| Latest Forum Topics / Straits Times Index |
|
|
STI to cross 3000 boosted by long-term investors
|
|||||
|
WanSiTong
Supreme |
19-May-2015 13:22
|
||||
|
x 0
x 0 Alert Admin |
Noon Market STI stuck in negative territory  May 19, 2015 : 1:05 PM Singapore stocks held on to losses, given a lack of leads to prop up investor interest. At 12:18pm (0418 GMT), the Straits Times Index dipped 0.20% to 3,452.60. Market breadth was nonetheless slightly positive, with 200 gainers as compared to 173 decliners. The Straits Times Index came off from its intraday peak of 3,465.15 and low of 3,450.42. Volume amounted to 1.1 billion shares worth $466.4 million changing hands. Keppel Corp , OCBC , Singtel , SGX and Genting Singapore  were among the most active stocks in the market. Among active decliners, c a s i n o operator Genting Singapore continued to shed 2.6% after reporting last week a 73% plunge in 1Q2015 earnings to $62.7 million as the number of mainland high-rollers declined due to China' s ongoing anti-graft crackdown. Offshore services provider Ezion Holdings inched up 0.9% after brokerage firm Maybank Kim Eng maintained a " buy" call on its stock with a price target of $1.57, and said " We believe the market sell-down is overdone." Ezion was sued by a partner which accused it of inducing an AP Moeller-Maersk unit to breach charter agreements. Accordia Golf Trust (AGT), which owns 89 golf courses in Japan, traded flat despite reporting a lower-than-expected maiden distribution weighed down by a weaker yen. For the period from Aug 1 to March 31, distribution per unit came in at 5.71 cents, below its forecast of 6.15 cents. Stocks that went ex-dividend today included Boardroom Limited , Innovalues Limited  and Vallianz Holdings .   |
||||
| Useful To Me Not Useful To Me | |||||
|
risktaker
Supreme |
19-May-2015 08:06
Yells: "Posts are opinions. Do not take it as investment advise " |
||||
|
x 0
x 0 Alert Admin |
?水 至 清 则 无 鱼 , 人 至 察 则 无 徒 ?这 句 俗 话 , 源 于 《 大 戴 礼 记 ·子 张 问 入 官 》 , 《 汉 书 . 东 方 朔 传 》 也 有 同 样 的 用 法 , 后 人 多 用 此 告 诫 人 们 指 责 人 不 要 太 苛 刻 、 看 问 题 不 要 过 于 严 厉 , 否 则 , 就 容 易 使 大 家 因 害 怕 而 不 愿 意 与 之 打 交 道 , 就 像 水 过 于 清 澈 养 不 住 鱼 儿 一 样 | ||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
WanSiTong
Supreme |
19-May-2015 08:00
|
||||
|
x 0
x 0 Alert Admin |
Market Preview Shares seen getting boost in early trading from new highs on Wall StreetFresh record highs set overnight by the Dow Jones Industrial Average and S& P 500 may lift Singapore shares in early trading, although the session may be choppy given a lack of leads to sustain investor interest. " First-quarter report cards in Singapore largely disappointed," said Maybank Kim Eng' s Singapore research head Ng Wee Siang. " Without catalysts, we expect the market to trade sideways with a downward bias." The Dow edged up 0.1% to 18,298.88, the S& P 500 rose 0.3% to 2,129.20 and the Nasdaq Composite put on 0.6% to 5,078.44.   In Singapore, the Straits Times Index ended 0.1% lower at 3,459.57 yesterday. COMPANIES IN THE NEWS Accordia Golf Trust (AGT), which listed on Aug 1 last year, reported a lower-than-expected maiden distribution, which it blames on the weaker yen.   For the period from Aug 1 to March 31, distribution per unit came in at 5.71 cents, below its forecast of 6.15 cents. AGT shares ended 0.6% lower at 80 cents yesterday. Centurion Corp has won a tender to operate a 10-storey student hostel at Short Street in Singapore. Centurion shares ended flat at 54.5 cents yesterday. Golden Agri-Resources' deputy president Simon Lim has resigned after 13 years with the company. Lim, 52, will also relinquish his role as executive director. Golden Agri shares ended 1.2% lower at 42.5 cents yesterday. Nera Telecommunications has clinched a contract worth $13.1 million to