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STI to cross 3000 boosted by long-term investors Post Reply Rate topic
destinykraze Elite	19-Jan-2016 10:50        destinykraze About Contact  Quote this Post!   Yells: "Reality is only a matter of perception"
x 0   x 0  Alert Admin	Seems like it will give up gains anytime. probably because many analysts doubt the data china has given.
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WanSiTong Supreme	19-Jan-2016 10:45        WanSiTong About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Hong Kong Stocks Steady After China Data 19 January 2016 10:24   Hong Kong stocks are steady immediately after a large release of China economic data mostly fell in line with expectations or were only slightly under estimates. The Hang Seng Index is up 0.6% after official China data showed industrial production grew 5.9% in the fourth quarter from last year, compared with a 6% estimate. Fourth-quarter GDP came in at 6.8% slightly below the 6.9% and China retail sales grew 11.1% year-over-year in December, weaker than the 11.2% estimate. The only number that matched expectations was the 2015 China GDP, which grew 6.9%.
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WanSiTong Supreme	19-Jan-2016 10:34        WanSiTong About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Asian Shares Choppy as China Reports Last Year' s GDP at 6.9%-- 4th Update 19 January 2016 10:25 Shares in Asia edged up Tuesday, as China reported that the world' s second-largest economy grew at its slowest pace in a quarter century. The Shanghai Composite Index traded up 0.6% after flitting near the flat line. The Hang Seng Index was up 0.9%. Australia' s S& P/ASX 200 was up 0.8% while Japan' s Nikkei Stock Average flitted around the flat line. South Korea' s Kospi slipped 0.1%. Shortly after markets in the region opened, Chinese authorities reported that the country' s economy, currently around $10 trillion, grew at 6.9% in 2015, compared to 7.3% in 2014. Data also showed it expanded by an annualized 6.8% during the fourth quarter alone . Even as growth last year came roughly in line with expectations, economists still expect weakening ahead. Goldman Sachs estimates China' s economy will grow at an annualized 5.8% in this first quarter, from 6.9% in the fourth quarter. " Overall the data is not bad in terms of what we have seen in the global economy but it does not provide any clarity as to how the government will move forward from here," Andrew Sullivan, managing director at Haitong International, wrote in a morning note. Another question, he said, " is whether the data is right." Overnight, the Stoxx Europe 600 closed down 0.4%, after swinging between small gains and losses throughout the day. ​ ​ US stock markets were closed for a public holiday, leaving trade lighter in Europe. Doubts linger about Chinese authorities' ability to manage its economy and markets, even as China' s central bank moved to curb yuan speculation Monday by raising reserve requirements for offshore clearing banks. The Shanghai Composite Index gained 0.4% on Monday but it has lost 17% year-to-date. Shares in Japan and Australia closed near bear territory the previous session. On Tuesday, the Hong Kong dollar fell to a fresh four-year low of HK$7.8027 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. It last traded at HK$7.8017 to one US dollar, roughly unchanged from late Monday. Oil has been another factor causing global turmoil early this year. Brent, the global oil benchmark, fell to a fresh 12-year low of US$27.70 a barrel overnight, as investors absorbed the news that sanctions have been lifted against Iran, which can again trade oil on international markets. Prices were last up 0.3% at $28.82 a barrel. Gold prices slipped 0.5% at $1,085.80 a troy ounce.
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Qanghoo Supreme	19-Jan-2016 10:27        Qanghoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	China GDP actual n forecast same same.  BBC put big headline - slowest in 25 yrs - sensationalism.  What goes into people' s mind is what kind of headline u bombard them with.  WanSiTong      ( Date: 19-Jan-2016 09:56) Posted: Hong Kong Investors Warily Focus on China Data Dump 19 January 2016 8:49   Hong Kong investors are focusing on a barrage of China data due in the morning that, if stable or better than expected, could ease nervous sentiment and give a lift to stocks. The main number is fourth-quarter GDP, which consensus estimates say grew 6.9% from last year, the worst quarterly growth in nearly seven years Analysts differ on whether the other data soon to be released -. Industrial production, fixed asset investment and retail sales - will show improvement or some declines.   ING says recent weak manufacturing data points to slower industrial production growth. But brokerage IG says broader growth has picked up recently, which could lead to signs of improvement across all data points. " If this were to occur, alongside further gains in Chinese equities, markets could be in for a short-term bounce today as they come off heavily-sold levels," it says.
