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STI to cross 3000 boosted by long-term investors
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teeth53
Supreme |
02-May-2015 18:33
Yells: "don't learn through life, learn to grow with life " |
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Stocks rally 1% with Dow up triple digits biotech, Apple recover to boost Nasdaq DOW JIA - 18024.06 points +183.54+1.03%
S& P 500 - 2108.29 +22.78+1.09%
NASDAQ - 5005.39 +63.97+1.29%
STI Monday $4th May 2015. ???> :))
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teeth53
Supreme |
01-May-2015 17:04
Yells: "don't learn through life, learn to grow with life " |
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Monday$th May, 2015. Let see selling May come early? or late? or a none event?. Last day of April (Thursday). STI - Index closed Straits Times - 3,487.39 points, +0.24 pt or +0.01%
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teeth53
Supreme |
01-May-2015 16:56
Yells: "don't learn through life, learn to grow with life " |
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That is for U.S. mkt and read some where is effecting about U.S. 40% over all. Remaining 60% may turn to China n or Euro for their Q?. Regional bourses here in Asean mkt can find some consolation from China / HK when going is good.
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WanSiTong
Supreme |
01-May-2015 06:53
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Dow -1.08% 17,840.52 / -195.01 Nasdaq -1.64% 4,941.42 / -82.22 S& P -1.01% 2,085.51 / -21.34 Stock market hammered despite upbeat data U.S. stocks, led by the Nasdaq, sold off on Thursday as Apple shares declined, and tech and biotech quarterly results disappointed. Upbeat economic reports added to uncertainty about the outlook for interest rates, a day after data showed the U.S. economy had slowed to a crawl in the first quarter and the Federal Reserve pointed to weakness in the labor market and other areas of the U.S. economy. Despite the day' s decline, all three major indexes posted slight gains for April. The Nasdaq biotech index .NBI dropped 3.1 percent on Thursday, led by a 4.5 percent fall in Celgene (CELG.O), which reported lower-than-expected quarterly revenue. The decline marked a fifth day of losses for the biotech index, which was down 8.1 percent for the week so far. The Nasdaq fell for a fourth straight day, and was off 3 percent from Friday' s record closing high. The S& P tech index .SPLRCT slid 1.6 percent, the day' s worst-performing sector, while small-cap stocks also underperformed. The Russell 2000 small-cap index .RUT was down 2.2 percent. Apple (AAPL.O), down 2.7 percent at $125.15, was the biggest drag on the three major indexes. The company limited the availability of the Apple Watch after a key component was found to be defective, according to the Wall Street Journal. " Biotechs and tech were leaders and now they' ve reversed," said Peter Cardillo, chief market economist at Rockwell Global Capital in New York. " Earnings don' t really support the valuations at this time, and I think the market needs to correct a bit. As we go into May I would say the best prescription would be to sell in May and go away." The Dow Jones industrial average .DJI fell 195.01 points, or 1.08 percent, to 17,840.52, the S& P 500 .SPX lost 21.34 points, or 1.01 percent, to 2,085.51 and the Nasdaq Composite .IXIC dropped 82.22 points, or 1.64 percent, to 4,941.42. For the month, the Dow was up 0.4 percent, the S& P 500 gained 0.9 percent and the Nasdaq rose 0.8 percent. The day' s data included a report showing the number of Americans filing new claims for unemployment benefits tumbled to a 15-year low last week. After the bell, LinkedIn (LNKD.N) shares fell 24 percent to $191.70 and Gilead (GILD.O) shares gained 3.2 percent to $103.69 following the release of results. First Solar (FSLR.O) and SunPower (SPWR.O) both declined after hours following results. During the regular session, Baidu (BIDU.O) declined 8.5 percent to $200.28 after China' s dominant Internet search engine provider reported its slowest quarterly revenue growth rate in almost seven years. S& P 500 earnings for the first quarter now are expected to have risen 1.1 percent, Thomson Reuters data showed, while revenue was expected to be down 3.2 percent. Declining issues outnumbered advancing ones on the NYSE by 2,355 to 693 on the Nasdaq, 2,131 issues fell and 647 advanced. About 8.5 billion shares changed hands on U.S. exchanges, compared with the 6.3 billion daily average for the month to date, according to BATS Global Markets. |
