Back

Latest Forum Topics / Straits Times Index

Post Reply

STI to cross 3000 boosted by long-term investors Post Reply Rate topic
newbie24 Veteran	19-Jan-2016 16:14        newbie24 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Personally find it logical for the blue chips to recover first, after all, they were the ones who were whacked so badly and experienced an unjustified fall.In terms of potential of rushing up, blue chips are still better. Qanghoo      ( Date: 19-Jan-2016 16:07) Posted: Up 30+ pts.  But wld it last?  With STI, we always need to be wary - go ahead 1 step, gostan three steps, go to longkang for ages.  A lot of the pennies are not even moving, unless they are the favourite plays of the moment.  So, bks are predictably up, which is only to be expected.  N, of course, all the worries abt who owe how many hundred mil n need to write off are events of yesterday .... n maybe tmr or day after when the selling starts again. Siwomp      ( Date: 19-Jan-2016 15:36) Posted: Sweet!.....Huat Lieow
Useful To Me  Not Useful To Me
Qanghoo Supreme	19-Jan-2016 16:07        Qanghoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	Up 30+ pts.  But wld it last?  With STI, we always need to be wary - go ahead 1 step, gostan three steps, go to longkang for ages.  A lot of the pennies are not even moving, unless they are the favourite plays of the moment.  So, bks are predictably up, which is only to be expected.  N, of course, all the worries abt who owe how many hundred mil n need to write off are events of yesterday .... n maybe tmr or day after when the selling starts again. Siwomp      ( Date: 19-Jan-2016 15:36) Posted: Sweet!.....Huat Lieow! Siwomp      ( Date: 19-Jan-2016 11:44) Posted: Play Theme on track...... Huat Ah! Reversal this week.....imho, dyod
Useful To Me  Not Useful To Me
WanSiTong Supreme	19-Jan-2016 16:06        WanSiTong About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Asian Shares Rally after China Reports Last Year' s GDP Growth at 6.9% - 7th Update 19 January 2016 15:59 China' s stock markets staged a broad rally Tuesday, despite the world' s second-largest economy posting its weakest annual growth rate in a quarter century. The 6.9% GDP growth rate for last year came as a bit of comfort to investors - who had feared worse and now hope the government will ramp up stimulus. The Shanghai Composite Index closed up 3.2% -. Recording its first back-to-back session increases this year, with gains picking up in the afternoon Worries about slowing China growth, mixed policy signals from authorities, and a drop in global oil prices contributed to the country' s largest stock index falling last Friday into a bear market, defined as a drop of 20% or more from a recent high. Meanwhile, the smaller Shenzhen Composite Index was up 3.6% on Tuesday, while the Nasdaq-style ChiNext Composite Index also climbed 3.6%. Elsewhere in the region, markets also ended ahead, with Japan' s Nikkei Stock Average up 0.6% and Australia' s S & P / ASX 200 rising nearly 1%. Both have been flirting with bear market territory. Meanwhile, South Korea' s Kospi index advanced 0.6%. China' s growth rate last year was down from a 7.3% expansion in 2014. In the fourth quarter, according to data released by the government Tuesday, the Chinese economy grew by an annualized 6.8%. " The data reinforced the softening macro picture in China," but fueled expectations for stimulus, said Bill Bowler, a sales trader at Hong Kong-based brokerage Forsyth Barr Asia Ltd. " At least a stable China [market] is giving the rest of the region permission to have a little bit of a bounce," he said. This past weekend, Chinese authorities talked up the underlying health of the Chinese economy, likely calming some fears among investors and encouraging them to return to markets, said Angus Nicholson, a market analyst at brokerage IG. " Chinese markets have already suffered such a dramatic correction this year that I think some of these official assurances have helped bring a few buyers back to the table," he said. The release of the 2015 growth figures also turned investor attention to this year' s outlook, renewing enthusiasm about Beijing' s pledge to cut overcapacity in the coal and steel industries and reduce inventories in the housing sector The result:. These sectors were the best performers on Tuesday. Large state-owned enterprises also rose sharply on hopes of more mergers and acquisitions aimed at making them more efficient. In addition, Chinese President Xi Jinping departed Tuesday for the Middle East, with stops planned in Saudi Arabia, Egypt and Iran. That boosted hopes among investors that China will hold more political and economic influence in that region. China is planning a " One Belt, One Road" strategy, in which it plans to lay networks of infrastructure to better connect its economy with the rest of Asia , Africa, the Middle East and Europe. Investors hope China will strike economic deals in the Middle East, which buoyed construction-related shares, analysts said. " Companies suffering from overcapacity domestically may benefit from the ' One Belt, One Road' initiative," said Zhou Xu, an analyst at Nanjing Securities. Stocks such as China Railway Group Ltd. and Power Construction Corp. of China Ltd. jumped by the 10% daily limit that the government allows. In addition, investors expect the Chinese central bank to cut the reserve requirements for banks, given that volatility in the currency market has largely eased off, added Mr. Zhou, " Further lowering the reserve ratio is necessary and will boost liquidity for the mid- to-longer term. " The Australian dollar recovered losses to trade up 0.8% at $ 0.6920. The Hong Kong dollar fell to a fresh four-year low of HK $ 7.8090 to one US dollar. The local dollar has weakened for the fourth session in a row, amid worries that the city' s economy could weaken as China' s does. But it also recovered Tuesday , last trading at HK $ 7.8065 to one US dollar, up 0.1% from the previous day' s close. Brent, the global oil benchmark, was last up 2.45% at $ 29.26 a barrel. It fell to a fresh 12-year low of US $ 27.70 overnight, as investors absorbed the news that sanctions were lifted against Iran, which can again trade oil on international markets. Gold prices slipped 0.2% to $ 1,088.80 a troy ounce.