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WanSiTong Supreme	19-Jan-2016 09:56        WanSiTong About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Hong Kong Investors Warily Focus on China Data Dump 19 January 2016 8:49   Hong Kong investors are focusing on a barrage of China data due in the morning that, if stable or better than expected, could ease nervous sentiment and give a lift to stocks. The main number is fourth-quarter GDP, which consensus estimates say grew 6.9% from last year, the worst quarterly growth in nearly seven years Analysts differ on whether the other data soon to be released -. Industrial production, fixed asset investment and retail sales - will show improvement or some declines.   ING says recent weak manufacturing data points to slower industrial production growth. But brokerage IG says broader growth has picked up recently, which could lead to signs of improvement across all data points. " If this were to occur, alongside further gains in Chinese equities, markets could be in for a short-term bounce today as they come off heavily-sold levels," it says.
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WanSiTong Supreme	19-Jan-2016 09:25        WanSiTong About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Asian Shares Open Slightly Up 19 January 2016 9:02 Shares in Asia rose tentatively early Tuesday, as investors watched for China to release data expected to show the world' s second-largest economy grew at its slowest pace in a quarter century. Australia' s S & P / ASX 200 was up 0.3% and Japan' s Nikkei Stock Average rose 0.3%. South Korea' s Kospi was flat. Chinese authorities will be reporting a batch of data, including growth, retail sales and industrial production figures. The economy, which appears to be decelerating faster than the government has acknowledged, is expected to have grown at around an annual rate of 7% last year . Over the weekend, Chinese Premier Li Keqiang, said China' s economy grew nearly at that pace. China is one of the world' s fastest-growing major economies, but the data could be received with skepticism as investors have raised doubts about the reliability of official statistics in the past. The economy, currently around $ 10 trillion, grew at 7.3% in 2014. It expanded by an annualized 6.9% during the fourth quarter alone. Still, " markets have taken an absolute pounding in the first two weeks of the year ... so a day off is maybe giving people a bit of a breather," Nigel Scott from Craigs Investment Partners said. The Shanghai Composite Index finished up 0.4 % on Monday, one session after falling into a bear market, defined as a drop of 20% or more from a recent high. Overnight, the Stoxx Europe 600 closed down 0.4%, after swinging between small gains and losses throughout the day. US stock markets were closed for a public holiday, leaving trading volumes lighter in Europe. Doubts linger about Chinese authorities' ability to manage its economy and markets, even as China' s central bank moved to curb yuan speculation Monday by raising reserve requirements for offshore clearing banks. Oil has been another factor causing global turmoil early this year. Brent, the global oil benchmark, fell to a fresh 12-year low of US $ 27.70 a barrel overnight, as investors absorbed the news that sanctions have been lifted against Iran, which can again trade oil on international markets. Prices were last up 0.2% at $ 28.70 a barrel. Gold prices slipped 1.8% at $ 1,088.90 a troy ounce.
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WanSiTong Supreme	19-Jan-2016 08:20        WanSiTong About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Stocks To Watch M1, Keppel REIT, ST Engineering, GKE, SingPost, Hyflux, Sunpower Group, Cosmosteel, The Trendlines Group January 19, 2016: 8:16 AM The following stocks may be in focus today: M1 has recorded a 1.5% increase in FY2015 earnings to $ 178.5 million from a year ago. Operating revenue for the 12 months ended December increased 7.5% to $ 1.16 billion on higher handset sales. Keppel REIT has declared a DPU of 1.68 cents for the 4Q15 ended December, 17.8% higher than the 1.51 cents a year ago. ST Engineering says Vision Technologies Aerospace Incorporated (VT Aerospace) has injected US $ 3 million ($ 4.2 million) into the capital of its unit, VT Volant Aerospace. Integrated logistics solutions provider GKE Corporation has entered into a legally binding MOU with Hung Lin Holding for the proposed sale of its 49% stake in GKE Metal Logistics (GKEML) for a consideration of $ 4.2 million. Singapore Post is integrating its e-commerce division, SingPost eCommerce, with recently acquired US-based e-commerce providers TradeGlobal Holdings and Jagged Peak to launch SP Commerce. Hydrochem Saudi, a unit of Hyflux Group, has clinched a contract by Snamprogetti Saudi Arabia, a unit of Saipem SpA to design, manufacture and supply a seawater reverse osmosis and sulphate removal facilities package in Khurais, Saudi Arabia valued at about US $ 50.4 million ( $ 72.5 million). Sunpower Group has secured a centralised steam Build-Operate-Transfer (BOT) project in Lianshui Economic Zone in Jiangsu Province China worth RMB95 million ($ 20.8 million). Cosmosteel Holdings has issued a loss warning for the first quarter financial period ended Dec 31, 2015 (1Q2016). Sembcorp Marine has delivered the accommodation semi-submersible vessel Safe Zephyrus to its customer Prosafe in January 2016. The Trendlines Group is in talks to enter into a definitive agreement with an unnamed multinational following the signing of an MOU. Advanced Integrated Manufacturing Corp. says wholly-owned subsidiary, Hao Mart, has entered into an asset purchase agreement for the acquisition of a minimart business located at Blk 443 Jurong West Ave 1 for a consideration of $ 55,000 in cash. Markets US markets were closed for the Martin Luther King Day holiday on Monday. In Europe, the Stoxx 600 index followed Asian shares lower and fell 0.5% after the European Central Bank said it would quiz euro zone lenders about high levels of bad loans. Singapore equities closed weaker on Monday, against a backdrop of weaker non-oil domestic exports, mixed trading in other Asian markets, and a slump in oil prices after international sanctions against Iran were lifted. The Straits Times Index (STI) ended the day 1.44 % lower at 2,593.00, after trading between 2,578.09 and 2,604.40. Excluding warrants, decliners outnumbered gainers 351 to 95.