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bishan22
Supreme |
30-Apr-2015 10:42
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Have' nt May already start to sell down...... |
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sunwukong
Master |
30-Apr-2015 08:31
Yells: "I don't buy stocks but only if its $0.001. :)" |
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Singapore shares has been and always been opening lower since many yrs ago.... how many times must we lie to ourselves or read too much nonsense from this-socalled news media? STI 3500? STI 5000? dont be a fool.......LOL
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WanSiTong
Supreme |
30-Apr-2015 07:39
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Highlight Fed' s downgrade of economic outlook signals longer rate hike waitThe Federal Reserve downgraded its view of the US labour market and economy on Wednesday in a policy statement that suggested the central bank may have to wait until at least the third quarter to begin raising interest rates. The Fed' s statement put in place a meeting-by-meeting approach on the timing of its first rate hike since June 2006, making such a decision solely dependent on incoming economic data. The data, however, have been getting worse. Just hours before the Fed' s statement, the US government reported that first-quarter gross domestic product came in much weaker than expected. The central bank acknowledged that growth had slowed in the winter months, a dimmer assessment of the economy than its view in March. And while it said the poor performance was in part due to transitory factors, it pointed to soft patches across the economy, in a sign it may have to hold off hiking rates until at least September. " The committee anticipates that it will be appropriate to raise the target range for the federal funds rate when it has seen further improvement in the labor market and is reasonably confident that inflation will move back to its 2 percent objective over the medium term," the Fed said in its statement, following a two-day meeting of its policy-setting committee. US Treasury yields added to earlier gains and short-term interest-rate futures contracts dropped slightly after the Fed statement before paring the losses. Futures traders continue to bet the Fed will wait until December to raise rates, and give an October rate rise just a 46 percent chance, according to CME FedWatch. The Fed' s guidance on Wednesday differed little from its last meeting. But unlike its March policy statement, this time the central bank did not effectively rule out hiking rates at its next meeting. That still makes a June move a possibility, though the data would have to sharply improve in the next two months for that to happen. ' A little dovish' The economy grew at an anaemic 0.2 percent annual rate in the first quarter, the Commerce Department reported early on Wednesday, well below economists' expectations for 1.0 percent growth and the fourth quarter' s 2.2 percent expansion. In its statement, the Fed said the pace of job gains had moderated, a downgrade of its view last month and a reflection of the poor March employment data. It also noted that the underutilization of labour resources was little changed - it had used the term " improved" in its March statement. " On net it seems to be a little dovish given the weaker-than-expected activity we have seen," said Gennadiy Goldberg of TD Securities. The Fed' s view of inflation changed only slightly, as it hinted at the recent stabilization of oil prices and a levelling off of the US dollar by saying " inflation continued to run below" its longer-term objective. At its last meeting the Fed had described inflation as having " declined" . " We all know the Fed would love to start normalizing rates, but the simple fact is, the data does not warrant that action right now," said Wayne Kaufman, chief market analyst at Phoenix Financial Services in New York. There were no dissents in the Fed' s policy statement on Wednesday. After the release of the statement, the Fed held a conference call with reporters to test a new conference call system that increases its flexibility to explain an interest rate hike in months when one of its quarterly press conferences is not already scheduled. |
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WanSiTong
Supreme |
30-Apr-2015 06:57
