| Latest Forum Topics / Straits Times Index |
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STI to cross 3000 boosted by long-term investors
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risktaker
Supreme |
04-Jan-2016 16:06
Yells: "Posts are opinions. Do not take it as investment advise " |
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x 0 Alert Admin |
Long USD short dow...
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bishan22
Supreme |
04-Jan-2016 13:28
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x 0
x 0 Alert Admin |
Capricorn effect is to recover today losses??? Worse is no effect at all. Good luck.
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WanSiTong
Supreme |
04-Jan-2016 12:21
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x 0
x 0 Alert Admin |
Noon Market STI down 1.4% at 2,842.18 at midday January 4, 2016: 12:18 PM Singapore stocks were trading lower at noon, despite a relatively positive GDP figure for the fourth quarter published in the early morning. This was however in line with other Asian markets. As at 12.02pm, the benchmark Straits Times Index was down 1.41% or 40.55 points to 2,842.18. In the broader market, 423.4 million shares valued at $ 329.6 million were traded. Losers beat gainers 187 to 111. Only three component stocks in the STI were trading in positive territory. SIA Engineering was up 0.27% at $ 3.71, Keppel Corp was up 0.31% at $ 6.53 while SATS gained 1.82% to $ 3.91. Among the top movers were Noble Group which traded flat at 40 cents with 16.2 million shares exchanging hands. Shares of the commodity trader fell sharply in the last week of the year after its credit rating was downgraded. KrisEnergy rose 6% to 17.6 cents after updating the market on production levels. The upstream oil and gas company said production of oil and gas stood at 19,935 barrels of oil equivalent per day (boepd) as at Jan 1, 2016 from four fields in the Gulf of Thailand and one onshore gas field in Bangladesh. This is more than double the average rate for full-year 2015 of 9,698 boepd. In 2014, production was 7,612 boepd. Yoma Strategic rose 2.2% to 47.5 cents. The conglomerate says it has extended until 2048 the lease for its landmark hotel project at the former headquarters of the Myanmar Railway Company.   |
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WanSiTong
Supreme |
04-Jan-2016 11:56
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China Stocks Selloff May Test New Circuit-Breaker Rules 4 January 2016 10:48 China stocks slump on the first trading day of 2016 as investors dump small caps out of a fear that a surge in equity supply will dilute demand and depress prices. The benchmark Shanghai Composite Index trades 3.9% down to 3399.41, with over 900 stocks losing. Military defense stocks surged at the pre-market opening after Beijing added three new military units, but stocks retreated as investors rushed to cut holdings in small caps ahead of the expiration of a six-month ban on stock selling by big shareholders. The government asked so-called National Team investors - brokerages and big asset managers - to support the stock market during its summer meltdown, and then told them not sell their holdings for six months. The expiration of that selling ban could lead to indiscriminate selling of large holdings, fear investors. Around 150-170 billion yuan of shares will be sold in January, says Li Lifeng, an analyst at Sinolink Securities. The Shenzhen Composite Index slumps 4.6% at 2202.33 and the Nasdaq-style ChiNext Price Index retreats 4.7% at 2585.49. In addition, a new set of liberalized IPO rules took effect on January 1, potentially unleashing many more new listings than the market can handle. " The lack of policies to counter the effect of lift of share sales ban, as well as the announcement of new IPO rules last week prompted investors to curb risks by selling small caps with higher valuations, " says Li. The CSI 300 Index fell as low as 4.1%, raising worries on the market that trading may be suspended under the new circuit breaker rules. A swing by 5% of the CSI 300 Index will trigger a 15-minute halt, according to the rules.   |
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WanSiTong
Supreme |
04-Jan-2016 11:53
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Singapore Share Buybacks Hit S $ 2 Billion in 2015: SGX 4 January 2016 11:13 Companies listed in Singapore bought back around S $ 2 billion of their own shares in 2015, according to data from the Singapore Exchange, with the banks among the biggest buyers of their stock. The SGX My Gateway report complied by the bourse does not provide previous year-on-year comparisons, but the S $ 2 billion is likely a high figure, with share buybacks featuring heavily throughout 2015 as companies look to take advantage of perceived low valuations. Singapore' s main stock index was one of Asia' s worst performers last year, down 14.3%. United Overseas Bank (U11.SG), PEC (IX2.SG), DBS Group Holdings (D05.SG), Oversea-Chinese Banking Corp. (O39 .SG) and Pacific Century Regional Developments (P15.SG) were the biggest buyers of their own shares in 2015, respectively, by total consideration.   |
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sheerluck
Supreme |
04-Jan-2016 11:42
Yells: "Work for your money first then let your money work for you" |
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HEADLINE NEWS STI started with a bang and.........died. No wonder our Sexchange is top(less) (s)exchange of the world.  |
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WanSiTong
Supreme |
04-Jan-2016 11:30
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The January Effect: Does the STI Always Rise in January? The January effect is a hypothesis that the stock market tends to outperform in the first month of the year. The effect was first observed in 1942 by investment banker Sidney B. Wachtel and that small-cap stocks tend to perform better than the broader market in January.   There are a few reasons why stock prices tend to rise in January but I wanted to find out if the January effect holds true in Singapore as in the US Can investors simply ride the January effect and make decent gains simply by investing in the STI for the first month of every year?   I decided to do some research: I had a look at the STI chart and recorded how much the STI gained (or lost) from its opening price on Jan 1 to its opening price on Feb 1 from 1990 to 2015.    