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WanSiTong Supreme	19-Jan-2016 08:19        WanSiTong About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Wall Street: Fundamentals could resurface after wrenching sell-off January 19, 2016: 8:04 AM The dramatic sell-off on Wall Street through most of the past two weeks could signal a capitulation-type blowout, giving fundamentals the upper hand for the next week even as international stocks and the price of oil continued to fall Monday while US exchanges were closed for a holiday. The current slide in stock prices, which on Friday briefly dragged the S & P 500 to levels not seen in more than a year, is reminiscent in breadth and tone of drop-downs seen during the Great Recession. The US stock market was closed Monday in observance of the Martin Luther King Jr holiday. In Europe, the Stoxx 600 index followed Asian shares lower and fell 0.5% after the European Central Bank said it would quiz euro zone lenders about high levels of bad loans. The price of Brent crude slipped 0.9% to US $ 28.63 ($ 41.20) a barrel , on the prospect of more supply from Iran. Prices had fallen as low as US $ 27.67 in earlier trading. Some argue the broad decline in US stocks is warranted. In addition, the US market has not seen the kind of sell-off in high volume that signals a capitulation, and the S & P 500 could enter a bear market, more than 9% below current levels. From most indications the US economy is far from being in a recession, according to many market participants. The repricing in stocks could help the market shift back to fundamentals after years of focusing on the Federal Reserve and its ultra-low interest rate policy. That is welcome news for some in the market who have seen stocks trade on variables other than economic data and company earnings. " I actually am encouraged to see the market drop so we can just get to fair value and take it from there, then it is really determined by the path of the economy, and profits and revenues, " said Jack Ablin, chief investment officer at BMO Private Bank in Chicago." To me, this is really a result of Fed influence, just a reversing of all this Fed intervention. " Many point to a slowdown in China' s economy and its expected weight on global growth as a reason for the slide in stocks and the 12-year lows in crude oil futures. The Shanghai index closed Friday at its lowest level since December 2014, down more than 20% from its November high and nearly 44% from its 2015 high. " The spillover from China has been concentrated in crude oil and there are reports that commodity hedge funds have experienced a sharp increase in margin calls as the price of oil falls, " said Gail Dudack, chief investment strategist at Dudack Research Group in New York in a Friday note to clients." Typical of most margin unwindings, selling will flow into equity markets since stocks are often the most liquid assets in portfolios. This explains why movements in the (S & P 500) have been closely aligned with crude oil in recent weeks. " Friday had some of a capitulation type feel, with 944 New York Stock Exchange issues hitting a 52-week low. It is only the fourth day since the end of 2008 that the number is above 900. It also was the seventh day in a row of more than 500 NYSE stocks at their lowest in at least a year, a streak not seen since October 2008 -the month following the bankruptcy of Lehman Brothers. Major indexes fell Friday for a third consecutive week. The S & P closed at its lowest since late August while the Nasdaq Composite ended at its lowest since October 2014. US markets are closed Monday for the Martin Luther King holiday and on Tuesday will reopen to fresh industrial output and retail sales data out of China. Chinese GDP data is also due Tuesday, late Monday on Wall Street. " Some of the (market) fears may be comforted if we get good numbers out of China Monday evening, " said Brian Jacobsen, chief portfolio strategist at Wells Fargo Funds Management in Menomonee Falls, Wisconsin. He said if next week' s US core inflation data does not surprise on the upside and manufacturing returns to expansion investors could feel more comfortable returning to the stock market. " That in addition to strong earnings, of course." Among the largest companies to report results next week are Morgan Stanley, Bank of America and Goldman Sachs in the financial world, while Starbucks and a handful of airlines will speak to the health of the consumer.
