Hope BBs'll push MacqIntInfra, SinoConst & VDH Energy...

As @ 05-Oct-2010;

• MacqIntInfra 0.550
• SinoConst 0.110
• VDH Energy 0.155

('',)

I agree with you.

STI turn Bullish last Friday and yesterday's surge was the confirmation.

Cover all my Shorts and move into Long Positions yesterday.

Brought SembMar, SMRT, IndoAgri, HL Asia.

Still Queuing for GoldenAgr.

Watching to Buy Wilmar.

Regret, I didn't Buy KepCorp yesterday.

I think this Bull Run can last at least 3 weeks. Hopefully can last till the end of Oct.

Good luck.

Bullish not across the board !! only selected Blue Chips bring the idex higher....

Dark pool gets green light

Chris Howells

christopherh@mediacorp.com.sg

Chi-East said it had already seen strong interest from major investment banks and local brokers for the platform.

Trading is expected to begin in the fourth quarter.

Dark pools are trading venues that do not display quotes publicly, helping investors minimise price fluctuations and save costs.

They are relatively new in Asia, although they are widely used in the United States and Europe.

In Europe, 5 to 8 per cent of trading by large investors takes place on such off-market platforms.

Mr Ned Phillips, chief executive of Chi-East, said its goal would be to become a major player in Asia by capturing liquidity in the alternative trading space.

“Our major clients will be the major investment banks … We’re also able to grow it with some of the local brokers, some of the specialist brokers and also the proprietary trading firms,” he said.

Chi-East supports anonymous trading of selected Australian, Hong Kong, Singaporean and Japanese equities.

The company said it would likely see stronger take-up for its trading venue from Japan where alternative venues have been present for the last nine years.

The take-up in the rest of the region, however, is likely to be slower as regulations and awareness take time to grow.

Dark pools are also expected to attract more liquidity to local markets in Asia, analysts said.

“If the dark pool isn’t there, then the volume wouldn’t be there for that particular type of trade because it’s actually specific to a very specialised type of investment crowd,” said Mr Wong Sui Jau, general manager of unit trusts distributor

Meanwhile, the SGX said yesterday that the benchmark Straits Times Index would now be delivered using new streaming technology.

This will allow investors and traders to get sub-second updates any time the price of the underlying constituents change, as opposed to the current 15 second intervals. They can then make quicker trading decisions and respond faster to market conditions.

Separately, the SGX said total market turnover for last month grew to $38 billion, up 20 per cent from $31.6 billion in August.SINGAPORE — Chi-East, the joint venture between Chi-X Global and the Singapore Exchange (SGX), has received regulatory approval from the Monetary Authority of Singapore (MAS) to operate a dark pool trading platform.Fundsupermart.com.

Retail real estate sluggish: DTZ

SINGAPORE

Average prime rental rates along Orchard Road and Scotts Road remained unchanged in the third quarter, the firm said.

For the third straight quarter, gross rents of prime first-storey space in the area stayed at $39.70 per square foot per month.

Rents in other areas in the city continued to decline. Prime first storey rents in these areas fell by 0.8 per cent to $24.10 per square foot per month.

Monthly gross rents of prime first-storey retail space in the suburban malls, meanwhile, were unchanged at $33.60 per square foot per month.

DTZ said the new supply of retail space last year led to a competitive environment, which did not support any increase in rentals.

Some 1.3 million sq ft of new retail space became available last year.

Other than the newly-completed and pipeline supply that have put a lid on rentals, the two new integrated resorts also had an impact, DTZ said.

The integrated resorts siphoned off some demand for shopping as more people spend time and money at the casinos instead of at the malls, it noted.

But with a robust economic recovery taking place, DTZ said retail rents should increase gradually next year as the new supply is eventually absorbed.— Singapore’s retail real estate continues to be dogged by supply pressure, according to property consultancy DTZ.