supply, install and maintain Internet Protocol network equipment and software for a nation-wide broadband project in Southeast Asia. NeraTel shares ended 2.3% higher at 66.5 cents yesterday. Figtree Holdings has secured its second government-approved settlement housing development project in China through its joint venture company. Figtree shares rose 2.1% to 14.9 cents yesterday. Midas Holdings has secured RMB328.9 million ($71 million) worth of contracts to supply train-car body components to CNR Changchun Railway Vehicle and CNR Tangshan Railway Vehicle. Midas shares fell 2.6% to 37 cents yesterday. Boustead Projects has clinched a $34-million contract to design and build an integrated commercial and logistics facility in Sungei Kadut Industrial Estate for World Furnishing Hub, a joint venture of Hafary Holdings. Boustead Projects shares ended flat at 95 cents yesterday. GSS Energy will invest US$5 million ($6.6 million) in Ramba Energy' s West Jambi exploration project in Sumatra. GSS Energy shares ended 1.9% higher at 27 cents yesterday.   |
||||
| Useful To Me Not Useful To Me | |||||
|
teeth53
Supreme |
19-May-2015 07:30
Yells: "don't learn through life, learn to grow with life " |
||||
|
x 0
x 0 Alert Admin |
DOW Markets Updated: Closed positive :))
|
||||
| Useful To Me Not Useful To Me | |||||
|
WanSiTong
Supreme |
18-May-2015 13:12
|
||||
|
x 0
x 0 Alert Admin |
Noon Market STI in negative territory on lack of positive newsMay 18, 2015 : 1:01 PM Singapore shares held on to losses on a lack of positive signals. At 12:17pm (0417 GMT), the Straits Times Index slipped 0.17% to 3,457.24. Market breadth was slightly positive, with 178 gainers and 170 decliners. The Straits Times Index came off from its intraday peak of 3,467.23 and low of 3,451.57. Volume was light, with 635.2 million shares worth $426.6 million changing hands. Singtel , Ezion Holdings , Capitaland , Keppel Corp  and DBS Group remained among the most active stocks in the market. Among active decliners, Ezion Holdings continued to shed around 4% on news that it was sued by a partner which accused the Singapore-based offshore service provider of a conspiracy to induce an AP Moeller-Maersk unit to breach charter agreements. Ezion, which last week posted a 9.4% fall in first-quarter net income to $41 million, described the operating environment as " challenging" after a drastic drop in oil prices. Mermaid Maritime also tumbled about 6%. Last week, it posted a 1QFY2015 net loss of US$15.8 million, due to a low season as well as having three of its highest-earning vessels in dry dock. Meanwhile, Cosco Corp  gained 1% after announcing end of last week that it secured a contract to build one tanker emergency response vessel. The vessel is expected to be delivered in the first quarter of 2017. Stocks that went ex-dividend today included Yangzijiang Shipbuilding , Hotel Royal Limited , Breadtalk Group , and Asia Enterprises Holding .   |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
Shirleyfong88888
Veteran |
18-May-2015 10:51
|
||||
|
x 0
x 0 Alert Admin |
Mkt so weak!😞 |
||||
| Useful To Me Not Useful To Me | |||||
|
WanSiTong
Supreme |
18-May-2015 08:22
|
||||
|
x 0
x 0 Alert Admin |
Market Preview Singapore shares seen consolidating any upside likely minimalSingapore shares are likely to consolidate around their current levels until some positive triggers emerge. On Wall Street last Friday, the Dow Jones Industrial Average inched up 0.1% to 18,272.56, the S& P 500 put on 0.1% to 2,122.73 and the Nasdaq Composite slipped 0.1% to 5,048.29. The Straits Times Index ended 0.2% higher at 3,463.10 last Friday. COMPANIES IN THE NEWS Starhub reported 1Q2015 earnings of $73.7 million, down from $84.2 million a year earlier. Starhub shares ended 0.7% higher at $4.27 last Friday. Cosco Corp  has secured a contract to build a vessel for Sentinel Marine, a UK company. Cosco shares closed at 51.5 cents last Friday. Straits Trading reported 1Q2015 earnings of $2.4 million, down from $5.9 million a year earlier. Straits Trading shares were not traded last Friday. They last closed at $2.86. Yoma Strategic Holdings has opened a water treatment plant built by Hyflux at its Pun Hlaing Golf Estate development in Yangon.   