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ecekca Elite	18-Jan-2016 21:52        ecekca About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	Don' t use CPF $$, honestly it dumb to support stock market. who going to be responsible for the loss? If gain, everyone happy, but loss, blood will spills   Siwomp      ( Date: 18-Jan-2016 17:12) Posted: i tot they did, with their proxies..... :p CK_Noobie      ( Date: 18-Jan-2016 16:37) Posted: SG government ask u to use your CPF support SG shares..they did support but ask you support...haha. Quite dumb..If government so confident about STI, why not use Temasik bought up STI blue chips..
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Siwomp Supreme	18-Jan-2016 17:12        Siwomp About Contact  Quote this Post!
x 0   x 0  Alert Admin	i tot they did, with their proxies..... :p CK_Noobie      ( Date: 18-Jan-2016 16:37) Posted: SG government ask u to use your CPF support SG shares..they did support but ask you support...haha. Quite dumb..If government so confident about STI, why not use Temasik bought up STI blue chips.. sriramanv      ( Date: 18-Jan-2016 15:39) Posted: Bursa may be having some gov support..most of the markets hv some gov support to stabilize except...we are here to lose money...
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WanSiTong Supreme	18-Jan-2016 16:48        WanSiTong About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Asian Shares Mostly Slide - Update 5 18 January 2016 16:37 China shares edged up Monday following a roller-coaster week, reflecting moves by Chinese authorities to stabilize the yuan and bargain hunting by investors. The Shanghai Composite Index finished up 0.4% at 2913.84, after falling on Friday into bear market territory - defined as a drop of at least 20% from a recent high The benchmark is down 17.7% this year.. Traders and analysts attributed the gains partly to an announcement Monday that China will require foreign banks engaged in offshore yuan trading to place reserves with the central bank. The step was aimed at speculators, who have been pushing the yuan sharply lower in offshore trading as expectations on China' s economy sour. The offshore Chinese yuan was last up 0.4%, after the central bank guided its onshore counterpart stronger earlier Monday. Also, local investors were watching closely to see whether the Shanghai benchmark would hold above the key level of 2850.71, the last low it reached on Aug. 26 - which it did. But elsewhere in Asia, most shares slipped, amid worries about slowing growth in the world' s second-largest economy and a further drop in oil prices. Australia' s S & P ASX 200 was down 0.7% while the Nikkei Stock Average lost 1.1%. Both benchmarks have lost roughly 19% from their recent highs, nearing bear-market territory. Hong Kong' s Hang Seng Index ended down 1.5% and South Korea' s Kospi was flat. India, which is expected to grow faster than many Asian countries, has also been caught up in the recent global stock market rout. The country' s benchmark S & P BSE Sensex had lost 6.3% of its value this year through Friday. On Monday, the Sensex was trading slightly lower. " You have a little bit of a breather" with China recovering, said Tareck Horchani, senior sales trader at Saxo Capital Markets, though he does not believe it is time for investors to get back into most markets in the region. " Overall, the market is very nervous about oil going lower, " he said. A 2.7% fall in the Brent oil benchmark to $ 28.18 hurt the region' s energy shares. The sector was down 2.5% in Hong Kong. The stabilization seen in Chinese markets on Monday may be short lived Investors expect China to report on Tuesday that the economy grew at around 7% last year -. The slowest pace in a quarter-century. Meanwhile, some analysts say that a fall in the Shanghai benchmark to 2,500 from the current 2913.84 level could trigger widespread margin calls Margins loans -. Money borrowed by investors to fund share purchases - fueled a rally in Shanghai early last year But when. the market began to crumble, brokerages began calling investors to pay back loans, making losses snowball. The Hong Kong dollar sunk to a fresh four-year low of HK $ 7.801 to one US dollar, even as the city' s de-facto central bank reiterated Monday that it remains committed to keeping the currency pegged to the US dollar. Monday was the local dollar' s third session of losses, as investors worried that the city' s economy could weaken along with that of China. The Japanese yen weakened on Monday by 0.2%, to Yen117.24 to one US dollar. But the yen remains near its strongest level in almost five months. A stronger yen hurts Japanese exporters because their goods become more expensive to overseas buyers. Gold prices were last up 0.1% at $ 1092 per troy ounce.