Useful To Me  Not Useful To Me
WanSiTong Supreme	19-Jan-2016 16:04        WanSiTong About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Singapore Stocks Surge as China Fears Recede 19 January 2016 15:55   Singapore stocks reverse earlier losses and make a smart recovery. Traders have interpreted China' s growth data as a sign that the slowdown in the world' s second biggest economy is not so bad after all. The benchmark FTSE Straits Times Index is now up 1.4% to 2628.08 after starting the day in the red. The gains on the local market follow a surge in Chinese shares as consensus-meeting growth figures for last year assuaged investors who had feared worse. Noble is up 9.1% at S $ 0.30 after having been beaten down for several months. Genting Singapore (G13.SG) gains 2.2% to S $ 0.70. Smaller China-linked firms such as China Sports International (FQ8.SG) (up 10% ) and China New Town Development (D4N.SG) (up 2.2%) are among actively traded stocks in Singapore.
Useful To Me  Not Useful To Me
Siwomp Supreme	19-Jan-2016 15:36        Siwomp About Contact  Quote this Post!
x 0   x 0  Alert Admin	Sweet!.....Huat Lieow! Siwomp      ( Date: 19-Jan-2016 11:44) Posted: Play Theme on track...... Huat Ah! Reversal this week.....imho, dyodd Siwomp      ( Date: 12-Jan-2016 19:18) Posted: Here is a trading theme, my hypothesis only ah. ........The recent massive correction in the chinese mkts have wipe out many retailers saving. this coupled with the chinese new year just under 3 weeks away is creating a under current of unrest in the chinese populous. the chinese govt knows this and to defuse the high potential of significantly increase in crime rate and disturbance, they will be mount a coordinated effort to prop up the mkts. so dyodd and hoot the heavily beaten down counters。 。 。 。 Huat Ah!
Useful To Me  Not Useful To Me
WanSiTong Supreme	19-Jan-2016 15:34        WanSiTong About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	China Shares Surge on Consensus-Meeting Growth Figures 19 January 2016 15:20 China' s shares ended up sharply, as consensus-meeting growth figures for last year appeased investors who had feared worse. Expectations of further monetary easing by Beijing and the latter' s pledge to reduce industrial excesses this year also boosted stocks in the steel, coal and property sectors .   " President Xi Jinping' s upcoming visit to the Middle East lifted sentiment as well, as companies suffering from overcapacity domestically may benefit from China' s ' One Belt, One Road' initiative," says Zhou Xu, analyst at Nanjing Securities. Earlier today, China released data that showed the country' s economy expanded by 6.9% in 2015, down from the 7.3% gain reported in 2014 but in line with the median 6.9% increase forecast by 15 economists polled by The Wall Street Journal.