Yoma shares ended 3.1% higher at 50.5 cents last Friday. Rising competition took a toll on China Sports International ' s bottom line in 1Q2015. Earnings fell to RMB8.9 million ($1.9 million) from RMB12.8 million a year earlier, as revenue declined 43.6% to RMB103.5 million. China Sports shares ended flat at 1.9 cents last Friday. OLS Enterprise reported earnings of $677,000 for the quarter ended March 31, down from $28.7 million a year earlier. OLS shares ended flat at 0.6 cent last Friday. EMS Energy  will place out 88 million new shares at 2.3 cents each to raise $2 million. EMS shares were not traded last Friday. They last closed at 2.3 cents. First Sponsor Group has set up a $1-billion multi-currency debt programme for general corporate purposes. First Sponsor shares ended flat at $1.27 last Friday. Asia Fashion Holdings reported 1Q2015 earnings of RMB702,000, reversing a loss of RMB638,000 a year earlier. Asia Fashion shares were not traded last Friday. They last closed at 3.4 cents. Full Apex (Holdings)  reported 1Q2015 earnings of RMB2.3 million, reversing a loss of RMB55.6 million a year earlier. Full Apex shares ended 2% higher at 5.1 cents last Friday. BlackGold Natural Resources turned in a net loss of US$25.9 million for the quarter ended March 31. It lost US$41.7 million in the same period last year. BlackGold shares fell 9.1% to 20 cents last Friday. Foreland Fabrictech Holdings incurred a 1Q2015 net loss of RMB1.6 million, compared to a loss of RMB5.9 million a year earlier. Foreland Fabrictech shares were not traded last Friday. They last closed at 0.8 cent. Hong Fok Corp ' s 1Q2015 earnings fell to $853,000 from $7 million a year earlier. Hong Fok shares ended flat at 91 cents last Friday. Tiong Seng Holdings  ' 1Q2015 earnings rose to $3.2 million from $1.6 million a year earlier. Tiong Seng shares rose 7.4% to 14.5 cents last Friday. SunMoon Food reported 1Q2015 earnings of $74,000, down from $143,000 a year earlier. SunMoon shares ended 1.8% lower at 5.6 cents last Friday. Craft Print International  incurred a net loss of $1.9 million for the six months ended March 31, compared to a loss of $2.4 million a year earlier. Craft Print shares were not traded last Friday. They last closed at 6.2 cents. InnoPac Holdings  incurred a 1Q2015 net loss of $1.8 million, compared to a loss of $2.5 million a year earlier. InnoPac shares fell 14.3% to 0.6 cent last Friday. Sunmart Holdings turned in a 1Q2015 net loss of RMB1.2 million, compared to a loss of RMB12.2 million a year earlier. Sunmart shares were not traded last Friday. They last closed at 11.5 cents. Mermaid Maritime incurred a 1Q2015 net loss of US$15.8 million, compared to earnings of US$5.2 million a year earlier. Mermaid Maritime shares ended flat at 22.5 cents last Friday. PNE Industries  reported earnings of $3.7 million for the six months ended March 31, compared to earnings of $3 million a year earlier. PNE shares were not traded last Friday. They last closed at 13.5 cents. Debao Property Development  incurred a 1Q2015 net loss of RMB35.2 million, compared to a loss of RMB5.8 million a year earlier. Debao shares were not traded last Friday. They last closed at 2.1 cents. Hor Kew Corp  reported a 1Q2015 net loss of $472,000, compared to earnings of $365,000 a year earlier. Hor Kew shares ended flat