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STI to cross 3000 boosted by long-term investors
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WanSiTong
Supreme |
25-Apr-2016 08:30
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Stocks to watch: Raffles Medical Group, Cache Logistics Trust, Boustead The following stocks had announcements or developments that could affect trading activity on Monday. Raffles Medical Group: Raffles Medical Group' s net profit for the first quarter ended March 31, 2016, rose 3.7 per cent to S $ 15.53 million Revenue increased 23 per cent to S $ 116.86 million, thanks to strong performances from its healthcare services (up 36.3 per. cent) and hospital services (up 15.2 per cent) division. This, however, was offset by higher staff costs, inventories and consumables used, as well as operating lease and other operating expenses. Cache Logistics Trust: Cache Logistics Trust posted a distribution per unit (DPU) of 2.039 Singapore cents for the first quarter ended March, down 5 per cent from a year ago Distributable income was S $ 18.2 million, up 8.6 per cent year-on-. year. The dip in DPU was primarily due to an enlarged units base. Boustead: The Singapore High Court has dismissed an appeal by a Bahrain bank, Arab Banking Corporation, against engineering firm Boustead Singapore Arab Bank' s appeal was regarding an US $ 18.8 million dispute between it and Boustead that lasted four years Boustead said the court' s decision " .. finally and conclusively discharges the company' s liability to Arab Bank under the facility agreements " . |
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WanSiTong
Supreme |
25-Apr-2016 08:14
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Asia stocks set for mixed open after eking out gains last week Futures pointed to a mixed open for Asian markets on Monday, after major local indexes eked out weekly gains last week.Major indexes in the U.S. closed mixed Friday. Nikkei futures in Chicago were down 0.08 percent at 17,785 while Osaka futures were up 0.91 percent at 17,730. The Japanese benchmark index ended at 17,572.49 on Friday, on the back of a relatively weaker yen, posting gains in four of the last five sessions. The Australian ASX 200 gained 1.53 percent for the week, boosted by higher commodity prices, while the Nikkei 225 added 4.3 percent on the back of a relatively weaker yen. Markets in Australia and New Zealand are closed for ANZAC day public holiday on Monday. On tap later this week will be the Bank of Japan' s monetary policy decision, with half the analysts polled by Reuters expecting further easing at the upcoming meeting. |
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WanSiTong
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23-Apr-2016 06:55
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Dow holds 18K despite Microsoft' s worst day in a year U.S. stocks closed mixed Friday after disappointing quarterly reports from Microsoft and Alphabet slammed tech stocks, while a surge in oil prices lifted energy shares. " Part of it may just be the market is taking a breather off the rally we had at the beginning of April because the moves lower are on low volume and it does not feel panicky," said Lance Humphrey, portfolio manager at USAA Asset Management . The Dow closed higher, above the psychologically key 18,000 level with Travelers recovering from Thursday' s plunge to contribute the most to gains. Microsoft contributed the most to declines. US crude oil futures settled up 55 cents, or 1.27 percent, at $ 43.73 a barrel, for its third-straight week of gains. The weekly oil rig count showed a decline of 8 to 343, down 360 rigs from the same period last year, according to Baker Hughes. &lsaquo
Overseas, European stocks closed lower, but held weekly gains of nearly 1.7 percent or more. The DAX outperformed with a 3.2 percent gain for the week. Asian stocks closed mixed, with the Hang Seng falling about 0.7 percent. The Shanghai composite closed up about 0.2 percent but down more than 3.8 percent for the week, its worst since the one ended Jan. 29. The Nikkei 225 closed up 1.2 percent on the day and up 4.3 percent for the week, its second-straight weekly gain. A late-afternoon Bloomberg report that the Bank of Japan may consider applying negative rates to its lending program for financial institutions helped stocks rise and weaken the yen against the US dollar. Read more....L i n k |
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ecekca
Elite |
23-Apr-2016 00:18
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u pro china?
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WanSiTong
Supreme |
22-Apr-2016 17:39
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Straits Times Index 2,940.43 -0.69% -20.35 
Singapore shares close lower on Friday AN unanticipated drop on Wall Street on Thursday brought a halt to the Straits Times Index' s upward march with the index losing 20.35 points at 2,940.43 on Friday after three consecutive rises. The net result was still positive though with the STI recording a gain of 17 points or 0.6 per cent for the week, albeit in mediocre volume. Oil prices have played a significant role in determining stock market performance this year and so it was again the case this week when equities came under pressure on Monday after news that talks in Doha among major oil producing countries last weekend failed to reach agreement on limiting supplies . Although oil prices rebounded on Tuesday and Wednesday, a fall on Thursday brought the sellers out on Wall Street. Here, oil related stocks have been volatile, though the index has been moved mainly by the banks and Singtel. |
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WanSiTong
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22-Apr-2016 16:24
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Hong Kong shares end lower, Shanghai rises APR 22, 2016 4:18 PM [HONG KONG] Hong Kong stocks sank Friday as profit-takers moved in following recent gains, while traders also tracked losses on Wall Street on Thursday. Dow future up 10 points. |
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WanSiTong
Supreme |
22-Apr-2016 16:17
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Asian Indexes
