| Latest Forum Topics / Straits Times Index |
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STI to cross 3000 boosted by long-term investors
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WanSiTong
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19-May-2016 10:05
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Singapore Stocks Shudder at Possibility of US Interest Rate Rise The FTSE Straits Times Index falls another 0.9% to 2751.93 early Thursday, moving in line with many other Asian markets after the U.S. Federal Reserve hinted that a June interest-rate increase remains a possibility. Hawkish commentary, which helped U.S. stocks, has in the past put pressure on Asian markets. In Singapore, Global Logistic Properties (MC0.SG) leads declines with a 2.9% loss, following its quarterly results announcement, while Yoma Strategic (Z59.SG) gains 1% on its own earnings. Among other movers are Thai Beverage (Y92. SG) and Ascendas REIT (A17U.SG), down 2.8% and 2.2%, respectively, while banks - which could benefit from rate increases -. post slight gains DBS (D05.SG) is up 0.5% and Oversea-Chinese Banking Corp (O39.SG) gains 0.8%. |
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Isolator
Supreme |
19-May-2016 09:16
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Long oil China and related... | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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WanSiTong
Supreme |
19-May-2016 08:45
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Stocks To Watch.......L i n k  GLP, Yoma, Tung Lok, Stamford Land   |
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WanSiTong
Supreme |
19-May-2016 08:30
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Asian Indexes
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WanSiTong
Supreme |
19-May-2016 08:17
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Asia markets set for rocky trade as Fed hike looks imminent The Federal Reserve' s April minutes upped the prospect of an interest rate hike, sending the dollar higher in U.S. trade, and that may make for a volatile day for Asia markets on Thursday. " Markets are playing catch up to communications from the U.S. Federal Reserve as they appear to have dramatically under-priced the likelihood of a rate rise over the coming months," noted Angus Nicholson, a market analyst at IG, in a note Thursday. Japan' s shares may benefit as the stronger dollar helped to push down the persistently stronger yen, which has been dampening earnings for the country' s exporters. CME Nikkei Futures were trading at 16,770 and Osaka futures were at 16,730, both above the 16,644.69 close Wednesday. " The sharp rally in the U.S. dollar may make for a difficult day in the materials and energy space," noted Nicholson. The minutes of the Federal Open Market Committee' s April meeting, released Wednesday in the U.S., were remarkably direct about the central bank' s intentions on interest rates. " Most participants judged that if incoming data were consistent with economic growth picking up in the second quarter, labor market conditions continuing to strengthen, and inflation making progress toward the Committee' s 2 percent objective, then it likely would be appropriate for the Committee to increase the target range for the federal funds rate in June, " the minutes said. That pushed up the greenback, with the dollar index, which measures the dollar against a basket of currencies, trading at levels above 95 in the U.S. session for the first time in about a month. Financial shares may be in focus around the region as higher interest rates may spur better earnings in the sector.   |
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WanSiTong
Supreme |
19-May-2016 07:27
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  Stocks close off highs after Fed minutes financials gain more than 1.5% U.S. stocks closed off session highs Wednesday, with the Dow and S & P little changed after the Federal Reserve' s April meeting minutes said a June rate hike was likely if the data improves. (Tweet This) " I think this is a short-term, kneejerk reaction. When you look at what the Fed is saying, they' re saying the economy is in pretty good shape," said Brad McMillan, chief investment officer at Commonwealth Financial. Financials climbed nearly 1.9 percent to lead three S & P 500 advancers, while utilities was the greatest laggard. Goldman Sachs and JPMorgan Chase contributed the most to gains in the Dow Jones industrial