Latest Forum Topics / Straits Times Index |
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STI to cross 3000 boosted by long-term investors
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niuyear
Supreme |
28-May-2009 15:34
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There is this resistance to watch first - 2385 first for it to break higher, if not, will drift down. |
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Livermore
Master |
27-May-2009 19:27
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Watch Dow 9088 as resistance | ||||
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idesa168
Elite |
27-May-2009 19:15
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Can we see 3000 at the end of this year as suggested by the title of the forum topic! | ||||
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Livermore
Master |
27-May-2009 18:01
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Don't try to pre-empt. Let the market decide | ||||
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Livermore
Master |
27-May-2009 18:00
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Just take note of the major corrections and not the minor ones.
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cathylmg
Elite |
27-May-2009 17:07
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Same here. Today is really needs a strong heart. Watching sti pumping and pumping away. I sold off most of my shares liao. Left with penny stocks and sti etf. Incase it goes up somemore. I wonder when will penny stocks starts to move. |
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idesa168
Elite |
27-May-2009 16:52
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I am on respirator seeing the mkt charges up so fast. I am contemplating to let go some of my holding which I bought when STI was about 2000, that's about a month ago. If tonight, DJ cheong, then we all will have another day of shiok! |
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niuyear
Supreme |
27-May-2009 16:48
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STI manage to clear 2283 / 2300. Next resistance level 2450 then 2500?? If short sellers sell heavily again and US doesnt perform well, will it drop back below 2283 again? So unpredictable. | ||||
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cathylmg
Elite |
27-May-2009 15:30
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Since sti breached 2300 today. Was wondering where will it go from here. Will it continue to go upwards or will it pull back abit? Any opinion welcome. | ||||
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oinkoink1999
Senior |
27-May-2009 15:21
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STI breached 2300....steady....![]() |
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des_khor
Supreme |
27-May-2009 11:34
![]() Yells: "Tell me who is the God or MFT from this forum??" |
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small issue la... HK also kenal so many case but still up up touch the sky !
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aleoleo
Master |
27-May-2009 11:29
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Singapore confirmed 1st case of H1N1, damn it, dunno why STI not performing ... HK already up more than 600 points le | ||||
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ticklish8
Senior |
26-May-2009 18:06
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Another market report May 26 (Bloomberg) – The Straits Times Index declined 1.3 percent to 2,238.79 at the 5:10 p.m. close. Four stocks fell for each that rose of the 30 companies on the gauge. The following shares were among the most active in the market today. Stock symbols are in parentheses after company names. Beyonics Technology Ltd. (BT SP), a Singapore-based electronics manufacturer, dropped 5.9 percent to 16 Singapore cents. The company said it will post a loss in the third-quarter ended April 30 due to the impact of the global recession. Celestial Nutrifoods Ltd. (CENU SP), a China-based maker of soybean-based products, tumbled 27 percent to 19 Singapore cents. The company said its bondholders have demanded that it redeem bonds worth S$234.8 million ($162 million) by June 12. The company said it does not have sufficient funds to make the payment and that it is negotiating with bondholders. China Essence Group Ltd. (CESS SP), a China-based maker of potato starch-based products, slumped 9.6 percent to 23.5 Singapore cents. The company said profit in the year ended March 31 declined 28 percent as average selling prices fell and less profitable products made up more of its sales volume. Informatics Education Ltd. (INFO SP), an operator of information technology schools that’s partly owned by Malaysia’s Berjaya Corp., surged 57 percent to 5.5 Singapore cents. The company said it posted a net profit of S$4.4 million in the year ended March 31, compared with a loss of S$3.6 million. It was the company’s first profit in five years. Jaya Holdings Ltd. (JAYA SP), which charters offshore support vessels to the oil and gas industry, surged 12 percent to 60.5 Singapore cents, its highest close since Oct. 23. The company reported a 36 percent rise in average daily charter rates in the three months ended March 31. “Charter rates seem to have stabilized,” said Chong Wee Lee, an analyst at DBS Group Holdings Ltd, in a phone interview. “Investors are more optimistic now.” Keppel Land Ltd. (KPLD SP), the property development arm of Keppel Corp, lost 2.5 percent to S$1.95. Citigroup Inc. downgraded its rating to “sell” from “buy,” saying the stock is no longer “undervalued” after recent gains. Neptune Orient Lines Ltd. (NOL SP), Southeast Asia’s biggest container carrier, dropped 2.9 percent to S$1.35. The company said average freight rates in the four weeks ended May 1 declined 21 percent as freight volumes tumbled 22 percent during the period. |
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ticklish8
Senior |
26-May-2009 17:57
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SINGAPORE, May 26, 2009 (AFP) - Singapore shares closed 1.26 percent lower Tuesday as investors looked for fresh leads amid mixed recovery signals for the ailing economy. The blue-chip Straits Times Index (STI) fell 28.67 points to 2,238.79 on volume of 2.75 billion shares worth 1.61 billion Singapore dollars (1.11 billion US). Losers led gainers 311 to 194, with 800 issues unchanged. Investors are questioning “the increasingly apparent disconnect between the stock market performances and economic performance, particularly as share prices breach most analysts’ target prices,” said CIMB. NetResearch Asia chairman Kevin Scully said investors were buying into penny stocks but not blue chips “which probably signals that the (large investment) funds have invested enough or are holding back.” “I think it’s time to exercise patience at this level,” he added. Banking shares closed lower. DBS fell 20 cents to 11.44 dollars, Oversea-Chinese Banking Corp eased 13 cents to 7.02 and United Overseas Bank shed 18 cents to 14.26. Among property shares, CapitaLand slipped seven cents to 3.44, Keppel Land inched down five cents to 1.95 and City Developments dipped a cent to 2.10. Singapore Airlines retreated 14 cents to 12.00 and Singapore Telecommunications closed seven cents lower at 2.74. Beverage maker Fraser and Neave eased four cents to 4.02 and investment holding company Sembcorp Industries slid seven cents to 2.91. Singapore Petroleum Co. extended gains after oil major PetroChina said it had agreed to buy nearly half of the refiner. SPC was up three cents to 6.08 after advancing 1.01 dollars, or 20 percent, on Monday. SPC’s parent firm Keppel Corp was up two cents at 7.30. - Dow Jones Newswires contributed to this story - str/mba/dan |
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niuyear
Supreme |
26-May-2009 17:18
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Looks like stock inching down slowly. Notice when price goes down, it is well supported by a '1 lot buy up'.... but, price already down and the 'buy up' is actually lower each day...think got to becareful when want to pick stock and buy at this moment of time.
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cathylmg
Elite |
26-May-2009 15:41
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Profit taking lah. Have to take some off the table first mah. Korea is yesterday. No lah.
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oinkoink1999
Senior |
26-May-2009 15:37
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STI buay sai... STI lao sai... STI lao bak sai... ![]() |
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Kensonic77
Veteran |
26-May-2009 15:34
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North Korea nuclear test has affected the market.. | ||||
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cathylmg
Elite |
26-May-2009 15:20
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Seems that its profi taking time. Sit tight. | ||||
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cathylmg
Elite |
26-May-2009 13:53
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Welcome back victorf. Good to see your postings again.![]() |
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