The STI is up 0.3% at 3188.55 midday in very low volume of 473 million shares worth $632 million as the upcoming Lunar New Year holidays deter players from making fresh bets, especially with the potential for further spikes in risk aversion from geopolitical events in the Middle East.
Posts Tagged ‘volume’
STI off 0.4%; volume tepid; 3165 support – DBS Vickers
January 21st, 2011 |
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Singapore’s STI is down 0.4% at 3192.60, with selling in banks, commodity plays and rig builders weighing on the index as caution prevails after yesterday’s sharp fall. Volume falls from yesterday, and is at 1.01 billion shares so far.
K-REIT +0.7% in low volume post 4Q; $1.47 Cap N/T
January 21st, 2011 |
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K-REIT Asia (K71U.SG) is up 0.7% at $1.45 after posting 4Q results with distribution per unit of 1.71 cents, +17.9% on year and +1.2% on quarter.
But trade amounts to just 223,000 units changing hands, with investors’ interest subdued as the units are currently at their highest level since January 2008, while the market’s upbeat view on Singapore’s office sector has seen the units rise fairly steadily since K-REIT’s October announcement of an asset swap with Keppel Land (K17.SG) involving the acquisition of one-third interest in MBFC Phase 1.
STI off 0.1%; momentum wanes, volume sluggish
January 17th, 2011 |
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Singapore’s STI remains down 0.1% at 3241.83, barely moving a fraction from its midday level, with volume a meagre 966 million shares worth just S$711 million. UOB Kayian says “the STI has been trading within a tight band, with a noticeable lack of momentum in the last 4 sessions.”
DMG upgrades SGX to Buy, ups FY12 volume view
January 11th, 2011 |
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DMG upgrades Singapore Exchange (S68.SG) to Buy from Neutral and raises its target price to $9.45 from $8.33. The house says SGX’s share price underperformed over the past year, but could outperform ahead.
The house raises its fiscal FY12 average daily turnover assumption by 8% to $1.90 billion on expectations trading volumes will rise, “given increased interest in market developments in the U.S. and EU, and on the domestic front.”
Singapore’s PSA says 2010 container volume up 14.4%
January 7th, 2011 |
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Singapore port operator PSA International said on Friday its container cargo volume rose by 14.4% in 2010 from a year earlier, as global trade recovered.
PSA said it handled 65.12 million twenty-foot equivalent units (TEUs) of containers at its ports globally, with 27.68 million TEUs of the total coming from its Singapore operation.
The company, controlled by Singapore state investor Temasek Holdings (TEM.UL), participates in 28 port projects around the world with an annual capacity to handle 111 million TEUs.
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SGX says Dec securities market volume was $28b
January 5th, 2011 |
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Singapore Exchange (SGX) says volumes in derivatives, commodities and OTC clearing have grown strongly from a year ago.
Securities Market
- As at Dec 31, there were 782 companies listed on SGX Mainboard and Catalist, with a combined market capitalisation of $902 billion.
- Securities market volume for December was at $28 billion with an SDAV of $1.2 billion.
Derivatives and Commodities Markets
- Derivatives market volume was at 4.9 million contracts in the month of December, with an average daily volume of 223,448.
- SGX S&P CNX Nifty Index futures achieved volume of 865,769 contracts, which is 33% higher year-on-year.
- AsiaClear volume rose 50% year-on-year to 11,263 contracts, with open interest up 42% to 20,526.
- Commodities volume continues to grow, at 189% year-on-year.
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Brothers Past Release Third Volume of Digital Box Set
December 29th, 2010 |
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LIVE IN WINSTON SALEM, NC ON MARCH. 20, 2003
 Everything Must Go Volume 3 |
Brothers Past have released
the third installment in their tenth anniversary digital box set, entitled Everything Must Go. This
release dates back to March. 20, 2003, from a live performance at Rubber Soul in Winston Salem,
NC.
Says the band, “Some of us were into it because of the Beatles reference. It
was a small turnout that night, but one of the people in attendance was Rich Steele, who happens to do
sound for
the band these days. Rich made a multitrack recording of the show and that’s what’s being released. The show is
notable for a couple of reasons, including the legendary “dub” Crutch, which Clay Parnell has referred to as
the first
time the band played something approaching authentic dub.”
The album is available for free stream or purchase at http://downlow.brotherspast.com/.
Brothers Past
Tour Dates
::
Brothers Past News
::
Brothers Past
Concert
Reviews
STI flat in low volume; Banks, rig plays up
December 17th, 2010 |
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The STI is flat at 3,148.20 in anaemic volume of 692 million shares worth $894 million, as a lack of global and domestic catalysts, combined with the fact that most participants are winding down for the festive season, means trade remains rangebound and largely directionless.
STI off 0.1%, Very low volume; 3,118-3,218 band eyed
December 16th, 2010 |
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The STI is down 0.1% at 3,144.44, drifting into negative territory as what little buying interest was holding up the index in the morning seems to have dried up.
Market volume is a mere shadow of yesterday’s, at 670 million shares, worth a paltry $777 million; 225 decliners outweigh 130 gainers.
STI flat in low volume; Shrugs off US lead
December 15th, 2010 |
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The STI is flat at 3,175.37, with the Singapore market shrugging off the positive lead from Wall Street and continuing its recent weak tone amid mixed regional bourses; volume is low again at 277 million shares and expected to stay that way until year-end, barring any shocks from overseas.