at 0.4 cent last Friday. Mencast Holdings  ' 1Q2015 earnings fell 43% y-o-y to $1.1 million. Mencast shares were not traded last Friday. They last closed at 38 cents. AVIC International Maritime Holdings incurred a 1Q2015 net loss of RMB11.6 million, compared to a loss of RMB5.6 million a year earlier. AVIC shares ended 0.9% lower at 11.3 cents last Friday. Lereno Bio-Chem  reported a net loss of $360,000 for the quarter ended March 31, compared to a loss of $296,000 a year earlier. Lereno Bio-Chem shares rose 25% to 0.5 cent last Friday. Oceanus Group incurred a 1Q2015 net loss of RMB61 million, compared to a loss of RMB17.1 million a year earlier. Oceanus shares ended flat at 1.1 cents last Friday. YuuZoo Corp turned in 1Q2015 earnings of US$3.2 million, reversing a loss of US$1.1 million a year earlier. YuuZoo shares fell 0.6% to 17.3 cents last Friday. Lum Chang Holdings' earnings for the quarter ended March 31 swelled to $19.8 million from $3.2 million a year earlier. Lum Chang shares rose 1.4% to 37 cents last Friday. Ying Li International incurred a 1Q2015 net loss of RMB455,000, compared to earnings of RMB33.7 million a year earlier. Ying Li shares rose 2% to 25 cents last Friday. Zhongmin Baihui Retail Group' s 1Q2015 earnings rose to RMB22.6 million from RMB12.3 million a year earlier. Zhongmin Baihui shares ended flat at $1.83 last Friday. Grand Banks Yachts reported a net loss of $1.1 million for the quarter ended March 31, compared to earnings of $542,000 a year earlier. Grand Banks Yachts shares fell 4% to 24 cents last Friday. International Healthway Corp reported 1Q2015 earnings of $613,000, down from $973,000 a year earlier. International Healthway shares rose 1.7% to 29.5 cents last Friday. Auric Pacific Group slipped into the red in 1Q2015 with a net loss of $751,000, reversing a profit of $311,000 a year earlier. Auric shares ended 1.3% higher at 81 cents last Friday. United Engineers' 1Q2015 earnings rose to $25 million from $7.7 million a year earlier. United Engineers shares ended flat at $2.59 last Friday. Linc Energy reported a net loss of US$28.2 million for the quarter ended March 31, compared to a loss of US$48.8 million a year earlier. Linc Energy shares rose 10.6% to 26 cents last Friday. Amtek Engineering reported earnings of US$10.1 million for the quarter ended March 31, compared to earnings of US$1.9 million a year earlier. Amtek shares closed at 65 cents last Friday. Halcyon Agri reported 1Q2015 earnings of US$1.2 million, up from US$352,000 a year earlier. Halcyon shares closed at 74 cents last Friday.   |
||||
| Useful To Me Not Useful To Me | |||||
|
WanSiTong
Supreme |
16-May-2015 07:23
|
||||
|
x 0
x 0 Alert Admin |
Dow +0.11%  18,272.56   /  +20.32 Nasdaq -0.05%  5,048.29   /  -2.51 S& P +0.08%  2,122.73   /  +1.63 S& P ekes out second record close after lackluster data U.S. shares ended little changed on Friday, with the S& P 500 edging up to a record high for a second straight session after a ream of weak economic data. The S& P 500 gained 1.63 points, or 0.08 percent, to end at 2,122.73. That followed a more substantial 1.08 percent jump on Thursday that fueled speculation the benchmark index might trend higher after having oscillated in a range for much of the past three months. However, weak industrial output and consumer sentiment reports on Friday did little to instill confidence in investors about the economy' s growth momentum. The major indices spent most of the day in the red. &ldquo With the markets treading, it' s really reflecting what' s happening in the general economy," said Warren West, principal at Greentree Brokerage Services in Philadelphia. &ldquo The rest of the economy' s not breaking out, so how can the market?