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yes, vol is lower than previous sessions but near 1 billion still ...
posts in Shareinvestors and Marketchatter forums are also lesser now
(do a google search if you do not know how to locate these two forums)
vol very low today.
monday blue... what u expect? monday bull?
What the heck is happening to the STI?
Its trading in a narrow +3 and -3 region today!!
Its trading in a narrow +3 and -3 region today!!
Open flat today
I'm not expecting much from the STI this week. Especially today. Probably very quiet again.
Here what's up next week ...
Tuesday - City Developments Ltd. results
- China Aviation Oil Corp. Ltd results
Wednesday - Singapore Sept Retail Sales data
Friday - Singapore Oct exports data
BT report (11 Nov) that SGD interest rate has peaked may be positive news for the STI on Monday.
what do u expect from a friday market? friday are usually quiet with profittaking for certain counters. some ppl and contra usually close trade by friday to advoid holding counters over the weekend.
I think the market is taking the breather now, counters that gone up recently will take opportunity to consolidating now...
What a flat day at 2,745.13 .... I expect interest to return to tech counters soon cos they have been badly neglected during the recent bank and property rally.
It seems its useless to follow the Dow... Like in the past few days- when the dow charged ahead with big gains, but the market here weakened and many vesters got smacked mercilessly instead.
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Trade With Care
Seems like STI and Dow a little out of sync now!
Today will be a sad RED day for STI. Oil stocks will be boosted after oil touched 61 last nite. Airline and tech counters will be down ...
good luck......
Given the large run up in stock prices and the increased amount of margin trading, brokers this week tightened their collateral requirements and this has led to some weakness, due to finetuning of portfolios. in short, they're reining in risk and tightening their risk management knobs.
What a swing .... STI up 16 points now! Bank and property counters swinging in Positive play now ....
Hope you will make back in 4D what the market took away in the past two days. Who knows, may be more than that :) .
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STOCKS NEWS ASIA-Asian technology stocks rise, TDK up
TOKYO, Nov 9 (Reuters) - Japanese and Korean technology firms rose on Thursday, supported by gains in U.S. peers and after software giant Microsoft Corp. set a date for the retail sale of its new operating system.
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Looks like bank and property counters in negative play today! STI can't chiong much without them. Nvm, STI stay green can liao ... :)
For the "record" .... STI last record close was 2,749.22 on 7th Nov. Its record intra-day high was 2,764.91.
Have vested 0711 for 4D this weekend! Hehee!!