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Dow -0.41% 18,035.53 / -74.61 Nasdaq -0.63% 5,023.64 / -31.78 S& P -0.37% 2,106.85 / -7.91 Wall St. ends down after Fed statement, GDP data U.S. stocks ended lower on Wednesday as the Federal Reserve cited weakness in the U.S. economy and data showed U.S. growth slowed more sharply than expected in the first quarter. But the Fed' s acknowledgement of weakness in some sectors of the economy makes it more likely it will not be ready to raise until at least September, which kept stocks from falling further. " We all know the Fed would love to start normalizing rates, but the simple fact is, the data does not warrant that action right now," said Wayne Kaufman, chief market analyst at Phoenix Financial Services in New York. While concerned about lingering economic weakness, U.S. investors also are worried about the possibility of the Fed raising interest rates too soon. Seven of the 10 S& P 500 sectors ended lower, with just energy, financials and materials in positive territory. Insurer Humana' s (HUM.N) shares fell 7.2 percent to $168.05, the second-biggest loser on the S& P 500, after results missed forecasts. Shares of rivals also fell, including UnitedHealth (UNH.N), which was down 3.4 percent at $113.61. The S& P healthcare index .SPXHC was down 0.8 percent, the biggest drag on the S& P 500. The Dow Jones industrial average .DJI fell 74.61 points, or 0.41 percent, to 18,035.53, the S& P 500 .SPX lost 7.91 points, or 0.37 percent, to 2,106.85 and the Nasdaq Composite .IXIC dropped 31.78 points, or 0.63 percent, to 5,023.64. The central bank' s policy statement put in place a meeting-by-meeting approach toward the timing of its first rate hike since June 2006, making such a decision solely dependent on incoming economic data. Earlier in the day, data showed gross domestic product expanded at an only 0.2 percent annual rate as harsh weather put off shoppers and energy companies cut spending. Twitter (TWTR.N) fell 8.9 percent to $38.49, a day after the company cut its full-year forecast due to weak demand for its new direct response advertising. Other decliners included Wynn Resorts (WYNN.O), which fell 16.6 percent to $108.77 after the c a s i n o operator reported weaker-than-expected first-quarter profit. Salesforce.com Inc (CRM.N) jumped 11.6 percent to $74.65 after a Bloomberg report that it is working with financial advisers to help field takeover offers after being approached by a potential acquirer. Declining issues outnumbered advancing ones on the NYSE by 2,023 to 1,008, for a 2.01-to-1 ratio on the downside on the Nasdaq, 1,853 issues fell and 867 advanced for a 2.14-to-1 ratio favoring decliners. The benchmark S& P 500 posted 11 new 52-week highs and 1 new low the Nasdaq Composite recorded 54 new highs and 51 new lows. About 7.2 billion shares changed hands on U.S. exchanges, above the 6.3 billion daily average for the month to date, according to BATS Global Markets. |
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Octavia
Supreme |
29-Apr-2015 15:32
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The Jakarta Stock Exchange composite Index is down 3 .7% today, as investors speculated on potential repercussions following the execution of the " Bali Nine" , which involved citizens from Australia, Brazil and Nigeria. While we think that this could just be a knee jerk reaction, as most countries would be unwilling to hurt their own economic ties, we note that SGX related counters with exposure to Indonesia could include First REIT (healthcare), Courts Asia (retail), Jardine C& C (automotive), UOB (banking), OCBC (banking), Gallant Venture (automotive), Halcyon Agri (rubber) and Petra Foods (chocolates). |
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bishan22
Supreme |
29-Apr-2015 13:54
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Everyone is waiting for May durians .
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WanSiTong
Supreme |
29-Apr-2015 12:50
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Noon Market Limited appetite for risk as investors await Fed statementApril 29, 2015 : 12:41 PM Singapore shares tracked declines in most Asian markets as investors generally avoided taking on risk ahead of a closely watched statement to be issued by the Federal Reserve after the end of its policy meeting later in the session. At 12:39pm (0439 GMT), the Straits Times Index was down 0.2% at 3,488.45. Trading was lighter than usual, with volume slightly more than 730 million shares. UOB underperformed other blue chips, down 2.4% at $24.37, as it went ex-dividend. QT Vascular tumbled 18.5% to 22 cents on heavy volume after the maker of medical equipment