average, while Wal-Mart had the greatest negative impact. The stock fell 3 percent ahead of its earnings due Thursday morning. " The hawkish tone of today' s minutes can be interpreted as more ... comforting out of the FOMC that either economic data is benign or getting better," said Jerry Villella, global investment specialist in Dallas for JPMorgan Private Bank. The Federal Open Market Committee' s April meeting minutes said, " Most participants judged that if incoming data were consistent with economic growth picking up in the second quarter, labor market conditions continuing to strengthen, and inflation making progress toward the Committee' s 2 percent objective, then it likely would be appropriate for the Committee to increase the target range for the federal funds rate in June. " The minutes also said, " some participants noted that global financial markets could be sensitive to the upcoming British referendum on membership in the European Union or to unanticipated developments associated with China' s management of its exchange rate." " We still think there' s likely to be two more hikes by year end," Villella said. " It looks like the probably of an ' out' vote in the UK, those odds are dropping. The lower those odds get you' d think it would make the Fed more comfortable moving in June versus July. " After the Fed minutes' release, Fed funds futures were signaling a 27 percent chance of a June rate hike, versus 16 percent in the morning and 4 percent last week, according to RBS. Read More.......       Rate hike odds spike across the board after Fed minutes " I think (Fed officials) are progressing to the point where action is not only tolerated by the market but encouraged by the market," said Alan Rechtschaffen, financial advisor and senior vice president at UBS Wealth Management Americas. " All things being equal if there are no surprises I think June is definitely on the table. ... Whether or not they will do it in June depends on their communication," he said. " Today' s comments could lead to increased volatility in financial markets over the next several weeks as investors adjust their portfolios and react to incoming economic data," Michael Sheldon, chief investment officer at Northstar Wealth Partners, said in an email. He noted a June hike " is certainly not a sure thing but the odds appear to be growing." U.S. crude oil futures settled down 12 cents at $ 48.19 a barrel. Earlier, oil traded higher after the EIA' s weekly inventory data showed a 1.3 million barrel build in crude, while other fuel stockpiles declined. Bruce Bittles, chief investment strategist at R.W. Baird attributed much of the morning gains to stocks being " a touch oversold. They' ve been down three weeks in a row. The pessimism has mushroomed a little bit." " I think the markets would like to see the economy better because if profits are the problem (we need economic growth)," he said. European stocks closed more than half a percent higher, with bank stocks outperforming. Read more ....   |
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WanSiTong
Supreme |
18-May-2016 18:16
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Straits Times Index 2,777.11     -0.14%     -4.00
 
Singapore shares close lower but off their intraday floors TUESDAY' S short-covering bounce proved short-lived as the downtrend resumed on Wednesday with the Straits Times Index (STI) dropping four points to 2,777.11. Penny stocks which exploded into life last week and on Monday continued to flounder, led by recent outperfomer ISR Capital which plunged S $ 0.018 or 20.7 per cent to S $ 0.069 on volume of 22.6 million. Turnover amounted to 1.9 billion units worth S $ 1.06 billion, of which S $ 787 million or 74 per cent was generated by trading in the 30 index members.  A steep fall in Hong Kong and a weak session for the Dow futures were cited as the main factors to short the market The latter was more influential in directing movements here -. After a fall of more than 30 points, it stood only three points in the red at 5 pm, enabling the STI to climb 18 points off its intraday floor of 2,759 as traders bet on Wall Street rising on Wednesday.   |
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risktaker
Supreme |
18-May-2016 16:33
Yells: "Posts are opinions. Do not take it as investment advise " |
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Its all planned...let them have a wild guess.. then actual mins will be bullish.... they have been doing all these years....