&rdquo The Dow Jones industrial average rose 20.32 points, or 0.11 percent, to end at 18,272.56. The Nasdaq Composite dropped 2.50 points, or 0.05 percent, to 5,048.29. For the week, the Dow closed 0.4 percent higher, the S& P rose 0.3 percent and the Nasdaq added 0.9 percent. On Friday, seven of the 10 major S& P 500 sectors rose, with the utilities index up 1.26 percent. Bank of America, which dropped 1.02 percent, weighed most on the S& P 500, while Netflix was its strongest positive influence. Netflix rose 4.50 percent to $613.24 after Bloomberg reported it was in talks to enter China. The stock has soared 80 percent this year. Industrial output slipped 0.3 percent, weighed by a decline in production by mining companies and utilities. Economists had forecast a rise of 0.1 percent. U.S. consumer sentiment also fell more than expected in May and was at its lowest since October. Adding to the negative tone, economists cut their forecasts for U.S. economic growth in the second quarter and the full year, and trimmed expectations for U.S. labor market gains. " There is some concern about the first-quarter weakness spilling into the current quarter," said Ilya Feygin, managing director at WallachBeth Capital in New York. Yum Brands rose 4.38 percent after J.P. Morgan upgraded the stock to " overweight" and said the likelihood was increasing that the KFC owner might spin off its China business. Next week' s most closely watched quarterly earnings scorecard will come from the world' s largest retailer, Wal-Mart, which reports early on Tuesday. Fed Chair Janet Yellen will speak about the economic outlook on Friday. Advancing issues outnumbered declining ones on the NYSE by 1,732 to 1,313, for a 1.32-to-1 ratio on the upside on the Nasdaq, 1,381 issues fell and 1,365 advanced for a 1.01-to-1 ratio favoring decliners. About 5.7 billion shares changed hands on U.S. exchanges, below the 6.2 billion average for the last five sessions, according to BATS Global Markets. The benchmark S& P 500 index posted 38 new 52-week highs and 3 new lows during Friday' s session the Nasdaq Composite recorded 94 new highs and 35 new lows.   |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
WanSiTong
Supreme |
15-May-2015 13:32
|
||||
|
x 0
x 0 Alert Admin |
Noon Market STI loses ground Genting Singapore, Capitaland retreatMay 15, 2015 : 1:13 PM Wall Street' s overnight advance did not seem to rub off on Singapore shares. At 12:21pm (0421 GMT), the Straits Times Index dipped 0.10% to 3,452.40. Market breadth was slightly positive, with 179 gainers and 165 decliners. The Straits Times Index came off from its intraday peak of 3,462.70 and low of 3,448.90. Volume was light, with 520.3 million shares worth $462.2 million changing hands. Among active decliners, c a s i n o operator Genting Singapore fell as much as 7.9% after reporting a 73% plunge in 1Q2015 earnings to $62.7 million. This was underpinned by lower mainland high-rollers due to China' s ongoing anti-graft crackdown. Property developer CapitaLand fell nearly 2% to $3.48 after announcing an issue of up to $800 million of convertible notes to fund buybacks of outstanding bonds. The share price decline may be due to concerns over dilution. CWT slipped around 5% to $1.83 after the commodities trader and supply chain manager posted a 16% y-o-y decline in 1Q2015 earnings to $29.2 million. Meanwhile, Thai Beverage rose about 2% to 0.76 cents in active trading after registering a 10% y-o-y in its 1Q2015 earnings to THB6.58 billion ($259 million), bolstered by better performance in both its spirits and beer segments. Ascendas Hospitality Trust also requested for lifting of trading halt, after announcing plans to sell its property Pullman Cairns for A$75.1 million ($80 million), with a portion of proceeds to be used to repay existing debt.  