Useful To Me  Not Useful To Me
erhaier Senior	19-Jan-2016 15:18        erhaier About Contact  Quote this Post!
x 0   x 0  Alert Admin	yum yum kueh. WanSiTong      ( Date: 19-Jan-2016 14:55) Posted: Asian Indexes   Index Country Change % Change Level Last Update   Australia ASX All Ordinaries Australia +43.30 +0.88% 4,955.10 12:11am ET   Shanghai SE Composite Index China +93.92 +3.22% 3,007.76 1:37am ET   Hang Seng Hong Kong +284.52 +1.48% 19,521.97 1:37am ET   Mumbai Sensex India +224.78 +0.93% 24,413.15 1:36am ET   Nikkei 225 Japan +92.80 +0.55% 17,048.37 1:15am ET   Taiwan TSEC 50 Index Taiwan +43.70 +0.56% 7,854.88 12:33am ET
Useful To Me  Not Useful To Me
WanSiTong Supreme	19-Jan-2016 14:55        WanSiTong About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Asian Indexes   Index Country Change % Change Level Last Update   Australia ASX All Ordinaries Australia +43.30 +0.88% 4,955.10 12:11am ET   Shanghai SE Composite Index China +93.92 +3.22% 3,007.76 1:37am ET   Hang Seng Hong Kong +284.52 +1.48% 19,521.97 1:37am ET   Mumbai Sensex India +224.78 +0.93% 24,413.15 1:36am ET   Nikkei 225 Japan +92.80 +0.55% 17,048.37 1:15am ET   Taiwan TSEC 50 Index Taiwan +43.70 +0.56% 7,854.88 12:33am ET
Useful To Me  Not Useful To Me
risktaker Supreme	19-Jan-2016 14:42        risktaker About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Posts are opinions. Do not take it as investment advise "
x 0   x 0  Alert Admin	Sold singtel brought semcorp industry... :) huat ah
Useful To Me  Not Useful To Me
risktaker Supreme	19-Jan-2016 14:31        risktaker About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Posts are opinions. Do not take it as investment advise "
x 0   x 0  Alert Admin	Market is bad... think tonight dow open up and close red red...
Useful To Me  Not Useful To Me
WanSiTong Supreme	19-Jan-2016 14:23        WanSiTong About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Shanghai 3.1% Stock Rally Revives Risk-Taking in Currencies 19 January 2016 14:14 The benchmark Shanghai Composite index is up 3.1%, despite weaker-than-expected Chinese economic data released earlier, which initially dampened sentiment. The strong rally of Chinese stocks, which confounds expectations for an equity selloff due to data that showed China' s 2015 gross domestic product rose at its slowest pace in 25 years, has overturned earlier hints of risk aversion. The abrupt turn in Chinese investor sentiment has boosted the closely linked Australia dollar from near a seven-year low to an intraday high of 0.6911. Likewise, Asian currencies such as the regional bellwether South Korea won, the risk-sensitive Singapore dollar and the Malaysia ringgit are reaching their strongest intraday levels versus the US dollar.
Useful To Me  Not Useful To Me
erhaier Senior	19-Jan-2016 14:03        erhaier About Contact  Quote this Post!
x 0   x 0  Alert Admin	flat is phenomenal acheivement.  WanSiTong      ( Date: 19-Jan-2016 13:21) Posted: Noon Market STI dips 0.04% to 2,591.87 at midday January 19, 2016: 12:31 PM Singapore equities traded little changed at noon on Tuesday, amidst gains in most other Asian markets. The Nikkei 225 Index slipped around 0.5%, while the KOSPI and Hang Seng Indices added about 0.1% and 0.8% respectively. Meanwhile, the Shanghai and Shenzhen Composite Indices posted respective gains of around 1.6% and 1.4%. By 12.15 pm, the Straits Times Index shed 0.04% to 2,591.87. Market breadth was, however, positive. Excluding warrants, gainers outnumber decliners 172 to 136. The Straits Times Index (STI) traded between 2,582.31 and 2,612.68, after opening 0.27% lower at 2,585.99. A total of 473.3 million shares worth $ 549.6 million changed hands, giving an average price of about $ 1.16 per share for the entire market. China Sports International (Valuation: 0.90, Fundamental: 1.65), Ezra Holdings (Valuation: 1.10, Fundamental: 0.45), Xpress Holdings (Valuation: 0.00, Fundamental: 0.95), Noble Group (Valuation: 1.80, Fundamental: 0.35), and Singapore Telecommunications (Valuation: 1.70, Fundamental: 1.30) were among the most actively traded counters. Among STI components, Sembcorp Marine (Valuation: 1.80, Fundamental: 1.10) surged 5.7% to $ 1.39, while Sembcorp Industries (Valuation: 2.40, Fundamental: 1.10). Climbed 5.1% to $ 2.47 Meanwhile, StarHub (Valuation: 1.70, Fundamental: 1.55 ) sank 2.6% to $ 3.39, while Singapore Telecommunications shed 2.3% to $ 3.45. M1 slipped 4.2% to $ 2.50, leading slides among local telcos after the InfoComm Development Authority said that bidding for the fourth telco licence is set to proceed this year. On Monday, M1 announced that its earnings rose 1.5% yoy to $ 178.5 million for FY2015 ended Dec. Hyflux. (Valuation: 1.80, Fundamental: 0.35) leapt 5.2% to 50.5 cents Its wholly-owned subsidiary, Hydrochem Saudi, has been awarded a contract by Snamprogetti Saudi Arabia Co, a subsidiary of Saipem SpA, to design, manufacture and supply a seawater reverse osmosis and sulphate removal facilities package in Khurais, Saudi Arabia. The project value is around US $ 50.4 million. Xpress Holdings soared 7.1% to 1.5 cents. The printing company last week said that it is expected to extend its net loss for 2QFY2016 ending Jan. TA Corporation (Valuation: 1.80, Fundamental: 0.35) last traded at 28.5 cents on Dec 29. The property and construction group announced that its wholly-owned subsidiary, Tiong Aik Construction, has secured a $ 94 million construction contract from the German European School Singapore . There were no companies that went ex-dividend / distribution on Tuesday.
