Volume is modest at 874 million shares worth $817 million, with decliners and gainers evenly matched in the broad market.
Shares on the measure trade at an average 14.7 times estimated earnings, compared with about 15.6 times at the end of 2010, according to data compiled by Bloomberg.The following shares were among the most active in the market.
Shares on the measure trade at an average 14.5 times estimated earnings, compared with about 15.6 times at the end of 2010, according to data compiled by Bloomberg.The following shares were among the most active in the market.
STI components are evenly mixed, with declines in banks and gains in property names. The broad market is also evenly matched, with 244 million shares traded worth $196 million.
After the strong gains made since just before Christmas, the index looks set to remain in its current consolidation mode, and stay in the 3220-3260 range it has traded in for the last six sessions.
Shares on the measure trade at an average 14.9 times estimated earnings, compared with about 15.6 times at the end of 2010, according to data compiled by Bloomberg.The following shares were among the most active in the market.
“The market’s been more or less flat for the last couple of days, so we’re not expecting much movement until Thursday when China will release 4Q GDP results, if the number is quite bullish then we expect some form of cooling measures from Beijing, which would be negative for the market,” says Ng Kian Peck, an investment analyst at SIAS Research.
Shares on the measure trade at an average 14.8 times estimated earnings, compared with about 15.6 times at the end of 2010, according to data compiled by Bloomberg.The following shares were among the most active in the market.
UOB KayHian notes the STI continued to trade within its tight 30-point trading range yesterday, with noticeably lower volumes. “Market breadth indicators are looking weak, with the advance decline ratio at 0.6, while the index is barely hovering above the 26-day moving average. We maintain our neutral stance for the index in the near term.”
Shares on the measure trade at an average 14.8 times estimated earnings, compared with about 15.6 times at the end of 2010, according to data compiled by Bloomberg. The following shares were among the most active in the market.
Phillip Securities says the STI “is so-so price action wise.” The house says Friday’s opening gap due to the property sector regulation was filled within the day (by banks, not so much by property) and “the daily charts do not look so clear.”
Shares on the measure trade at an average 14.8 times estimated earnings, compared with about 15.6 times at the end of 2010, according to data compiled by Bloomberg.
Shares on the measure trade at an average 14.8 times estimated earnings, compared with about 15.6 times at the end of 2010, according to data compiled by Bloomberg. The following shares were among the most active in the market.
Singapore’s Straits Times Index gained 0.1% to 3,246.11 as of 9:28 a.m. Three stocks advanced for each that fell in the benchmark equity index of 30 companies.
Shares on the measure trade at an average 14.8 times estimated earnings, compared with about 15.6 times at the end of 2010, according to data compiled by Bloomberg.
The following shares were among the most active in the market. Stock symbols are in parentheses after the company name.
Shares on the measure trade at an average 14.7 times estimated earnings, compared with about 15.6 times at the end of 2010, according to data compiled by Bloomberg. The following shares were among the most active in the market.