used for treating vascular diseases said AngioScore, an angioplasty company, had added claims to a lawsuit in the US against the company for alleged patent infringement. Samudera Shipping Line jumped 4.5% to 35 cents after the company turned in 1Q2015 earnings of US$6.1 million ($8.1 million), up from US$414,000 a year earlier. United Engineers fell 3.3% to $2.64 as it traded ex-dividend. Far East Hospitality Trust declined 2.4% to 82 cents on concerns that business will remain under pressure after the REIT said fewer visitor arrivals to Singapore took a toll on its 1Q2015 results. " Although we expect FY15 to be a more backend-loaded year, this set of results still fell short of ours and the street' s expectations," said OCBC Investment Research analyst Andy Wong. Far East H-Trust' s 1Q2015 DPU fell to 1.07 cents from 1.30 cents a year earlier, as revenue declined 10.8% to $27.4 million and net property income was 11.3% lower at $24.5 million. |
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WanSiTong
Supreme |
29-Apr-2015 11:53
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SGX to make available more ETFs to retail investors Up to 20 exchange traded funds (ETFs) will be made available to retail investors as regulators in Singapore seek to expand the range of investment options for the public. Many ETFs are currently classified as Specified Investment Products (SIPs), which are generally derivatives or contain derivatives. Retail investors who want to buy such products must first be assessed for their level of investment knowledge and get appropriate financial advice. Less complex investment products, such as shares, real estate investment trusts and plain-vanilla bonds, are classified as Excluded Investment Products (EIPs). The ETFs that will be converted to EIPs will be predominantly cash-based, the Singapore Exchange said in a statement today. This means the funds will buy into the underlying securities to track the benchmark indices. ' As an example, a newly converted ETF to the EIP status on SGX is Asia' s most liquid SPDR® Gold ETF, which investors can also use to invest their CPF funds," SGX said. Several existing ETFs will be converted to EIPs in the next few weeks, according to Chew Sutat, SGX' s executive vice-president. To help retail investors understand ETFs, SGX will launch a new SGX ETF guide and organise complimentary seminars every month. SGX will also waive ETF clearing fees for both institutional and retail investors for a promotional period from June 1 to Dec 31. The changes come a month after the Monetary Authority of Singapore released details of the Singapore Savings Bonds, a new offering meant to help retail investors meet their long-term financial goals and retirement needs, and said more low-cost investment options would be made available to the public. |
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risktaker
Supreme |
29-Apr-2015 10:12
Yells: "Posts are opinions. Do not take it as investment advise " |
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HK and Shanghai in correction mode.... SG market going ex dividend mode ....sell and go away.... | ||||
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WanSiTong
Supreme |
29-Apr-2015 07:58
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Market Preview Any upside for Singapore shares likely modest ahead of Fed statementA mixed session on Wall Street and caution ahead of a statement by the US Federal Reserve tonight when it concludes Day 2 of its policy meeting could keep Singapore shares in check. The Dow Jones Industrial Average rose 0.4% overnight to 18,110.14, the S& P 500 climbed 0.3% to 2,114.76 and the Nasdaq Composite slipped 0.1% to 5,055.42. In Singapore, the Straits Times Index fell 0.6% to 3,495.09 yesterday. COMPANIES IN THE NEWS: Ho Bee Land reported 1Q2015 earnings of $11.6 million, up from $4.1 million a year earlier. Ho Bee shares ended 1.3% lower at $2.30 yesterday. Samudera Shipping Line reported 1Q2015 earnings of US$6.1 million ($8.1 million), up from US$414,000 a year earlier. Samudera shares ended 1.5% lower at 33.5 cents yesterday. CSE Global has secured two contracts worth a total of $40 million to develop a telecommunications system in Abu Dhabi and to provide maintenance services to a national oil company. CSE Global shares ended flat at 57.5 cents yesterday. Civil engineering firm Kori Holdings has clinched contracts worth a total of $30 million for the Thomson-East Coast MRT line. Kori shares were not traded yesterday. They last closed at 45 cents. United Overseas