Latest Forum Topics / Straits Times Index |
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STI to cross 3000 boosted by long-term investors
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teeth53
Supreme |
09-Mar-2011 22:55
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SE Asia Stocks-Small gains in places, defensive stocks favoured * Defensives such as telecoms bought, given uncertainty * Energy shares retreat as oil prices fall back Some Southeast Asian bourses posted small gains on Wed but investors remained wary of turmoil in the Middle East. Region has rebounded since late Feb, most now hovering around multi-week highs. They were seen as big beneficiaries of rising interest rates and led the sector's rise this week. Energy shares fell as Brent crude dropped for a third day after reassurances from OPEC members of ample spare capacity, which eased worries about lower output from Libya, the world's 12th-largest oil exporter. Thomson Reuters Datastream shows. The MSCI indexes of other Southeast Asian bourses carry forward valuations of 12-14 times. (Source Reuters) teeth53 thot: Thing to take note tis week  for remained trading day--China  rising interest rates. |
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SGG_SGG
Master |
09-Mar-2011 22:46
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Jialatz.. means potential crash!
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hpong5
Master |
09-Mar-2011 19:07
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Phillip Securities Research notes, STI technicals have taken a turn for the positive after Tuesday’s firm close above the breakout trigger level at 3083 and above resistance at 3100. “This could potentially mark the end of the intermediate term correction we have been seeing since January. This scenario is valid unless price closes below 3050 again, in which case we would have to reassess the situation.” It adds, if the index can maintain a close above key resistance at 3120, “it would add to the STI’s bullishness.” Support is at 3083 then 3050 resistance is at 3120 then 3150. | ||||
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hpong5
Master |
09-Mar-2011 18:48
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Ya see if sti can keep up its rally tomorrow.
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iPunter
Supreme |
09-Mar-2011 18:05
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Yup very guai-guai...              then all will  sayang sayang ...             Hope the Dow will also also guai-guai...  ![]()
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niuyear
Supreme |
09-Mar-2011 17:41
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Singapore Stocks-Down at midday, SingTel defies market sentimentSINGAPORE, March 9 (Reuters) - Singapore shares were weak at midday on Wednesday as investors were rattled by the impact of higher oil prices on inflation and worries about the turmoil in the Middle East. The Singapore market had opened higher, as investors sought refuge in defensive stocks such as Singapore Telecommunications , but later turned negative due to geopolitical concerns. By the midday break, the Straits Times Index (STI) was down 0.36 percent, or 11.15 points, at 3,092.69. The total value of shares traded in the morning session was S$698.6 million, slightly higher than S$623.1 million on Tuesday. Local traders said the STI may be range-bound between 3,080 and 3,120 points in the afternoon. " There seems to be some flow to the defensive investments whenever volatility gets too high and there are really not many places to hide," said Roger Tan, head of research at SIAS Research, adding that stocks that pay relatively high dividends may provide some safety for investors. SingTel shares, which rose as much as 1 percent, saw some profit-taking.     |
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bishan22
Elite |
09-Mar-2011 16:40
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Today STI minus 10 is oredi kwai liao.  ![]() |
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SGG_SGG
Master |
09-Mar-2011 16:18
![]() Yells: "karma karma karma chameleon" |
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Concede de-feet *pointing at shot foot* hahahhaa..
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cathylmg
Elite |
09-Mar-2011 16:09
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Alemak! Get my bandage, get my syringe, get my needles and thread, I'm a seamtress not a doctor hor, but can do lah....![]()
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yummygd
Supreme |
09-Mar-2011 16:04
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faint.....good luck gals.
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SGG_SGG
Master |
09-Mar-2011 15:58
![]() Yells: "karma karma karma chameleon" |
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Medic please.. the enemy shot my foot!   ![]()
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alexchia01
Elite |
09-Mar-2011 15:41
![]() Yells: "Catch The Stars And Ride With Them" |
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Haha...
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iPunter
Supreme |
09-Mar-2011 15:41
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Wonder Woman... hehehe...  ![]()
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yummygd
Supreme |
09-Mar-2011 15:36
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wow gals u are doing IT!! | ||||
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cathylmg
Elite |
09-Mar-2011 15:36
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Go back to positive region!  yick!  yiCK!  YICK!   ![]() ![]() ![]() ![]() ![]() ![]()
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SGG_SGG
Master |
09-Mar-2011 15:29
![]() Yells: "karma karma karma chameleon" |
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The battle of 3100 !!! ![]() ![]() ![]() ![]() ![]() ![]() |
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yummygd
Supreme |
09-Mar-2011 15:21
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wait wait....AIYA my constipated pump used all liao no wonder today LAO SAI LA. |
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cathylmg
Elite |
09-Mar-2011 15:12
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Its sinking! We're sinking! The boat is sinking! Help! Help!![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
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yummygd
Supreme |
09-Mar-2011 15:08
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today sure end red one hahahaha oh pls china dun give us anymore hard pill to swallow. not now... wait a bit can...
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SGG_SGG
Master |
09-Mar-2011 15:05
![]() Yells: "karma karma karma chameleon" |
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Houston Houston... we are sinking... we are sinking... China needs reinforcements too!   ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
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