Useful To Me  Not Useful To Me
WanSiTong Supreme	19-Jan-2016 13:21        WanSiTong About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Noon Market STI dips 0.04% to 2,591.87 at midday January 19, 2016: 12:31 PM Singapore equities traded little changed at noon on Tuesday, amidst gains in most other Asian markets. The Nikkei 225 Index slipped around 0.5%, while the KOSPI and Hang Seng Indices added about 0.1% and 0.8% respectively. Meanwhile, the Shanghai and Shenzhen Composite Indices posted respective gains of around 1.6% and 1.4%. By 12.15 pm, the Straits Times Index shed 0.04% to 2,591.87. Market breadth was, however, positive. Excluding warrants, gainers outnumber decliners 172 to 136. The Straits Times Index (STI) traded between 2,582.31 and 2,612.68, after opening 0.27% lower at 2,585.99. A total of 473.3 million shares worth $ 549.6 million changed hands, giving an average price of about $ 1.16 per share for the entire market. China Sports International (Valuation: 0.90, Fundamental: 1.65), Ezra Holdings (Valuation: 1.10, Fundamental: 0.45), Xpress Holdings (Valuation: 0.00, Fundamental: 0.95), Noble Group (Valuation: 1.80, Fundamental: 0.35), and Singapore Telecommunications (Valuation: 1.70, Fundamental: 1.30) were among the most actively traded counters. Among STI components, Sembcorp Marine (Valuation: 1.80, Fundamental: 1.10) surged 5.7% to $ 1.39, while Sembcorp Industries (Valuation: 2.40, Fundamental: 1.10). Climbed 5.1% to $ 2.47 Meanwhile, StarHub (Valuation: 1.70, Fundamental: 1.55 ) sank 2.6% to $ 3.39, while Singapore Telecommunications shed 2.3% to $ 3.45. M1 slipped 4.2% to $ 2.50, leading slides among local telcos after the InfoComm Development Authority said that bidding for the fourth telco licence is set to proceed this year. On Monday, M1 announced that its earnings rose 1.5% yoy to $ 178.5 million for FY2015 ended Dec. Hyflux. (Valuation: 1.80, Fundamental: 0.35) leapt 5.2% to 50.5 cents Its wholly-owned subsidiary, Hydrochem Saudi, has been awarded a contract by Snamprogetti Saudi Arabia Co, a subsidiary of Saipem SpA, to design, manufacture and supply a seawater reverse osmosis and sulphate removal facilities package in Khurais, Saudi Arabia. The project value is around US $ 50.4 million. Xpress Holdings soared 7.1% to 1.5 cents. The printing company last week said that it is expected to extend its net loss for 2QFY2016 ending Jan. TA Corporation (Valuation: 1.80, Fundamental: 0.35) last traded at 28.5 cents on Dec 29. The property and construction group announced that its wholly-owned subsidiary, Tiong Aik Construction, has secured a $ 94 million construction contract from the German European School Singapore . There were no companies that went ex-dividend / distribution on Tuesday.
Useful To Me  Not Useful To Me
bishan22 Supreme	19-Jan-2016 13:06        bishan22 About Contact  Quote this Post!
x 0   x 0  Alert Admin	SIT so bad that remisers have to look for 2nd job after trading hours,reported in ST today. So jialat.