Insurance turned in 1Q2015 earnings of $9.4 million, down from $11.8 million a year earlier. United Overseas Insurance shares rose 1.2% to $5.06 yesterday. Logistics Holdings has teamed up with China Steel Corp to convert marine clay to engineering soil, which can be used for land reclamation and road construction. Logistics Holdings shares were not traded yesterday. They last closed at 32 cents. China Environment said its 1Q2015 earnings fell 60% y-o-y to RMB6.6 million ($1.4 million) as revenue tumbled 72% to RMB45.3 million. China Environment shares fell 1.1% to 18.3 cents yesterday. Leader Environmental Technologies reported 1Q2015 earnings of RMB521,000, compared to RMB314,000 a year earlier. Leader Environmental shares fell 7.5% to 6.2 cents yesterday. |
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WanSiTong
Supreme |
29-Apr-2015 06:37
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Dow +0.40% 18,110.14 / +72.17 Nasdaq -0.10% 5,055.42 / -4.83 S& P +0.28% 2,114.76 / +5.84 Dow, S& P 500 end up with Merck, IBM Nasdaq slips with Apple The Dow and S& P 500 ended a volatile session higher on Tuesday, helped by strong earnings from Merck and gains in IBM after it boosted its dividend, while the Nasdaq fell with Apple. Adding to volatility just before the close, shares of Twitter (TWTR.N) dropped as much as 24 percent after its results were published early. The stock closed down 18.2 percent at $42.27. IBM (IBM.N) shares rose 1.9 percent to $173.92, giving the Dow its biggest boost. The company hiked its quarterly dividend by 18 percent, the biggest increase in five years. Shares also closed above their 200-day moving average, a bullish technical signal. Apple (AAPL.O) swung between gains and losses a day after reporting results. The stock hit a record high in early trading but shares ended down 1.6 percent at $130.56, weighing on the Nasdaq. " There continues to be the bull-bear push, even with the good numbers you saw from Merck," and other companies, said Michael James, managing director of equity trading at Wedbush Securities in Los Angeles. " Apple' s numbers were phenomenal, but yet the stock is down," he added. " I think people were expecting a blowout quarter ... so it' s kind of a sell-the-news situation." The Dow Jones industrial average .DJI rose 72.17 points, or 0.4 percent, to 18,110.14, the S& P 500 .SPX gained 5.84 points, or 0.28 percent, to 2,114.76 and the Nasdaq Composite .IXIC dropped 4.82 points, or 0.1 percent, to 5,055.42. Merck (MRK.N) jumped 5 percent, its biggest percentage increase since January 2014, after reporting better-than-expected results and releasing favorable data late Monday about the safety of its Januvia diabetes drug. Whirlpool (WHR.N) fell 7.1 percent to $183.70, the biggest percentage decliner in the S& P 500, after the company cut its 2015 profit and sales forecast, blaming the strong dollar and Brazil' s stagnating economy. U.S. first-quarter earnings are now on track to post a slight gain after the mostly stronger-than-expected results, defying forecasts for the first profit decline since 2009, Thomson Reuters data showed. Contributing to day' s volatility, Iranian Revolutionary Guards forces boarded a Marshall Islands-flagged cargo ship in the Gulf, U.S. officials said. That spurred a brief rally in oil prices. Investors await the outcome of a two-day Federal Reserve meeting that ends on Wednesday, hoping for clues on when the central bank will hike interest rates. Helping the market early in the session, U.S. single-family home prices rose more than expected in February from a year earlier, according to a survey. Advancing issues outnumbered declining ones on the NYSE by 1,906 to 1,121, for a 1.70-to-1 ratio on the Nasdaq, 1,657 issues rose and 1,065 fell, for a 1.56-to-1 ratio favoring advancers. The S& P 500 posted nine new 52-week highs and no new lows the Nasdaq Composite recorded 63 new highs and 39 new lows. About 6.6 billion shares changed hands on U.S. exchanges, above the 6.3 billion daily average for the month to date, according to BATS Global Markets. |
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teeth53
Supreme |
29-Apr-2015 06:06
Yells: "don't learn through life, learn to grow with life " |
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DOW cllosed up to 18,110.14 points- Real Time by 72.17% or 0.40% :))
STI INDEX WILL BE GREEN FOR START. :) |
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Shirleyfong88888
Veteran |
28-Apr-2015 13:34
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seems admin not working.....
