| Latest Forum Topics / Straits Times Index |
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STI to cross 3000 boosted by long-term investors
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Woods30
Veteran |
12-Aug-2015 23:00
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x 0
x 0 Alert Admin |
yah..us and china in currency war soon ...we will get trampled if in the way..don' t get trampled!
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lglg666
Supreme |
12-Aug-2015 22:58
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x 0
x 0 Alert Admin |
Dow Jones....down big time now. Tml here will be another killing field | ||||
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Peter_Pan
Supreme |
12-Aug-2015 22:51
Yells: "kopi-o siu dai mai hum!" |
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x 0
x 0 Alert Admin |
better don't touch stocks for now
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fernvale
Master |
12-Aug-2015 22:43
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x 0
x 0 Alert Admin |
Europe big lao sai all over 3% dwn, ftse almost 2% | ||||
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risktaker
Supreme |
12-Aug-2015 22:36
Yells: "Posts are opinions. Do not take it as investment advise " |
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x 0
x 0 Alert Admin |
why? STI oversold.... dow jone is just a correction and looks like may rebound soon
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fernvale
Master |
12-Aug-2015 22:17
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x 0
x 0 Alert Admin |
Dax n Cac down 3%, dj open 1 hr dwn almost 1.5%, more to come...all red celebrate our SG50 with us ang kong kong | ||||
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Peter_Pan
Supreme |
12-Aug-2015 22:01
Yells: "kopi-o siu dai mai hum!" |
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x 0
x 0 Alert Admin |
Global stock markets collapse is coming. | ||||
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darocupcake
Master |
12-Aug-2015 21:36
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x 0
x 0 Alert Admin |
Market toh how to defend with your minion power. Dun give others false hope market will be better.
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risktaker
Supreme |
12-Aug-2015 21:23
Yells: "Posts are opinions. Do not take it as investment advise " |
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x 0
x 0 Alert Admin |
come on guys make those who sell or short today regret....defend the market.... | ||||
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risktaker
Supreme |
12-Aug-2015 20:00
Yells: "Posts are opinions. Do not take it as investment advise " |
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x 0
x 0 Alert Admin |
china central bank went in to support Yuan by selling the dollar..... huat ah long dow jones now.... the bulls are back | ||||
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fernvale
Master |
12-Aug-2015 19:40
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x 0
x 0 Alert Admin |
europe lao tua sai. dj futures now -0.83% (source:cnbc). maybe when wake up tmr morning at least 1.5%. up up record so long liao, time to come down lah |
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Peter_Pan
Supreme |
12-Aug-2015 18:42
Yells: "kopi-o siu dai mai hum!" |
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x 0
x 0 Alert Admin |
the downward momentum is bery strong...you know the fibonacci pattern? up then retrace down a bit then big up....now is down then retrace up a bit then big down yah!?!
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risktaker
Supreme |
12-Aug-2015 18:39
Yells: "Posts are opinions. Do not take it as investment advise " |
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x 0
x 0 Alert Admin |
US futures recovering huat ah.... | ||||
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edwinjup
Supreme |
12-Aug-2015 18:24
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x 0
x 0 Alert Admin |
If market crash...coming election will be interesting...lol
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WanSiTong
Supreme |
12-Aug-2015 18:02
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x 0
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Update Singapore stocks post biggest drop since October 2011 on ChinaAugust 12, 2015 : 5:37 PM Singapore stocks tumbled, with the benchmark Straits Times Index posting its biggest decline in almost four years amid concerns China' s currency devaluation will hurt bank earnings and slow economic growth. The Straits Times Index sank 2.9% to 3,061.49 at the close of trading in Singapore. DBS Group Holdings , Oversea- Chinese Banking Corp.  and United Overseas Bank , the nation' s three key lenders, each slumped at least 4% and were the biggest contributors to the benchmark' s decline. Singapore banks have been making inroads into China and the People' s Bank of China' s move to devalue its currency will hurt their earnings, according to Daiwa Securities Group Inc. China' s yuan tumbled, sparking the biggest two-day selloff in Asian currencies since 1998 after the PBOC' s reference rate was cut to the weakest level since 2012. " Their exposure to China provides additional headwinds for the Singapore banks," David Lum, an analyst at Daiwa Securities in Singapore, said by phone. " Their base is still Singapore and Asean, which is also not doing well." The Straits Times Index has lost 9% this year, the worst-performing stock gauge in the developed world after Greece. The Greater China region made up 30% of pretax profit at DBS in the first half, the most among the three Singapore lenders. The region accounted for about a fifth of OCBC' s pretax profit and about 11% of UOB' s. China Sentiment " It' s mainly a sentiment issue here from China," Hans Goetti, head of investment for Asia, at Banque Internationale a Luxembourg SA. The profitability of Singapore banks will probably be limited as " China has slowed down aa lot already," he said. Singapore slashed the upper end of its growth forecast for 2015 on Tuesday after the economy shrank last quarter, signaling a softened outlook as China' s slowing growth takes its toll on the city-state' s export-dependent economy. While Singapore' s banks are among the best-capitalised in the world, loan recovery is suffering after government curbs drove home sales to a six-year low in 2014, oil prices slumped and Southeast Asian economies faltered. Lenders have placed 2.3% of their loan books , the most since 2009, in a " special mention" category that signals potential weakness. In neighbouring Malaysia, concerns are mounting as the currency trades at a 17-year low in an economy that' s probably growing at the slowest pace in more than two years, according to a Bloomberg survey before a report Thursday. CapitaLand , Singapore' s biggest developer with almost half of its assets under management in China, dropped 4.7%, while rival City Developments  lost 3.5%. Noble Group sank 11% amid a rout in raw material prices and ongoing criticism of its accounting, even as Asia' s largest commodity trader resumed stock buybacks.  
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junction
Master |
12-Aug-2015 17:54
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x 0
x 0 Alert Admin |
Even if tomolo up dare not enter.   Scared of dead cat bounce. Is this the ' predicted' 2015 crash?
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risktaker
Supreme |
12-Aug-2015 17:34
Yells: "Posts are opinions. Do not take it as investment advise " |
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x 0
x 0 Alert Admin |
ur chart different from mine?
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Peter_Pan
Supreme |
12-Aug-2015 17:29
Yells: "kopi-o siu dai mai hum!" |
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x 0
x 0 Alert Admin |
是 meh? 是 meh? |
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risktaker
Supreme |
12-Aug-2015 17:21
Yells: "Posts are opinions. Do not take it as investment advise " |
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x 0
x 0 Alert Admin |
i really think over done...... over sold... should rebound from here.... | ||||
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Peter_Pan
Supreme |
12-Aug-2015 17:16
Yells: "kopi-o siu dai mai hum!" |
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x 0
x 0 Alert Admin |
the ang mohs markets are having a bloody blood bath... |
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