|
||||
| Useful To Me Not Useful To Me | |||||
|
WanSiTong
Supreme |
15-May-2015 08:26
|
||||
|
x 0
x 0 Alert Admin |
Market Preview Singapore shares seen getting a boost from Wall Street rallyA rally on Wall Street overnight, which lifted the S& P 500 to a record high, is likely to boost Singapore shares in early trading. The Dow Jones Industrial Average rose 1.1% to 18,252.24, the S& P 500 climbed 1.1% to 2,121.10 and the Nasdaq Composite put on 1.4% to 5,050.80. In Singapore, the Straits Times Index ended 0.1% higher at 3,455.78 yesterday. COMPANIES IN THE NEWS Singapore Airlines' earnings for the fourth quarter ended March 31 rose to $39.6 million from $27 million a year earlier. SIA shares ended 0.3% lower at $11.64 yesterday. Genting Singapore ' s1Q2015 earnings fell 73% y-o-y to $62.7 million. Genting shares fell 1% to $1.015 yesterday. Neptune Orient Lines reported a 1Q2015 net loss of US$10.8 million, compared to a loss of US$97.9 million a year earlier. NOL shares fell 0.9% to $1.105 yesterday. Thai Beverage' s 1Q2015 earnings rose 10% y-o-y to THB6.58 billion. ThaiBev shares ended 0.7% higher at 74.5 cents yesterday. Olam International' s earnings for the quarter ended March 31 tumbled to $31.3 million from $396.1 million a year earlier, hurt by lower revenue, an absence of one-off gains, and a loss from a bond buyback. Olam shares ended 1.5% lower at $2.00 yesterday. Macquarie International Infrastructure Fund (MIIF is selling its 81% stake in Hua Nan Expressway, its remaining investment, for $110 million, marking the end of a series of divestments that started in 2013. MIIF shares ended flat at 8.4 cents yesterday. CWT' s 1Q2015 earnings fell 16% y-o-y to $29.2 million. CWT shares ended 1.9% higher at $1.92 yesterday. Midas Holdings reported 1Q2015 earnings of RMB10.9 million, down from RMB11.5 million a year earlier. Midas shares ended 1.3% lower at 37 cents yesterday. SHS Holdings' 1Q2015 earnings fell 30% y-o-y to $2.7 million. SHS shares ended flat at 23 cents yesterday. Global Yellow Pages  turned in a net profit of $456,000 for the quarter ended March 31, reversing a loss of $341,000 a year earlier. Global Yellow Pages shares fell 2.9% to 33 cents yesterday. Pteris Global  reported a 1Q2015 net loss of $504,000, compared to a loss of $2.7 million a year earlier. Pteris Global shares ended flat at 67 cents yesterday. Infinio Group  will place out 120 million new shares at 0.27 cent each to KKI International, from which it will also take a loan of $176,000. Infinio shares ended 25% lower at 0.3 cent yesterday. CDW Holding reported 1Q2015 earnings of US$1.6 million, compared to US$1.4 million a year earlier. CDW shares rose 4.8% to 22 cents yesterday. Banyan Tree Holdings' 1Q2015 earnings came in at $4 million, little changed from a year earlier. Banyan Tree shares ended flat at 52.5 cents yesterday. IEV Holdings  reported a 1Q2015 net loss of RM869,000, reversing a profit of RM2.2 million a year earlier. IEV shares rose 1.4% to 7.1 cents yesterday.   Advance SCT  incurred a 1Q2015 net loss of $942,000, reversing a profit of $280,000 a year earlier. Advance SCT shares were not traded yesterday. They last closed at 0.1 cent. Otto Marine  turned in a 1Q2015 net loss of US$13.2 million, compared to a loss of US$14.4 million a year earlier. Otto Marine shares fell 3.1% to 3.1 cents yesterday. Courage Marine reported a 1Q2015 net loss of US$2.4 million, compared to a loss of US$1 million a year earlier. Courage Marine shares ended 2.6% lower at 55.5 cents yesterday. Wilton Resources Corp reported a loss of IDR6.7 billion for the quarter ended March 31. It lost IDR13.1 billion a year earlier. Wilton Resources shares fell 1.1% to 8.8 cents yesterday. Hotel Royal' s 1Q2015 earnings fell 15.4% y-o-y to $2.2 million. Hotel Royal shares rose 0.5% to $3.71 yesterday. New Toyo International reported 1Q2015 earnings of $2.2 million, down from $2.4 million a year earlier. New Toyo shares rose 2% to 25 cents yesterday. Heeton Holdings ' 1Q2015 earnings fell to $1.5 million from $2.4 million a year earlier. Heeton shares rose 2.5% to 62 cents yesterday. Isetan (Singapore)  turned in a 1Q2015 net loss of $2.3 million, compared to earnings of $265,000 a year earlier. Isetan shares were not traded yesterday. They last closed at $4.40. Asiatravel.com Holdings reported a net loss of $2.1 million for the quarter ended March 31, compared to a loss of $1.8 million a year earlier. Asiatravel.com shares fell 1.1% to 18.3 cents yesterday. Luzhou Bio-Chem Technology returned to the black in 1Q2015 with earnings of RMB8.9 million. It lost RMB42.8 million a year earlier. Luzhou shares fell 4.5% to 2.1 cents yesterday.   |
