A benchmark index of the Indian equities market Thursday was ruling 94 points down in afternoon trade amid mixed cues from Asian markets. The 30-share sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 20,395.5 points, was ruling at 20,207.51 points, down 93.59 points or 0.46 percent from its previous close at [...]
Posts Tagged ‘subdued’
Sensex subdued in afternoon trade
January 6th, 2011 |
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STI +0.6%, subdued ahead of Fed; UOB KayHian eyes 3,300
November 2nd, 2010 |
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STI +0.6% at 3,209.35 midday, with 1.6 gainers for every decliner; volume low with only 686 million shares changing hands, worth $900.7 million; limited participation likely reflects caution ahead of Fed meeting, also investors taking breather after market’s strong gain yesterday.
UOB KayHian says recent price action confirms validity of uptrend channel (3,100-3,300), if momentum continues index should rise beyond recent peak of 3,220 (October 15) to upper channel of 3,300.
Singapore exports likely subdued In 2H: StanChart
August 17th, 2010 |
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Singapore non-oil domestic exports likely to moderate in 2H 2010 on concerns about sustainability of global economic recovery, Standard Chartered Bank economist Alvin Liew says after island nation reports July exports +18.2% on year vs +20% consensus, +28.5% June, according to Dow Jones.
“We could yet see more significant moderation in exports growth in 2H this year. Indeed, it is likely the export recovery may have reached a plateau in 1H-2010, and going forward the recovery momentum will slow and even look anemic for some months” because of concerns about the sustainability global recovery, high unemployment in US, EU, Liew says.
Also, lingering Europe sovereign debt concerns could negatively impact trade flows. Adds, pharmaceutical exports remains wildcard for Singapore, magnifying peaks, troughs of export performance.
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STI up 0.2% to 2,967.50, still stuck in tight 2,961-2,974 band
April 9th, 2010 |
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Subdued interest in Singapore blue chips belies activity in broader market, where investors actively mopping up lower liners after chasing up large caps in past weeks, says Dow Jones.
STI off 0.2% in subdued trade; Fed, China eyed
March 15th, 2010 |
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Singapore shares remain lackluster at start of afternoon session as bearish leads from key overseas markets keep buyers at bay (HSI off 0.9%, Dow futures down 56 points).
The STI down 0.2% at 2,874.26 with support tipped at last week’s intraday low of 2,820; broad market volume remains thin with only 645 million shares traded vs 1.4 billion full day Friday.