1:30pm still no action. |
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WanSiTong
Supreme |
28-Apr-2015 08:34
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Dear Admin, I have problem posting the Market preview .... message: FAILUREThis is an error message. Please send an email to ADMIN at [email protected] to report this problem. |
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WanSiTong
Supreme |
28-Apr-2015 07:35
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Dow -0.23% 18,037.97 / -42.17 Nasdaq -0.63% 5,060.25 / -31.84 S& P -0.41% 2,108.92 / -8.77 Wall St. ends down as biotechs drop 4 percent U.S. stocks ended down on Monday, led by losses in biotech shares after disappointing news from several companies including Amgen. The Nasdaq Biotech Index .NBI sank 4.1 percent, its biggest daily percentage loss since March 25, while the S& P Healthcare index .SPXHC, down 1.8 percent, was the biggest drag on the benchmark S& P 500 index. Amgen shares (AMGN.O) led the S& P 500' s decline, dropping 3.3 percent to $162.38 after U.S. regulators said Amgen' s skin cancer immunotherapy cannot be considered for an accelerated review at this time. Celladon Corp (CLDN.O) shares fell 80.7 percent to $2.64 and hit a record low of $2.59. It said it expected layoffs and cost cuts after the company' s lead experimental gene therapy to treat heart failure failed a key trial. Healthcare companies have been the top performers so far in 2015, helping push major stock indexes to records. Biotechs in particular have driven up the Nasdaq, which last week reached its first all-time closing high in 15 years. The sector is being dragged down by reports of high pricing by specialty pharmaceutical companies as well as the disapponting news from Celladon and Amgen, said Paul Yook portfolio manager of biotech exchange traded funds (BBC.P) and (BBP.P) at LifeSci Partners in New York. " Drug pricing has been a real concern for investors," he said. The Nasdaq biotech sector briefly fell into bear market territory a year ago following a selloff in Gilead (GILD.O) shares and concerns about valuations. But analysts said for now they don' t view Monday' s selloff as the start of a bigger drop. The Nasdaq biotech index is up more than 50 percent since April 2014. " This run in the biotechs is going to come to end at some point but I' m not panicking yet," said Bill Gunderson, president of Gunderson Capital in San Diego. " I don' t think you can look at what' s happening today and say this is the end of the biotech sector. You might just have a big institution reallocating a little bit of money here." The Dow Jones industrial average .DJI fell 42.17 points, or 0.23 percent, to 18,037.97, the S& P 500 .SPX lost 8.77 points, or 0.41 percent, to 2,108.92 and the Nasdaq Composite .IXIC dropped 31.84 points, or 0.63 percent, to 5,060.25. Also in the healthcare space, Mylan (MYL.O) fell 5.7 percent to $71.72 after it rejected Teva Pharmaceutical' s (TEVA.N) unsolicited $40 billion takeover offer, saying it " grossly undervalues" the company. Teva lost 4.3 percent to $61.63. The Health Care Select Sector SPDR (XLV.P) exchange-traded fund was down 1.8 percent. Limiting some of the day' s decline, Apple (AAPL.O) shares rose 1.8 percent at $132.65 ahead of its results. NYSE declining issues outnumbered advancers 1,923 to 1,130, for a 1.70-to-1 ratio on the Nasdaq, 1,956 issues fell and 805 advanced, for a 2.43-to-1 ratio favoring decliners. The S& P 500 posted 14 new 52-week highs and 1 new low the Nasdaq Composite recorded 101 new highs and 42 new lows. |
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WanSiTong
Supreme |
27-Apr-2015 13:41
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Noon Market Straits Times Index struggles as stocks trade ex-dividendSingapore shares struggled to head higher as investors waited for more earnings announcements and pared holdings in companies that had just gone ex-dividend. At 12:34pm (0434 GMT), the Straits Times Index was 0.1% higher at 3,515.95. Market breadth was slightly positive. " Numerous blue chips going ex-dividend during this period and the unlikelihood that the current 1Q results season will see a meaningful upward earnings revision are reasons why we think the Singapore market has paused for a breather in the near term," said DBS Vickers. Among blue chips, stocks that went ex-dividend today were CapitaMall Trust , down 1.3% at $2.24 DBS Group Holdings , down 0.5% at $20.97 Sembcorp Marine , down 2.6% at $3.02 and ST Engineering, down 4.2% at $3.61. Otto Marine fell 11.9% to 3.7 cents on heavy volume after the company received a winding-up application from a creditor, to whom it owes US$200,000 and &euro 900,000 ($1.3 million). Micro-Mechanics (Holdings) rose 5.6% to 75 cents after the company reported earnings of $3.7 million for the quarter ended March 31, up from $1.8 million a year earlier. Artivision Technologies gained 3.6% to 8.7 cents. The IT company signed an exclusive three-year contract to serve advertisements in videos owned by Walla! Communications, one of the largest web portals in Israel. |
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