The STI is +0.8% at 3205.16, with 1.20 billion shares traded worth $1.02 billion; market breadth turns positive with 240 gainers vs 176 decliners as bargain hunting emerges in some beaten down stocks.
Posts Tagged ‘08’
STI climbs 0.8% to 3,210.86 at 9:44 a.m.
January 24th, 2011 |
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Singapore’s Straits Times Index climbed 0.8% to 3,210.86 as 9:44 a.m. local time. Twenty- six stocks rose and one fell in the benchmark index.
Shares on the measure trade at an average 14.6 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 0.8% lower; 3200 key support – UOB KayHian
January 14th, 2011 |
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STI is down 0.8% at 3230.80 and continues to be weighed by declines in property and banking stocks as investors sell after the government’s measures to cool the property market.
“While technical indicators remain positive, we note that market fundamentals such as the new cooling measures on the property sector could throw the spanner in the works. We continue to reiterate the 3200 support as a key level to watch out for with resistance at 3300,” says UOB KayHian in a note.
STI declines 0.8% to 3,230.90 at trading break
January 14th, 2011 |
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Singapore’s Straits Times Index declined 0.8% to 3,230.90 as of the 12:30 p.m. trading break, taking the weekly decline to 0.9%. Almost three stocks fell for each that rose 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.
STI gains 0.8% to 3,279.70 at closing
January 6th, 2011 |
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Singapore’s Straits Times Index gained 0.8% to 3,279.70, its highest close since Nov. 11. Two stocks advanced for each that fell in the benchmark equity index of 30 companies.
Shares on the measure trade at an average 15 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 up 0.8% to close at 3,183.70
December 28th, 2010 |
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Singapore’s Straits Times Index gained 0.8% to 3,183.70 as of the close of trading. Thirteen stocks advanced for each that fell in the benchmark equity index of 30 companies.
Shares on the measure trade at an average 15.5 times estimated earnings, compared with about 17.4 times at the beginning of the year, according to data compiled by Bloomberg.
STI off 0.8%, May test 3,100; Korean plays weak
December 20th, 2010 |
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Unease over the increasing tension between the two Koreas is keeping buyers away from the Singapore market. Decliners outnumber gainers by more than 3.5 to 1 by the end of the morning session.
The STI is down 0.8% at 3,128.37 midday vs down 0.3% at 3,163.05 earlier. If it goes below the November low of 3,118 later in the session, the next support will be 3,100.
STI falls 0.8% to 3,128.15 at the trading break
December 20th, 2010 |
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Singapore’s Straits Times Index declined 0.8% to 3,128.15 as of the 12:30 p.m. trading break. Three stocks fell for each that rose in benchmark equity index of 30 companies. Shares on the measure trade at an average 15.2 times estimated earnings, compared with about 17.4 times at the beginning of the year, 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.
STI falls 0.8% to 3,185.42 at the close
December 10th, 2010 |
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Singapore’s Straits Times Index decreased 0.8% to 3,185.42 at the close. Five stocks fell for each that rose in the benchmark equity index of 30 companies, which increased 0.4% this week.
Shares on the measure trade at an average 15.5 times estimated earnings, compared with about 17.4 times at the beginning of the year, according to data compiled by Bloomberg.
STI +0.8%; Reflation, FX themes supportive: Nomura
December 6th, 2010 |
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Singapore shares not likely to head much higher amid mixed performance across Asian markets.
STI +0.8% at 3,198.67, may meet resistance at last week’s 3,216 peak. Market breadth still positive but at about 1.5 gainers for every decliner vs more than 3 for 1 in early trade.
STI drops 0.8% to 3,172.44 at closing
December 3rd, 2010 |
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Singapore’s Straits Times Index dropped 0.8% to 3,172.44 at the close, after rising as much as 0.6% earlier. The gauge increased 0.5% this week. Almost three stocks fell for each that rose in the benchmark equity index of 30 companies.
Shares on the measure trade at an average 15.4 times estimated earnings, compared with about 17.4 times at the beginning of the year, according to data compiled by Bloomberg. The following shares were among the most active in the market.
