Latest Forum Topics / Straits Times Index |
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STI to cross 3000 boosted by long-term investors
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Sgshares
Elite |
14-Oct-2012 21:47
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real or not? gd question. I dont take the info to heart....u do biz with Chinese before huh? sometimes really buay zun... tasted their ba wu...  
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tanglinboy
Elite |
14-Oct-2012 21:43
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Real or not? Sometimes data from China should be taken with a pinch of salt. | ||||
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Sgshares
Elite |
14-Oct-2012 16:55
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  Think is this one... China trade-surplus report surprisingly strong ![]() Reuters Exports rose 9.9% to a record monthly high of $186.4 billion in September, China’s General Administration of Customs said on Saturday. That accelerated from the 2.7% rise in August and well above the median forecast of 5.0% by 13 economists in a Dow Jones Newswires survey. Imports climbed 2.4% to $158.7 billion, the government data showed. That improved from a 2.6% fall in August and a median forecast of a 2.0% rise, The Wall Street Journal said. The September trade surplus expanded to $27.67 billion from $26.7 billion in August, surpassing a median forecast of $22.4 billion. Economists have been looking to trade data for signs that China might be shaking off its recent sluggishness. Read story about data providing clues to China’s recovery pace. For the first three quarters of the year, China said its trade surplus widened to $148.3 billion, helped by growth in exports of things from electronics to shoes. China’s encouraging trade data came after better-than-expected trade figures also reported by South Korea and Taiwan. Analysts have said a positive surprise from China would indicate positive trends heading into the fourth quarter. China also is scheduled to release industrial production figures and third-quarter gross domestic product, both due out Thursday, to give signals about health in the world’s second largest economy. The data are expected to show China’s GDP growth slowed for the seventh straight quarter to a 7.4% annualized growth rate, according to a Bloomberg survey of analysts. In the second quarter, China’s economy saw a 7.6% growth.
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bishan22
Elite |
14-Oct-2012 16:55
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China's exports rose at the fastest pace in three months in September, easing concerns that the global economy is heading for the first recession since 2009. Overseas shipments increased 9.9 percent from a year earlier, the  customs administration  said yesterday in Beijing. That was more than the 5.5 percent median estimate in a Bloomberg News survey of economists and a 2.7 percent gain in August. Imports rose 2.4 percent, leaving a $27.7 billion  trade surplus, the biggest since June. The  International Monetary Fund  warned this week of an alarmingly high risk of a deeper global slowdown unless officials in the U.S. and Europe address threats to their economies. China’s widening surplus may provide ammunition to Republican presidential candidate  Mitt Romney, who pledges to designate the nation a currency manipulator if elected, a step the U.S. government hasn’t taken since 1994. “We could see China’s export growth maintained at 8 to 9 percent in the fourth quarter,” said Liu Li-Gang, a Hong Kong- based economist with  Australia & New Zealand Banking Group Ltd. (ANZ), citing improved U.S. consumer sentiment and favorable year- earlier bases for comparison. “But growth of more than 10 percent is unlikely as a recession in Europe won’t change China’s export outlook there.” Anti-China rhetoric may become stronger in the lead-up to the presidential election on Nov. 6, said Liu, adding that the yuan, near a 19-year high against the dollar, may appreciate until then in response to the pressure.  |
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tiancai007
Master |
14-Oct-2012 16:42
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What's the news may i ask?
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tanglinboy
Elite |
14-Oct-2012 12:37
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We'll see.... | ||||
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bishan22
Elite |
14-Oct-2012 09:46
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China weekend news will boost sti on monday. Good luck.  ![]()
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Bopanha
Master |
14-Oct-2012 09:25
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Good job figures came up to " credit" Obama's re-election campaign.   But with that Wall Street fell Friday.   If our Sg market follows job figures, it might go up, but if it follows DJ, it might come down.   Recently it didn't bother much what DJ was doing.   It always acted opposite.   Thus on Monday, STI might shoot up.  | ||||
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risktaker
Supreme |
14-Oct-2012 08:14
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so our favored sector has show strength.... stock rebound.... next week ..... short the falling apple ..... Samsung note 2 is launching in sg...... STI will remain weak with selective stocks showing strength...... we still favor our sectors.... Christmas is coming ....... good luck.....
hint: olam n palm oil counters.