STI 1990-2015:  Yahoo Finance Does the STI rise every January and, if so, by how much? Here are the results:
From the data over the last 26 years: The STI made gains in the month of January for 15 out of 26 years The STI remained flat in January for three of those years (1997, 2009, 2011) The STI made losses for 11 out of 26 years So it seems in the overall scheme of things, the STI does tend to rise in January. And in the years the STI posted gains in January, the average return was 5.39%. Pretty damn decent! However, when you include all the flat / losing years, the overall average return is only 0.42%. The reason for this? The STI suffered double-digit losses in 1995, 1998, 2000, and 2008 which pulled overall returns down. If you recall, we had Nick Leeson sending Barings Bank to oblivion and the Kobe earthquake in 1995, the Asian Financial Crisis in 1998, a prelude to the Dotcom Bubble in 2000, and Global Financial Crisis in 2008. So what does this mean for investors like us? Bottom line, the STI does tend to rise in January but the moment the bad news seems to be getting out of hand, it' s best that you get out!   |
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famouspinky
Supreme |
04-Jan-2016 11:23
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Whoever u r, do nt go against Mr mkt
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fortunecat
Master |
04-Jan-2016 10:26
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x 0
x 0 Alert Admin |
Started 2016 with a bang |
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famouspinky
Supreme |
04-Jan-2016 10:12
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x 0 Alert Admin |
The mkt does not support
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Hei123
Senior |
04-Jan-2016 10:11
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5% cash upfront , I think will be postponed 2/3 years later. Will it save STI?
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bishan22
Supreme |
04-Jan-2016 09:59
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Sell in Jan ... -30 points..... What a start for this year....
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WanSiTong
Supreme |
04-Jan-2016 09:13
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Singapore' s GDP Brings New Year Cheer 4 January 2016 8:53   Singapore' s economy grows 5.7% in the fourth quarter on a seasonally adjusted and annualized basis compared with the previous quarter, fueled by the services and construction sectors. The growth comes after a revised 1.7% increase in the third quarter and bests the 1.7% growth predicted by analysts in a poll by The Wall Street Journal. Overall economic growth for 2015 comes in at 2.1%, compared with official predictions of growth between 2.0 % and 2.5%. The data show that construction grew 7.0% on-quarter while services industries output rose 6.5%. Manufacturing fell 3.1% measured over the previous quarter.   Measured on-year, manufacturing falls a sharper 6.0%, while the overall economy grows 2.0%, accelerating from 1.8% on-year growth in the third quarter. Singapore' s growth is likely to remain muted in 2016 as manufacturing drags and a tight labor market hurts services industries.   |
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WanSiTong
Supreme |
04-Jan-2016 09:10
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Stocks To Watch Pacific Andes, Yoma Strategic, Noble, Second Chance Properties January 4, 2016: 8:54 AM The following stocks may be in focus today: The board of industrial fishing firm Pacific Andes Resources Development (Valuation: 1.50, Fundamental: 0.55) has formed a committee to look into the circumstances that led its subsidiary, China Fishery Group (Valuation: 1.50, Fundamental: 0.45), into provisional liquidation. Yoma Strategic Holdings (Valuation: 0.50, Fundamental: 1.75) has extended until 2048 the lease for its landmark hotel project at the former headquarters of the Myanmar Railway Company. The chief executive of embattled commodity trader Noble Group (Valuation: 1.20, Fundamental: 0.35) defended its financial position after what it called an " unexpected" move by Moody' s Investors Service to cut its credit rating to junk status, slamming its stocks and bonds. Second Chance Properties (Valuation: 2.00, Fundamental: 0.70) posted a 48.4% rise in earnings to $ 2.5 million for the 1Q16 ended November, despite revenue recording a fall of 7.1% to $ 8.2 million. Markets Wall Street dropped on Thursday, leaving the S & P 500 marginally lower for a year marked by record highs as well as a major sell-off. The Dow Jones industrial average fell 1.02% to end at 17,425.03, the S & P 500 fell 0.94% to 2,043.94 points and the Nasdaq Composite lost 1.15% to 5,007.41. The Straits Times Index closed 3.72 points, or 0.1% higher on Thursday, at 2,889.23 amid low volumes.   |