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WanSiTong
Supreme |
18-May-2016 16:30
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Wall street futures flat now.   |
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WanSiTong
Supreme |
18-May-2016 16:12
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Most Asia markets lose ground, with Nikkei ending tad down after topsy-turvy trade Most Asian markets retreated Wednesday as traders moved their chips amid concerns the U.S. Federal Reserve may hike interest rates soon, with Japan' s shares ending a tad down after topsy-turvy trade. The Federal Open Market Committee is scheduled to release its April meeting minutes at 2 p.m. ET Wednesday and many analysts are concerned the minutes could be more hawkish than the statement that followed April' s meeting. That concern got some juice from comments by San Francisco Fed President John Williams and Atlanta Fed President Dennis Lockhart, who said the Fed could still raise rates two or three times this year, according to a Reuters report. The benchmark Nikkei 225 index spent the session like a cat at a door, unwilling to decide if she wanted to stay in or out, before ending up flopped in the doorway, with the indicator ending down just 0.05 percent, or 8.11 points, at 16,644.69 , after oscillating between positive and negative. U.S. crude oil futures rose 0.06 percent to $ 48.34 a barrel in Asia trade at 3:07 p.m. SIN / HK time after settling up 1.2 percent at its highest since October in the U.S. session. Brent added 0.14 percent to $ 49.35. In Singapore, Noble shares dropped 6.06 percent by 3:08 pm SIN / HK time after Fitch downgraded its rating to BB + from BBB-, saying the company' s shift toward shorter term financing will lead to a weakening debt maturity profile that is not consistent with an investment grade rating. Read more ....   Asian Indexes
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FATABA
Supreme |
18-May-2016 15:23
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If all the ANGmoh are accumulating .....means cld be expecting NO hike . Last few days .....seem they are accumulated/  good we share data for those who sell their stocks. Thanks |
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rotijai
Supreme |
18-May-2016 15:06
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this is a little bit funny... all the ang mos buying from me.. but the price is going down.. weird.. anyway, i am out, just holding a few very long term (got stuck) counters.. yawns |
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Isolator
Supreme |
18-May-2016 14:38
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Long oil.... Going. Above 60 soon | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Isolator
Supreme |
18-May-2016 14:34
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Long blumont cedar ipco Magnus Cosco now.... Enjoy.. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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goldvision
Senior |
18-May-2016 14:03
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Run before it's too late... | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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WanSiTong
Supreme |
18-May-2016 10:25
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One Belt, One Road but No Shenzhen Connect in Zhang Speech A highly anticipated speech by Zhang Dejiang, the Chinese Communist Party' s third-highest-ranking official, in Hong Kong sent stocks on the mainland down sharply Wednesday morning. Local media had speculated in recent weeks that Zhang would make mention of an expected trading link between Shenzhen and Hong Kong. This link, similar to one between Shanghai and Hong Kong that launched in 2014, was expected to at least help generate some excitement in the chinese market, which has languished this year. But Zhang' s speech focused on the " Belt and Road" initiative, as had previously been planned. He made no mention of a new trading link. Stocks in Shenzhen fell through the morning, and are now off 1.3%. Shares are down 1.1% in Hong Kong. Those two markets led losses in the region. And, shares of Hong Kong Exchanges & Clearing (0388.HK), the Hong Kong stock exchange' s operator, were down 0.8%. That stock had rallied in recent sessions.   |
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WanSiTong
Supreme |
18-May-2016 10:19
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Asia markets Asia markets opened lower Wednesday, with Japan' s shares wavering as traders struggled to interpret data showing the country' s economic growth beat expectations. The benchmark Nikkei 225 index was up 0.62 percent, continuing to weave between positive and negative territories as traders were likely weighing whether the good news from the data was good or bad news for markets. The yen, which initially also wavered in reaction to the data, signaled market displeasure, with the Japanese currency strengthening to as low as 108.70 against the US dollar, compared with around 109.09 prior, before the pair rose again to 109.04 at 9:38 am SIN / HK time. Japan' s gross domestic product (GDP) for the January-to-March period grew faster than expected, with real GDP rising 0.4 percent on quarter compared with a Reuters poll forecast for 0.1 percent growth. Annualized GDP for the period grew 1.7 percent, compared with expectations from a Reuters poll for 0.2 percent growth. The market had expected that a poor reading would spur additional easing measures from the Bank of Japan - in other words, that bad news would have been good news for traders. U.S. crude oil futures settled up 59 cents, or 1.2 percent, at $ 48.31 a barrel, its highest since October. Brent settled above $ 49 a barrel.   |
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WanSiTong
Supreme |
18-May-2016 09:59
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Nikkei turns green  |
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risktaker
Supreme |
18-May-2016 09:53
Yells: "Posts are opinions. Do not take it as investment advise " |
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Singapore is green.... surprise? Haha it will be greener soon... good luck | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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risktaker
Supreme |
18-May-2016 09:20
Yells: "Posts are opinions. Do not take it as investment advise " |
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Maybe i figure out something :) "naaaaa maybe i will be wrong again... i am always wrong one"
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