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tanglinboy
Elite |
14-Oct-2012 06:52
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In order words... another yo-yo week | ||||
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lowchia
Veteran |
13-Oct-2012 12:57
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In last week, STI lost 66 points from the opening of 3108 and close lower at 3042. A black candle sticks with little lower shadow indicates investors have no hesitant in selling the stocks lower. Key Economics Data report: The second presidential debate takes place Tuesday night, and it has the potential to once again the needle in a very tight race. In addition, many multinationals with exposure to the slowing global economy are among the dozen Dow components and 80 S& P 500 companies reporting earnings. General Electric, IBM, Microsoft, Intel, Citigroup, McDonald’s and Coca-Cola are among them. Technical Analysis on STI STI index had re-test the critical support at 3030 in this week and managed to rebound above this level. 1)  In weekly chart, a black candle sticks with short lower shadow indicates on selling pressure from the bears. 2)  The weekly trading volume rises slightly as investors sideline on the earning report ahead. 3)  MACD and RSI indicators are bearish as RSI trend downwards. 4) STI is currently supported by the support at 3030 5) The critical resistance at 3088 is very ..........      READ MORE       |
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ozone2002
Supreme |
13-Oct-2012 10:18
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The reason you want to buy something cheap is so that you don`t have much risk if you are wrong, you are not going to suffer too badly. Buying something cheap does not do you any good on its own it might stay cheap for years. You`ve got to have a reason why it`s going to change and why something is going to get better - wise words from Jim Rogers | ||||
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gavinl
Elite |
13-Oct-2012 04:48
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Slowly but surely is getting nearer n nearer to 8Nov. Think china related shares are going to cheong. So far all china shares except 1 or 2 have been quite stable. Get an early start to welcome the last real rally.Have a smashing weekend everybody. | ||||
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blueberry
Member |
12-Oct-2012 21:40
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Hello123, why you always testing 123? | ||||
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hello123
Senior |
12-Oct-2012 21:37
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testing 123 | ||||
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skk888
Veteran |
12-Oct-2012 17:59
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Unfortunately there's no moderator here. Admin here? Want to appoint a few forumers here to moderate the threads?
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wangerism
Veteran |
12-Oct-2012 17:54
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The big bang!   |
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Isolator
Supreme |
12-Oct-2012 14:39
![]() Yells: "STI is hard landing to below 2000..." |
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lol... Must find way to chant your spirit... If cant reborn as human, I think at least be animal then insect... Lololol... Dow cheong up tonight again.... Lol
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ozone2002
Supreme |
12-Oct-2012 11:47
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‘Deteriorating’ Outlook The Singapore government in August trimmed its prediction for 2012 growth to a range of 1.5 percent to 2.5 percent, from an earlier forecast for an expansion of as much as 3 percent. “The outlook for the Singapore economy is deteriorating,” Irvin Seah, a Singapore-based economist at DBS Group Holdings Ltd., said before the report. “While the manufacturing sector will bear the brunt of the global slowdown, the services sectors will not be spared.” Manufacturing rose 0.7 percent from a year earlier in the three months ended Sept. 30, after growing a revised 4.6 percent in the second quarter. The services industry grew 1.1 percent last quarter from a year earlier, after climbing a revised 0.9 percent in the previous three months, while construction expanded 8.6 percent, compared with a 10.1 percent increase in the quarter through June. | ||||
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wangerism
Veteran |
12-Oct-2012 11:15
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This is forum gettin trashy...   |
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