||||
| Useful To Me Not Useful To Me | |||||
|
WanSiTong
Supreme |
15-May-2015 06:26
|
||||
|
x 0
x 0 Alert Admin |
Dow +1.06%  18,252.24   /  +191.75 Nasdaq +1.39%  5,050.80   /  +69.11 S& P +1.08%  2,121.10   /  +22.62 S& P 500 ends at record high as dollar loses ground U.S. stocks ended sharply stronger on Thursday and the S& P 500 closed at a record high as investors worried less about interest rates and a weaker dollar offered the possibility of stronger sales for U.S. multinationals. The S& P 500 .SPX gained 22.62 points, or 1.08 percent, to end at 2,121.1, exceeding its previous all-time high close of 2,117.69 on April 24. The Nasdaq Composite had its strongest day since January. After oscillating in what many investors view as a range for much of the past three months, the S& P' s gain in 2015 now stands at 3 percent. The dollar moved to its lowest since January against a basket of currencies of major U.S. trading partners - good news for companies that have large foreign sales. A report showing a dip in initial claims for state unemployment benefits last week did little to change broad expectations that the U.S. Federal Reserve would not increase interest rates before the second half of 2015 at the earliest. " There' s a 50-50 chance they' re not going to raise rates this year, so why are we spending two years discussing this? Let&rsquo s focus on the fact that the economy is doing okay,&rdquo said Steve Goldman, principal of Goldman Management in Short Hills, New Jersey. " The path of least resistance is higher.&rdquo Wall Street' s top banks expect the Federal Reserve to begin raising interest rates in September, according to a Reuters poll last week. The Dow Jones industrial average .DJI rose 191.75 points, or 1.06 percent, to end at 18,252.24. The Nasdaq Composite .IXIC added 69.10 points, or 1.39 percent, to 5,050.80. All of the 10 major S& P 500 sectors were higher, with the tech index' s .SPLRCT 1.73 percent rise leading the way. Apple (AAPL.O) shares rose 2.33 percent, making the stock the biggest driver on both the Nasdaq and S& P 500. Apple' s quarterly dividend, which many shareholders reinvest, was payable on Thursday. Avon Products (AVP.N) briefly jumped as much as 27.4 percent after a regulatory filing from a firm said it had offered to buy the cosmetics company for nearly three times its market value. Avon said it had not received an offer. Shake Shack (SHAK.N) fell 4.18 percent to $65.50 after the hamburger chain reported a surprise adjusted quarterly profit. The stock debuted in January at a listing price of $21. The S& P 500 posted 31 new 52-week highs and 5 new lows the Nasdaq Composite recorded 101 new highs and 29 new lows. Advancing issues outnumbered declining ones on the NYSE by 2,339 to 744, for a 3.14-to-1 ratio on the Nasdaq, 1,909 issues rose and 861 fell, for a 2.22-to-1 ratio favoring advancers. " When you get those kinds of advance-decline numbers, that means there' s a lot of buying. That' s what impresses me on days like today," said Frank Gretz, a technical analyst at Wellington Shields & Co, a brokerage in New York. " A day like today clears the air to the upside." About 6.0 billion shares changed hands on U.S. exchanges, below the 6.3 billion average for the last five sessions, according to BATS Global Markets.   |
||||
| Useful To Me Not Useful To Me | |||||
|
gavinl
Supreme |
15-May-2015 05:51
|
||||
|
x 0
x 0 Alert Admin |
Huat ah, strong closing for DOW. | ||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
victortan
Elite |
14-May-2015 22:13
|
||||
|
x 0
x 1 Alert Admin |
 US dollar is falling down, good for stock. good for commodities, esp OIL |
||||
| Useful To Me Not Useful To Me | |||||
|
Demostation
Supreme |
14-May-2015 13:33
|
||||
|
x 0
x 0 Alert Admin |
Ok, check your inbox. Good luck.