Useful To Me  Not Useful To Me
Wolfman Senior	19-Jan-2016 12:39        Wolfman About Contact  Quote this Post!
x 0   x 0  Alert Admin	STI will sit still the whole day and wait for Uncle Sam to get home...then it will start to bark tml once Uncle Sam has given out his orders tonight
Useful To Me  Not Useful To Me
earlybird14 Supreme	19-Jan-2016 12:32        earlybird14 About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	STI chart is the worst among all. jialat jialat...
Useful To Me  Not Useful To Me
WanSiTong Supreme	19-Jan-2016 11:53        WanSiTong About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Asian Indexes   Index Country Change % Change Level Last Update   Australia ASX All Ordinaries Australia +21.40 +0.44% 4,933.20 10:30pm ET   Shanghai SE Composite Index China +47.74 +1.64% 2,961.58 10:35pm ET   Hang Seng Hong Kong +114.35 +0.59% 19,351.80 10:35pm ET   Mumbai Sensex India 0.00 0.00% 24,188.37 7:29am ET   Nikkei 225 Japan -61.67 -0.36% 16,893.90 10:30pm ET   Taiwan TSEC 50 Index Taiwan +2.30 +0.03% 7,813.48 10:30pm ET
Useful To Me  Not Useful To Me
Siwomp Supreme	19-Jan-2016 11:44        Siwomp About Contact  Quote this Post!
x 0   x 0  Alert Admin	Play Theme on track...... Huat Ah! Reversal this week.....imho, dyodd Siwomp      ( Date: 12-Jan-2016 19:18) Posted: Here is a trading theme, my hypothesis only ah. ........The recent massive correction in the chinese mkts have wipe out many retailers saving. this coupled with the chinese new year just under 3 weeks away is creating a under current of unrest in the chinese populous. the chinese govt knows this and to defuse the high potential of significantly increase in crime rate and disturbance, they will be mount a coordinated effort to prop up the mkts. so dyodd and hoot the heavily beaten down counters。 。 。 。 Huat Ah!
Useful To Me  Not Useful To Me
WanSiTong Supreme	19-Jan-2016 11:32        WanSiTong About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Singapore' s STI Swings Upward After China Data Worry Lifted 19 January 2016 11:11 Singapore stocks recover from early losses, trading a tentative 0.1% higher to 2594.92 shortly after China reported its slowest economic growth in a quarter century. The 2015 GDP numbers for the world' s second-largest economy had been a negative overhang on stock markets over the past few sessions, but when reported were broadly in line with analyst estimates and did not deliver the shock that some had feared. Bernard Aw, strategist at IG Markets, said in a morning note that Chinese data will be a key driver of Tuesday' s trade in regional markets.   " There is a potential for a bounce in market sentiment, only if they actual reading outperformed the estimates," he says. Since it was in line, the stock market reaction appears modest. Leading gains in Singapore, perhaps surprisingly, is the hard- hit offshore marine firm SembCorp Marine (S51.SG), up 4.2% in a slight recovery from heavy losses.
Useful To Me  Not Useful To Me
WanSiTong Supreme	19-Jan-2016 11:08        WanSiTong About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	China Share Traders See Half-Full Glass in GDP Data 19 January 2016 10:55 Shanghai shares trade into winning territory Tuesday morning despite lackluster GDP data, thanks to a stabilizing currency and rising hopes of a further interest rate cut, say analysts. The benchmark Shanghai Composite Index rises 0.1% to 2918.81, after gaining as much as 0.6%. Shares in coal, commercial retail and property sectors rise the most thanks to Beijing' s reiteration of plans to cut consolidate excess capacity. Over 20 stocks, including Heilongjiang Heihua (600179.SH) and developer Xinhu Zhongbao (600208.SH), jump by 10%. China' s GDP growth slowed to 6.9% in 2015, the first time below 7% for 25 years, according to data released by the National Bureau of Statistics, largely in line with market expectation. Nervousness about yuan depreciation has eased after the central bank moved to counter short-sellers in offshore yuan. " As the currency market shows sign of stabilization, hope for a new wave of [an] interest rate cut before Chinese New Year runs high again, especially given China' s shrinking forex reserves in December," says Xiao Shijun, an analyst at Guodu Securities. In the smaller Shenzhen market, the Shenzhen Composite Index trades flat at 1829.96 while the ChiNext board skids 0.7% at 2159.50.
Useful To Me  Not Useful To Me

                                                         First   < Newer   4101-4120 of 31422   Older>   Last