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Goldfinger
Supreme |
01-Jan-2016 11:32
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No confidence at all - we are not in good shape at least according to the Analysts..if we are to believe them
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WanSiTong
Supreme |
01-Jan-2016 08:37
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North and South American Indexes
![]()   Wall Street suffers feeble end to turbulent 2015 Wall Street dropped on Thursday, leaving the S & P 500 marginally lower for a year marked by record highs as well as a major selloff. In a reversal of one of 2015' s major trends, oil shares moved higher, with the S & P energy sector up 0.34 percent and alone among gainers. Much of the blame for this year' s underwhelming stock market performance can be laid at the feet of crude oil prices, which lost a third of their value during an unprecedented global glut. The energy sector fell 24 percent, its worst annual performance since the global recession . The S & P 500 hit a record high in May only to slump 11 percent over eight days in August over fears of a China-led global economic slowdown. The CBOE Volatility index spiked to a seven-year high before the market recovered. On the last trading day of 2015, the S & P 500 fell 0.94 percent to 2,043.94 points, leaving it with a total loss of 0.71 percent for the year. The S & P total return, including dividends, was about 1.40 percent, according to preliminary data. " If you went to sleep on Dec. 31, 2014, and woke up today, you' d say what a dull year it' s been, and yet in between we' ve had these wild swings," said Donald Selkin, chief market strategist at National Securities in New York. " The lesson is that people should watch the extremes On those big down days, hold your nose and buy -.. And do not be afraid" The Dow Jones industrial average lost 2.23 percent for the year, its first annual decline since 2008. The Nasdaq Composite gained 5.73 percent after surpassing levels not seen since the dot-com bubble in 2000. Eight of the 10 worst performers on the S & P this year were energy companies, led by Chesapeake Energy' s 77-percent slump. The consumer discretionary sector, on the other hand, was the S & P' s best performer, rising 8.43 percent thanks to Netflix' s 134-percent increase and Amazon' s 118-percent surge. Consumer stocks also took the top three spots on the Dow, led by Nike' s 30-percent increase in 2015. GOOD RIDDANCE! With much of the day' s losses suffered in the last few minutes of trade, the Dow Jones industrial average fell 1.02 percent to end at 17,425.03. The Nasdaq Composite lost 1.15 percent to 5,007.41. Nine of the 10 major S & P sectors fell Thursday, led by a 1.43-percent fall in the technology sector. Many of the risks that worried investors this year will remain front and center in 2016. " Elevated valuations, modest earnings growth and muted economic activity. Of course, there is the additional variable of rising interest rates," said David Joy, chief market strategist at Ameriprise Financial in Boston. Apple dropped 1.92 percent and was the biggest drag on all three indexes. Its stock has been pressured by concerns about potentially weak iPhone sales and ended the year down 4.5 percent, its first annual loss since 2008. " Apple is caught between being a growth stock and being a value stock and it' s caught in the abyss," said John Augustine, chief investment officer at Huntington Wealth & Investment Management. Investors next week will watch for a potential " January effect," when stocks that were sold in December for year-end tax purposes bounce back. Volume on US exchanges was 5.3 billion shares, below the 7.2 billion average over the last 20 trading days, according to Thomson Reuters data. Advancing issues outnumbered decliners on the NYSE by 1,882 to 1,163. On the Nasdaq, 1,869 issues fell and 1,022 advanced. The S & P 500 index showed one new 52-week highs and two new lows, while the Nasdaq recorded 32 new highs and 72 new lows.   |
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edwinjup
Supreme |
31-Dec-2015 22:20
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2016.....mtp.....5% cash upfront going to.start soon....no thanks for all....sgx....