|
||||
| Useful To Me Not Useful To Me | |||||
|
sriramanv
Master |
14-May-2015 13:22
|
||||
|
x 0
x 0 Alert Admin |
Bro Demostation, Can you refer them to me also? I am also looking into HK and US. Quit STI already... Cheers |
||||
| Useful To Me Not Useful To Me | |||||
|
Demostation
Supreme |
14-May-2015 13:20
|
||||
|
x 0
x 0 Alert Admin |
Hi DaveCheng, I have sent 3 names for you to consider trading HK and US stocks with them for low fees.   Please note that I do not earn any referral fees by these companies, so I hold no responsibilities for your profits or losses while trading. You need to apply a trading account as an independant trader with each of them.   Just go to their web sites and apply and follow their instructions on how to send them official documents. Good Luck!
|
||||
| Useful To Me Not Useful To Me | |||||
|
Davecheng
Member |
14-May-2015 12:57
|
||||
|
x 0
x 0 Alert Admin |
Great !!! Looking out for your advice, thanks again!!!
|
||||
| Useful To Me Not Useful To Me | |||||
|
WanSiTong
Supreme |
14-May-2015 12:37
|
||||
|
x 0
x 0 Alert Admin |
Noon Market Singapore shares pare gains WE Holdings heavily tradedSingapore shares surrendered gains as investors were quick to book profits amid a lack of catalysts and lingering concerns over the recent selloff in global sovereign bonds. At 12:13pm (0413 GMT), market breadth was neutral. The Straits Times Index was 0.1% lower at 3,448.70, off its morning high of 3,465. WE Holdings  was the most active stock in the market, down 14.3% at 0.6 cent, with more than 291 million shares traded. The company, which is seeking to become a commodities supplier, recently launched a massive warrants issue. Pacific Radiance fell 4.6% to 62.5 cents after the company said its 1Q2015 earnings tumbled to US$902,000 from US$17.8 million a year earlier on lower demand for its subsea services and offshore support vessels. An absence of vessel sales, which boosted its bottom line in 1Q2014, also took a toll Pacific Radiance' s profitability. SATS rose 1.9% to $3.23. The airport ground-handler proposed a final dividend of nine cents a share, up from eight cents the previous year, after reporting higher earnings for the fourth quarter and full year ended March 31. The payout brought its full-year dividend to 14 cents a share. Vard Holdings  fell 6.2% to 53 cents on disappointment with the shipbuilder' s 1Q2015 results. It sank into the red in 1Q2015 with a net loss of NOK92 million ($16.3 million), hurt by foreign-exchange losses. It earned NOK92 million in the same period last year.  
|
||||
| Useful To Me Not Useful To Me | |||||
|
Demostation
Supreme |
14-May-2015 12:19
|
||||
|
x 0
x 0 Alert Admin |
There are two that I know are very reliable.   WIll message you.   Look out for it at your inbox after lunch.
|
||||
| Useful To Me Not Useful To Me | |||||
|
Davecheng
Member |
14-May-2015 12:16
|
||||
|
x 0
x 0 Alert Admin |
Do you know of any broker (not singapore, as brokerage is still extremely high) for HK and US market that can recommend? Appreciated.
|
||||
| Useful To Me Not Useful To Me | |||||