Wilmar +0.8%; modest impact from FFM buy – Nomura
December 3rd, 2010 |
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Wilmar’s (F34.SG) 20% stake investment in PPB Group’s (4065.KU) unit FFM in bid to expand flour milling business doing little to boost investor interest. Stock +0.8% at $6.06 but volume paltry as underlying concerns over plantation group’s China business still persist given Beijing’s bid to rein in food inflation.
Wilmar will pay MYR378.1 million ($156.8 million) for stake in FFM, which operates 4 flour mills in Malaysia, 1 each in Vietnam, Thailand, Indonesia.
SIA +0.8%; Provisions for fines appear priced in
December 1st, 2010 |
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Singapore Airlines (C6L.SG) bucking declines by most other blue chips, +0.8% at $15.54 despite hit to bottomline stemming from $61.9 million provision to be made for current FY.
Fine imposed by US Department of Justice following its investigation into air cargo industry in 2006 for price fixing. News comes 3 weeks after SIA said it will make $134 million provision in current FY for fine imposed by European Commission, which ruled airline’s cargo unit involved in global price-fixing conspiracy.
STI gains 0.8% to 3,162.16 at trading break
November 25th, 2010 |
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Singapore’s Straits Times Index gained 0.8% to 3,162.16 as of the 12:30 p.m. trading break. Three stocks advanced for each that fell in the benchmark equity index of 30 companies.
Shares on the measure trade at an average 15.4 times estimated earnings, compared with about 17.4 times at the beginning of the year, according to data compiled by Bloomberg. The following shares were among the most active in the market.
STI +0.8%; may hit 3250-3300 by year end – AmFraser
November 25th, 2010 |
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Singapore shares mostly up but market quiet with merely 613.7 million shares worth $652.9 million changing hands by midday. Low participation typical during year-end period, not helped by lack of newsflow.
Gainers outnumber decliners by about 2.5 to 1. STI +0.8% at 3162.19, not expected to test Tuesday’s 3187 intraday high for rest of session.
STI declines 0.8% to 3,212.10 at closing
November 16th, 2010 |
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Singapore’s Straits Times Index declined 0.8% to 0.8% to 3,212.10 at the close, the lowest since Nov. 2. The stock market will be shut tomorrow for a holiday. Almost three stocks fell for each that rose in the benchmark equity index of 30 companies.
Shares on the measure trade at an average 15.7 times estimated earnings, compared with about 17.4 times at the beginning of the year, according to data compiled by Bloomberg. The following shares were among the most active in the market.
STI slips 0.8% to 3,287.99 at trading break
November 10th, 2010 |
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Singapore’s Straits Times Index slipped 0.8% to 3,287.99 at the midday-trading break, the biggest drop since Oct. 27. More than twice as many stocks fell as advanced in the benchmark equity index of 30 companies.
Shares on the measure trade at an average 16 times estimated earnings, compared with about 17.4 times at the beginning of the year, according to data compiled by Bloomberg. The following shares were among the most active in the market.
STI +0.8%; market may slow post earnings season-DBSV
November 3rd, 2010 |
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STI +0.8% at 3231.36 at levels last hit May 2008; broad market advance with 295 gainers vs 129 losers; benchmark +3.4% since last Wednesday’s 1.2% fall, which now looks like minor correction to recent upward march.
DBS Vickers says following STI’s September to mid-October run-up (about 300 points to 3220), “we see the index holding sideways as it heads into the year-end holiday lull.”
STI rises 0.8% to 3,230.96 at trading break
November 3rd, 2010 |
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Singapore’s Straits Times Index rose 0.8% to 3,230.96 as of the 12:30 p.m. trading break, heading for its higher close since May 16, 2008. Four stocks rose for each that fell in the benchmark equity index of 30 companies.
Shares on the measure trade at an average 15.7 times estimated earnings, compared with about 17.4 times at the beginning of the year, according to data compiled by Bloomberg. The following shares were among the most active in the market.