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Posts Tagged ‘sti’

STI gains 0.4% to 3,241.49 at closing

Singapore’s Straits Times Index gained 0.4% to 3,241.49 at the close. Three stocks rose for every two 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. 

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STI +0.3%; Market correction possible near-term: UOB-Kay Hian

Singapore’s STI remains up 0.3% at 3,239.48, rebounding slightly after yesterday’s 1.0% decline, though volume is low with 1 billion shares traded worth $909 million, as there are few domestic market drivers ahead of the earnings season, while many participants expect a period of consolidation in the days ahead.

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STI gains 0.3% to 3,237.76 at trading break

Singapore’s Straits Times Index gained 0.3% to 3,237.76 as of the 12:30 p.m. trading break. Two stocks rose for each that fell in the benchmark equity index of 30 companies.

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. 

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STI +0.3% midday; strong support at 3200 – Kim Eng

The STI is +0.3% at 3237.76 midday, after earlier trading flat-to-slightly lower; “We’re up tracking Hong Kong’s Hang Seng index, which has gone up quite nicely by about 250 points,” says a trading representative at a local brokerage. “I think from here, we’re likely to trade in a range, I don’t think the market is expecting a big fall,” he adds. 

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STI gains 0.1% to 3,232.41 at 9:20 a.m.

Singapore’s Straits Times Index gained 0.1% to 3,232.41 as of 9:20 a.m. local time. Almost five stocks rose for every three that fell in the benchmark equity index of 30 companies.

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.

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STI declines 1% to 3,229.27 at closing

Singapore’s Straits Times Index declined 1% to 3,229.27 at the close, the biggest drop since Nov. 23. Eight stocks fell for each that rose in the benchmark equity index of 30 companies.

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. 

 
Palm-oil producers: Crude palm-oil futures for March delivery dropped for a second day in Kuala Lumpur today.

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STI down 0.6% as at 3:17 p.m.; May pull back to 3,220-3,230: AmFraser

The STI is down 0.6% at 3,241.92 at 3:17 p.m., pulling back sharply in the afternoon, tracking falls in Shanghai and Hong Kong bourses which extend losses after China’s weaker-than-expected December exports, sparking fears over a slowdown in Asia’s economic engine.

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STI off 0.1% midday; Chance to accumulate: UOB KayHian

The STI is down 0.1% at 3,257.96 midday amid broadly lower Asian bourses after Friday’s weakness on Wall Street, spurred by disappointing US employment data.

Though the broader market is slightly positive, gainers just pip decliners, while 1.27 billion shares have been traded worth $825 million, showing interest in lower liners and penny stocks is still rife, with Transcu (E15.SG), +6.3% at $0.085 and MDR (A27.SG), flat at $0.05, the two most active stocks today.

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STI falls 0.1% to 3,257.96 at trading break

Singapore’s Straits Times Index fell 0.1% to 3,257.96 as of the 12:30 p.m. trading break. Six stocks advanced for every five that fell in the benchmark equity index of 30 companies.

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.

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STI little changed at 3,260.08 at 9:55 a.m.

Singapore’s Straits Times Index was little changed at 3,260.08 as of 9:55 a.m. local time. Three stocks advanced for every two that fell in the benchmark equity index of 30 companies.

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. 

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STI flat at 9:48 a.m.; Upside to 3,300 beyond 3,280: Phillip Securities

The STI is flat at 3,262.07 at 9:48 a.m., off its opening 3,270 high but largely shrugging off bearish leads from US markets, as Friday’s 0.6% loss for the STI appears to have already priced in worries over the health of the US recovery, while confidence in local companies’ earnings growth remains.

Phillip Securities says Friday’s US payrolls print was “not a sterling result but we think not terrible for equities either…we remain positive for stocks for the year.” It keeps the STI target at 3,650. It adds, Friday showed signs of buying off 3,250/3,255 support, while the general upward trajectory remains, despite the lower close.

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STI drops 0.6% to 3,261.35 at closing

Singapore’s Straits Times Index dropped 0.6% to 3,261.35 at the close, trimming this week’s advance to 2.2%. Almost three stocks declined for each that rose in the benchmark equity index of 30 companies.

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.

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STI off 0.6%; Volatility on the way to 3300 – UOB-KH

Singapore shares fall slightly more after the break, with the STI down 0.6% at 3259.90 vs down 0.4% midday, hovering near the 3260 resistance that was taken out yesterday; investors are taking profit after the index’s 2.8% rise in the last four sessions, ahead of the weekend and tonight’s U.S. non farm payrolls release. 

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STI off 0.4% midday; Tonight’s NFPs crucial – Phillip

Singapore’s STI is down 0.4% midday at 3266.46, taking a breather after four straight sessions of gains, as caution sets in ahead of tonight’s much anticipated U.S jobs data.

Phillip Securities says last night’s round of soft same-store sales figures from the U.S. “should place even more weight on tonight’s non-farm payrolls number. The market will be looking for confirmation that the recovery is still intact.” 

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STI drops 0.4% to 3,266.42 at trading break

Singapore’s Straits Times Index dropped 0.4% to 3,266.42 as of the 12:30 p.m. trading break. Almost four stocks declined for each that rose in the benchmark equity index of 30 companies.

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. 

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STI off 0.4% midday; Tonight’s NFPs crucial – Phillip

Singapore’s STI is down 0.4% midday at 3266.46, taking a breather after four straight sessions of gains, as caution sets in ahead of tonight’s much anticipated U.S jobs data. 

Phillip Securities says last night’s round of soft same-store sales figures from the U.S. "should place even more weight on tonight’s non-farm payrolls number. The market will be looking for confirmation that the recovery is still intact." 

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STI Off 0.2%; market digesting 2011 gains so far-OCBC

The STI is off 0.2% at 3272.06, taking a breather after 4 straight sessions of gains. Market breadth is slightly biased to the negative with 378 million shares traded so far.

“The Singapore market has done well for the first four trading days of 2011, with the STI up 2.8% so far on higher volume…we expect the laggards to come into play this year and this has happened a lot earlier and faster than expected,” says OCBC. 

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STI drops 0.2% to 3,274.91 as of 9:20 a.m.

Singapore’s Straits Times Index dropped 0.2% to 3,274.91 as of 9:20 a.m. Two stocks declined for each that rose in the benchmark equity index of 30 companies.

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. Stock symbols are in parentheses after the company name.

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STI gains 0.8% to 3,279.70 at closing

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.

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STI +0.6%; end-2011 target at 3560 – CIMB

The STI is +0.6% at 3274.79 and it’s likely to extend winning streak to 4 sessions today as confidence in the global economic outlook, and Singapore’s position as a beneficiary of that and the continued loose monetary stance in western economies remains high. 

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