Spice i2i +4.0%; Charts tip signs of revival: Trader
December 9th, 2010 |
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Spice i2i (M09.SG) +4.0% at $0.130 in above-average volume; stock enjoying 4th session of gains (which breaks losing run since Nov. 18) after it announced the acquisition of NewTel Corp., the second largest local branded handset player in Thailand on Dec. 6.
“It may be early days yet, but the charts show a pickup in volume and the recent news flow on acquisitions show they’re broadening their business after their rights issue,” says a trader at a local house.
Best Practices for Successful E-Discovery Posted By : Orson Lopez
December 6th, 2010 |
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As the volume of electronically stored information is increasing at an alarming rate, so is the number of lawsuits, corporate investigations, and regulatory audits.
STI +0.7%; volume to pick up near Christmas – DBS
December 6th, 2010 |
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Gains in Singapore shares accompanied by thin volume, suggesting buying conviction low. STI +0.7% at 3195.97 midday, not likely to clear last week’s 3216 peak for rest of session.
SGX securities and derivatives volumes increased y-o-y
December 2nd, 2010 |
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Singapore Exchange (SGX) says its securities and derivatives volumes have increased in November compared to a year ago, as Singapore and regional economies rebounded.
Securities Market
- Total market turnover at $40 billion for November, up 46% year-on-year, with an SDAV of $2 billion.
- Total turnover on GlobalQuote including American Depository Receipts rose to $819 million, up 19% from October and a significant increase from last year.
Derivatives and Commodities Markets
- The derivatives market volume increased 22% from last year to 5.4 million contracts. It traded an average daily volume of 264,929, up 18% year-on-year.
- The FTSE Xinhua ChinaA50 Index futures set its third straight record-high monthly volume with 203,351 contracts traded (US$4 billion notional) and open interest of 20,995 contracts (US$0.4 billion notional).
- AsiaClear open interest rose 20% year-on-year to 20,760. In particular, open interest for OTC energy swaps went up 83%.
- SICOM volume continues to grow, at 192% year-on-year.
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LMA +12.5% on share buyback, but volume light
November 24th, 2010 |
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LMA +12.5% on share buyback, but volume light
LMA International (L24.SG) +12.5% at $0.315 on surgical mask maker’s $0.36/share stock buyback exercise for up to 10% of each investor’s stake.
While move will help bolster EPS, return some cash to shareholders, overall interest remains low, in line with stock’s historically limited following.
Small market cap of $157 million, based on yesterday’s closing price, means LMA not on radar screens of many institutional investors. Orderbook quotes suggest minimal upside from current levels.
Offer valid till Dec. 29, with payment due Jan. 17. LMA will also pay interim dividend of $0.01/share on Feb. 1. As at end-September, company has US$43.9 million ($57.3 million) in cash, or about $0.10/share.
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Shares end lower as China tightening moves weigh
November 22nd, 2010 |
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Singapore shares ended lower in thin volume today as investors remained concerned about the prospects for economic growth in China following last week’s moves there to tighten monetary policy.
The benchmark Straits Times Index finished the day 6.45 points, or 0.2%, lower at 3,190.92 with a total of 1.17 billion shares changing hands compared with 1.25 billion traded Friday.
In the broader market losers dwarfed gainers 283 to 169.
Tiger Air +1.6%; Oct data pretty strong: Analyst
November 16th, 2010 |
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Tiger Airways (J7X.SG) +1.6% at $1.89, after posting 8.0% on-year rise in passenger volume in October to 455,000, load factor +1 percentage point on-year to 87%, though sequentially volume down 1.9%, while load factor steady, according to Dow Jones.
Analyst at local brokerage says, slight monthly drop in volume largely due to seasonality, while overall “it’s a pretty strong set of numbers.” Adds, management guided forward bookings remain strong. For 12-months to end-October, passengers +39% on-year at 5.6 million, average load factor at 86%, +3 ppts on year.
Stock down 14.3% from late-September peak-to-yesterday amid flight cancellations due to technical problems. Bounce today perhaps unsurprising considering upcoming peak December-February season, air travel demand across Asia expected to remain robust; Tiger expected to benefit with accelerated fleet expansion plans, new routes in pipeline.
Orderbook quotes suggest upside may be limited from here with good numbers of sellers at current level.
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Noble +3.9%; Berau Coal deal significant: DBS Vickers
November 8th, 2010 |
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Noble Group (N21.SG) +3.9% at $2.11 midday, enjoying robust gains in good volume of 55 million shares ahead of 3Q results tomorrow as global rally in commodity prices amid weak USD, flush liquidity buoys shares.
Gains also come after company announces deal to be exclusive marketing agent for Indonesia’s Berau Coal production exported to international destinations ex-Japan, Malaysia.
DBS Vickers says “this announcement is significant, as it could potentially almost double (Noble’s) coal trading volume from Indonesia”, currently expects Noble to procure around 15 million tons of coal from Indonesia, excluding Berau. Pending 3Q results, DBSV reviewing forecasts to take additional volume into account; also puts recommendation, target (both not stated) under review.
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NOL +5.0%; Fed, liquidity behind rally: DBS Vickers
November 3rd, 2010 |
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Neptune Orient Lines (N03.SG) +5.0% at $2.30 in strong volume, container shipper +11% over last 5 days, HK-listed peers also rallying; “There is some talk of this (rise) being in anticipation of Christmas demand, but the high point has already come and gone this year; in terms of volumes, we are beyond the peak already,” says DBS Vickers analyst Suvro Sarkar.