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jazzietan Veteran	18-Jan-2016 16:39        jazzietan About Contact  Quote this Post!
x 0   x 0  Alert Admin	Wahaha. Good one CK_Noobie      ( Date: 18-Jan-2016 16:37) Posted: SG government ask u to use your CPF support SG shares..they did support but ask you support...haha. Quite dumb..If government so confident about STI, why not use Temasik bought up STI blue chips.. sriramanv      ( Date: 18-Jan-2016 15:39) Posted: Bursa may be having some gov support..most of the markets hv some gov support to stabilize except...we are here to lose money...
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CK_Noobie Member	18-Jan-2016 16:37        CK_Noobie About Contact  Quote this Post!
x 0   x 0  Alert Admin	SG government ask u to use your CPF support SG shares..they did support but ask you support...haha. Quite dumb..If government so confident about STI, why not use Temasik bought up STI blue chips.. sriramanv      ( Date: 18-Jan-2016 15:39) Posted: Bursa may be having some gov support..most of the markets hv some gov support to stabilize except...we are here to lose money... Wolfman      ( Date: 18-Jan-2016 15:35) Posted: Bursa very resilient, it's another market that Bo hiu big brother dow..time to return singapore to its parent.
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WanSiTong Supreme	18-Jan-2016 16:33        WanSiTong About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Dow future up 102 European Indexes   Index Country Change % Change Level Last Update   FTSE 100 England +24.66 +0.42% 5,828.76 3:15am ET   Euronext 100 Europe +0.39 +0.05% 827.92 3:01am ET   CAC 40 France +4.99 +0.12% 4,215.15 3:01am ET   DAX Germany +58.91 +0.62% 9,604.18 3:15am ET   Swiss Market Index Switzerland +69.93 +0.86% 8,177.06 3:15am ET
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Qanghoo Supreme	18-Jan-2016 15:42        Qanghoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	Maybe, this is the only country in sea to love uncle sam so much, that' s why.  When uncle sam down sti down.  When uncle sam up, tell sti guai guai sit down so also down.  When uncle sam spell " dow" , stil spell wrong " down" .  So we know why now.  Wolfman      ( Date: 18-Jan-2016 15:35) Posted: Bursa very resilient, it's another market that Bo hiu big brother dow..time to return singapore to its parent.
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sriramanv Master	18-Jan-2016 15:39        sriramanv About Contact  Quote this Post!
x 0   x 0  Alert Admin	Bursa may be having some gov support..most of the markets hv some gov support to stabilize except...we are here to lose money... Wolfman      ( Date: 18-Jan-2016 15:35) Posted: Bursa very resilient, it's another market that Bo hiu big brother dow..time to return singapore to its parent.
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Wolfman Senior	18-Jan-2016 15:35        Wolfman About Contact  Quote this Post!
x 0   x 0  Alert Admin	Bursa very resilient, it's another market that Bo hiu big brother dow..time to return singapore to its parent.
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Qanghoo Supreme	18-Jan-2016 15:26        Qanghoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	What a shame Bursa seems to be doing better most off the time.  Maybe shd consider going to Bursa to recruit some foreign talent hor?  Qanghoo      ( Date: 18-Jan-2016 13:39) Posted: Shanghai on fire.  STI don' t know how to walk.  Wolfman      ( Date: 18-Jan-2016 13:26) Posted: SSE and Taiwan Index reverse turned green...Bo hiu big bro Dow..STI as usual no need to say..
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WanSiTong Supreme	18-Jan-2016 13:40        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 -36.70 -0.74% 4,911.80 12:11am ET   Shanghai SE Composite Index China +25.87 +0.89% 2,926.84 12:21am ET   Hang Seng Hong Kong -154.48 -0.79% 19,366.29 12:21am ET   Mumbai Sensex India +3.59 +0.01% 24,458.63 12:21am ET   Nikkei 225 Japan -197.57 -1.15% 16,949.54 12:16am ET   Taiwan TSEC 50 Index Taiwan +64.25 +0.83% 7,826.26 12:16am ET
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Qanghoo Supreme	18-Jan-2016 13:39        Qanghoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	Shanghai on fire.  STI don' t know how to walk.  Wolfman      ( Date: 18-Jan-2016 13:26) Posted: SSE and Taiwan Index reverse turned green...Bo hiu big bro Dow..STI as usual no need to say..
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