Pap...Pls save our sti.....lol
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bishan22
Supreme |
31-Dec-2015 22:04
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x 0 Alert Admin |
Are you confident on our future STI in 2016??????
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WanSiTong
Supreme |
31-Dec-2015 10:35
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Asian Shares: Australian Market Hovers Around Two-Month High 31 December 2015 10:28 A decline in oil prices weighed on energy stocks in the Asia Pacific region on Thursday, with the Australian market hovering around a two-month high. Australia' s S & P ASX 200 was off 0.1% at 5315.10, after nine straight positive days. Australian energy shares, which have lost 31% this year, were down 0.8%. Materials shares were off by 0.7%. " Everything' s been extremely correlated to oil" said Ilya Feygin, managing director at WallachBeth Capital LLC. Elsewhere, Hong Kong' s Hang Seng Index was up 0.1% while the Shanghai Composite Index slipped 0.1%. Energy shares in Hong Kong were down 0.7%. A decline in oil prices also rippled through markets in the US Wednesday, triggering losses in energy stocks and currencies of commodity-exporting countries. US crude-oil prices declined 3.4% to $ 36.60 a barrel as Saudi Arabia reiterated its commitment to keeping oil production high. Data showed an increase in US crude supplies. A flood of crude has helped drive oil prices lower for more than a year. Brent crude oil recently rose slightly by 0.6% to $ 36.66 in early Asia trade. With financial markets around the world shut Friday for the New Year holiday and many closing early today, the MSCI Asia Pacific Index is on track to finish down 4.4% for the year. Weighing on the index have been markets in much of Southeast Asia but also Taiwan and Hong Kong, all of which have felt the pressures of China' s slowing economy. The Hang Seng Index is on track to finish down nearly 7% this year. Singapore' s FTSE Strait Times is down 14% and Taiwan' s Taiex is off 11%. Leading the way has been China, where shares are up more than 10% despite a summer stock rout that pulled the Shanghai Composite Index down more than 40% in late August. Japan' s market, which is closed Thursday, notched a 9.1% gain, beating a 7.1% rise in 2014, as a weak Japanese yen helped Japanese exporters' earnings. It follows China on the list of Asia' s best performing markets. Gold prices were flat at $ 1060.70 a troy ounce.   |
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WanSiTong
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31-Dec-2015 08:14
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Stocks To Watch Noble, Keppel Corp, StarHub, Serrano, A-REIT December 31, 2015: 8:09 AM The following stocks may be in focus today: The chief executive of embattled commodity trader Noble Group (Valuation: 1.20, Fundamental: 0.35) defended its financial position after what it called an " unexpected" move by Moody' s Investors Service to cut its credit rating to junk status, slamming its stocks and bonds. Keppel (Valuation: 1.80, Fundamental: 1.30) Group has completed a share swap with Mapletree Investments that would see Keppel holding full control of office building Keppel Bay Tower. Sembcorp has injected equity worth around RMB925 million ($ 201 million) for a 49% stake in the JV, a sum financed by internal funds. StarHub (Valuation: 1.70, Fundamental: 1.55) has secured a multi-year agreement for the rights to broadcast the Spanish Primera Liga matches The games will be shown in high definition on StarHub TV and on StarHub Go.. Serrano (Valuation: N / A, Fundamental: N / A) expects to post a net loss for FY2015 ending Dec 31, which it attributes to the performance of its interior fit-out business. A board reshuffle at industrial landlord Ascendas Real Estate Investment Trust (Valuation: 2.00, Fundamental: 2.40) (A-REIT) will see the CEO of urban solutions provider Ascendas-Singbridge Miguel Ko coming onboard as vice-chairman. Markets US stock indexes were marginally lower on Wednesday, as Brent crude retreated to near 11-year low At 9:44 am ET (1444 GMT), the Dow was down 53.76 points or 0.3% at 17,667.22 . The S & P 500 was down 6.47 points or 0.31% at 2,071.89 and the Nasdaq Composite index was down 13.34 points or 0.26% at 5,094.59. The Straits Times Index closed 0.09%, or 2.79 points, lower at 2,885.51. In the broader market, about 922.5 million shares with a value of $ 533.7 million were traded. Losers outnumbered gainers 212 to 188.     |
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