋 😋 |
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famouspinky
Supreme |
01-Jun-2016 17:52
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Important is quality but 1st quantity..no quantity and no quality =whore house.
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WanSiTong
Supreme |
01-Jun-2016 17:41
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Straits Times Index 2,790.54 -0.02% -0.52 
Singapore shares close weaker for third straight session THE Straits Times Index (STI) on Wednesday tracked the futures contract on the Dow Jones Industrial Average closely throughout the day. A 50-point rise in the Dow futures in the morning helped the STI move into the black, but by 5pm when the former had dropped 20 points into the red, so did the STI. A late bounce eventually helped trim the STI' s loss from seven points just before 5pm to 0.52 at 2,790.54 after the post-closing adjustments. It was the index' s third consecutive loss. Volume, which on Tuesday had jumped to almost S $ 2 billion thanks to attempts at month-end window-dressing of key blue chips like the banks, dropped sharply to one billion units worth S $ 1 billion. Excluding warrants, there were 147 rises versus 243 falls. Among the three banks, OCBC stood out with a S $ 0.05 fall to S $ 8.57 on volume of five million, while weakness in the Singapore Exchange (SGX), Global Logistic Properties and Keppel Corp also contributed towards depressing the STI. |
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Isolator
Supreme |
01-Jun-2016 17:37
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Short short gold... | ||||||||||||||||||||||||||||||||||||||||||
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Isolator
Supreme |
01-Jun-2016 17:35
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Long long oil... | ||||||||||||||||||||||||||||||||||||||||||
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WanSiTong
Supreme |
01-Jun-2016 16:37
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European stocks lower as miners, banks slide Fed, ECB, OPEC in focus European stocks traded lower on Wednesday as investors digested China' s latest purchasing managers' index (PMI) readings and look ahead to key policy events later this week. Meanwhile in Asia, markets failed to find a common thread Wednesday after mixed signals from China' s PMI data. The official PMI came in at 50.1 for May, steady with April' s level and a tick above a Reuters poll forecast for 50.0. The 50-point mark separates expansion from contraction. However, other readings of China' s manufacturing and services sectors sent a less convincing message. The Caixin / Markit manufacturing PMI index, which tracks small and medium-sized enterprises, slipped to 49.2 in May. Oil in focus ahead of OPEC Investors are also keeping an eye on oil markets after the United Arab Emirates' oil minister put pressure on prices Tuesday by saying that oil was already correcting upwards, dampening hopes of action in Vienna where OPEC members are meeting on Thursday. Oil and gas stocks were trading in negative territory. Investors were hoping for some form of quota or production cut for oil to help stabilize the market. But analysts are increasingly skeptical that OPEC can deliver this. " Do not get hung up on this meeting though - there will be no production cuts announced, let alone agreed upon, and there' s little else to be gleaned from OPEC these days in terms of indications of future pricing for oil," Accendo Markets said in a note on Wednesday. Fed, ECB in focus Another major focus for investors is when the Federal Reserve will hike US interest rates. Policymakers, including Fed Chair Janet Yellen, have not ruled out a rise in June, earlier than the market had expected. The uncertainty around the timing has weighed on investor sentiment . Prospects of a rate hike soon have also strengthened the dollar which has put pressure on metal prices. The basic resource sector was one of the worst performers on Wednesday as a result, with stocks such as Anglo American and Glencore under pressure. And the European Central Bank' s (ECB) meeting on Thursday will also be closely-watched. Investors will be looking to see if the ECB changes its inflation forecastand gives any hints about further monetary policy moves. European Indexes
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gavinl
Supreme |
01-Jun-2016 11:50
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👏 👏 👏 👏 👏 👏 . Very very well said
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