 Tokyo: Stocks rise for fourth day on BOJ report APR 22, 2016 2:21 PM [TOKYO] Tokyo stocks rose for a fourth straight session Friday as financial shares rallied on news that the Bank of Japan may supply relief to banks hit by its shock negative-rate policy. China: Stocks post biggest weekly loss in 3 months APR 22, 2016 3:34 PM [SHANGHAI] China stocks edged up on Friday, as strength in consumer and tech shares offset a slump in resources plays, but major indexes posted their biggest weekly decline in three months. Reversing initial losses, the blue-chip CSI300 index rose 0.5 per cent, to 3,174.90 at the end of the session, while the Shanghai Composite Index gained 0.2 per cent, to 2,959.24 points. For the week, CSI300 fell 3 per cent, while SSEC lost 3.9 per cent, the worst weekly performance since late January. China' s stock market has become increasingly volatile in recent weeks as a seven-week rebound loses steam. An index tracking the resources sector slumped 2.7 per cent on Friday, as shares of steelmakers, gold miners and copper producers tumbled. The sell-off in the sector was triggered by regulators' move to cool frenzied commodities trading recently, with China' s three futures exchanges announcing late on Thursday that they would increase transaction fees. |
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Isolator
Supreme |
22-Apr-2016 09:36
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Long oil China related and enjoy... | |||||||||||||||||||||||||||||||||||||||||||||||||
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WanSiTong
Supreme |
22-Apr-2016 08:54
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Tokyo stocks opened lower on Friday as traders banked profits, snapping a three-day rally following a retreat in oil prices. Oil Prices Rise Higher on Declining Non-OPEC Production Oil prices nudge higher as the market looks beyond the rising global surplus and focuses on the downtrend in non-OPEC production, says an Australia-based energy analyst. " The weaker dollar is also giving some support," she says, adding the still-robust appetite from China for commodities and the strong US job report is stoking more risk-taking sentiment. She adds the latest reports that OPEC may resume the discussion on a production freeze at its June meeting is mostly met with skepticism by the market after the failed attempt to forge a consensus last Sunday. Nymex is up 42 cents at $ 43.60 a barrel, Brent gains 41 cents at $ 44.94 a barrel. Asian Indexes
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WanSiTong
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22-Apr-2016 08:27
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Stocks To Watch....L i n k Frasers Centrepoint Trust, IHH Healthcare, Guocoland, YuuZoo, Wee Hur, Pteris Global, Suntec REIT |
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bishan22
Supreme |
22-Apr-2016 08:01
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Its Friday.... with dow in red........sti will take a breather...dont kan cheong spider and enjoy the weekend... |
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WanSiTong
Supreme |
22-Apr-2016 07:37
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Stocks close lower, with Dow below 18K telecoms weigh Wall Street suffered its first loss in four sessions on Thursday after a mixed bag of quarterly reports and a warning by Verizon Communications that a strike by workers would likely impact its bottom line. U.S. crude oil futures settled down $1, or 2.26 percent, at $43.18 a barrel, pressured by some strength in the dollar and the disappointing Philly Fed read. Read more |
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WanSiTong
Supreme |
21-Apr-2016 17:38
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Straits Times Index 2,960.78 0.37% +10.83 
Singapore shares close higher in line with rise in Dow futures THE Straits Times Index (STI) on Thursday enjoyed its now-customary lift from the Dow futures, the latter' s 20-point rise enabling the STI to gain 10.83 points at 2,960.78. Banks had a mixed outing -. DBS and UOB closed lower while OCBC rose Morgan Stanley (MS) in an April 21 report on Singapore banks, titled " A Lost Decade for Dividends ' ' , said Singapore banks now have benefited from a sentiment rally from a rising oil price but offer limited upside. " The recent recovery in commodity prices, especially the oil price, has eased some credit quality fears. However, Singapore GDP growth remains slow, concerns over the outlook for China remain, and even though the oil price has recovered, this has partly happened because of cuts in capacity, Singapore' s O & G (oil and gas) support services sector will therefore remain weak, " said MS. |
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1oopls
Master |
21-Apr-2016 17:05
Yells: "I love my evil cute cute darling" |
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Reaching 3000 soon. Thanks Tat Hong, Genting Sing and Vard today |
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famouspinky
Supreme |
21-Apr-2016 17:04
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Where's my luncheon
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Isolator
Supreme |
21-Apr-2016 16:49
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Long Cosco ipco Magnus blumont kepcorp cedar etc... | |||||||||||||||||||||||||||||||||||||||||||||||||
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WanSiTong
Supreme |
21-Apr-2016 16:47
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Dow future up 43 |
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famouspinky
Supreme |
21-Apr-2016 16:40
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WanSiTong
Supreme |
21-Apr-2016 16:20
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Asian Indexes
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WanSiTong
Supreme |
21-Apr-2016 16:13
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Asia higher Nikkei leads gains across the board, Shanghai reverses early losses Major Asian markets advanced on Thursday morning, taking cues from overnight gains in U.S. equities that followed a rise in oil prices, while Chinese stocks also reversed early losses. Australia' s ASX 200 was up 1.16 percent, led by a gain of 4.95 percent in the energy sub-index. Japan' s Nikkei 225 added 2.64 percent, extending gains from the previous two sessions on the back of a relatively weaker yen. Across the Korean Strait, the Kospi climbed 0.62 percent. In Hong Kong, the Hang Seng index was up 1.66 percent. Chinese markets were initially lower after market open, but since reversed losses. The Shanghai composite was up 0.42 percent, after falling as much as 4 percent at one point in the previous session. The Shenzhen composite added 0.61 percent. Major Asian markets advanced on Thursday morning, taking cues from overnight gains in U.S. equities that followed a rise in oil prices, while Chinese stocks also reversed early losses. Chinese markets were initially lower after market open, but since reversed losses. The Shanghai composite was down 0.66 percent, after falling as much as 4 percent at one point in the previous session. Asian Indexes
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