Healthcare stocks were in the pink of health in a weak market.
Healthcare was the strongest sector of all primary listings on the Singapore Exchange last year. The SGX Healthcare Index, which comprises 29 constituents with a combined market capitalisation of $31.6 billion, rose 11.8 per cent as at Dec 29.
Straits Times Index (STI) achieved the dubious distinction South-east Asia' s worst-performing index for last year, as it shed 14.3%of its value. A total of 505 stocks lost value last month compared with only 210 that gained.
By the end of the half-day trading session yesterday, the total value of 764 companies listed on the Singapore Exchange (SGX) was $856.4 billion, down $100.6 billion from a year ago.
| STI | 2882.73 |  -2.78 |
http://www.straitstimes.com/business/companies-markets/sti-worst-index-in-s-e-asia-last-year
Saudi Arab has chosen to be a oil kingdom, that can break the camel back in 2-3 years time. When their oil money is use up...
Serves Saudi right !They want market share and continues to pump oil.
Now China is buying more from Russia instead of Saudi Arabia
Agence France @AFP 2 minutes ago
Saudi shares dive after kingdom announces record $98 bn deficit http://u.afp.com/ZdgQ #SaudiBudget
Is this doing the right thing? Or doing things right?
It doesn' t matter to the Global Xchange of the Yr. The accolade is all that matters. So, they will continue to look after the side of the business that' s catapulted them to the pinnacle n leave the equity side to decay.
Serves Saudi right !They want market share and continues to pump oil.
Now China is buying more from Russia instead of Saudi Arabia
Sorry wrong posting below. Pl take it as deleted. Apologies again.
It doesn' t matter to the Global Xchange of the Yr. The accolade is all that matters. So, they will continue to look after the side of the business that' s catapulted them to the pinnacle n leave the equity side to decay.
Serves Saudi right !They want market share and continues to pump oil.
Now China is buying more from Russia instead of Saudi Arabia
It doesn' t matter to the Global Xchange of the Yr. The accolade is all that matters. So, they will continue to look after the side of the business that' s catapulted them to the pinnacle n leave the equity side to decay.
Serves Saudi right !They want market share and continues to pump oil.
Now China is buying more from Russia instead of Saudi Arabia
Agence France @AFP 2 minutes ago
Saudi shares dive after kingdom announces record $98 bn deficit http://u.afp.com/ZdgQ #SaudiBudget
Serves Saudi right !
They want market share and continues to pump oil.
Now China is buying more from Russia instead of Saudi Arabia
Agence France @AFP 2 minutes ago
Saudi shares dive after kingdom announces record $98 bn deficit http://u.afp.com/ZdgQ #SaudiBudget
Agence France @AFP 2 minutes ago
Saudi shares dive after kingdom announces record $98 bn deficit http://u.afp.com/ZdgQ #SaudiBudget
STi index is up around 18 points this 1st hour of trade but liquidity is low. Only Noble Group with good volume, but the general market here is quiet.
Most likely traders and retail investors are on the sideline waiting for today's Fed's speech by Janet Yellen 2.30pm U.S. Eastern time before taking position again
http://www.cnbc.com/2015/12/15/fed-could-pump-some-life-into-aging-bull-market.html
Fed rate hikes are not necessarily bad for stocks, at least at first.
If history is a guide, the start of the hiking cycle may even be good news for those who fear the more than 6-year-old bull market is on its last legs. Stocks were sharply higher Tuesday on the eve of an expected Fed rate rise Wednesday afternoon &mdash the first in nine years.
" It' s a matter of time frame. It' s very clear that the first Fed rate hike does signal the end of the bull market, but on average that end has come two years later and 33% higher with a low range of nine months and 10%," said Julian Emanuel, equities and derivatives strategist at UBS. " We fully believe we are going to see new highs in the indexes in the next six months, if not far sooner."
All sorts of bullsh*t these analysts, journalists n fund managers. Say one thing, do another. Now so manay mkts on fire.
Markets expect the Fed to hike interest rates this week and as many as three more times next year, according to the CNBC Fed Survey, and respondents believe it' s bad for stocks, housing and the economy. http://www.cnbc.com/2015/12/14/wall-st-expects-three-more-rate-hikes-in-16-survey.html
Markets expect the Fed to hike interest rates this week and as many as three more times next year, according to the CNBC Fed Survey, and respondents believe it' s bad for stocks, housing and the economy. http://www.cnbc.com/2015/12/14/wall-st-expects-three-more-rate-hikes-in-16-survey.html
Will be interesting to know whether players is buying up or selling down for today as DOW is up very green +369.96 points or 2.12%.
Sure plenty of green counters n hope alot alot of pennys is trading up...Happi to all huat..argh.
People' s Bank Of China (PBOC) headquarters in Beijing, China.
China' s central bank provided yet more stimulus to the country' s economy on Thursday by lowering the interest rates on the loans it gives to banks.
The move, which will come into effect on Friday, will cut the overnight and seven-day rates it gives to Chinese lenders by 2.75 percent and 3.25 percent respectively.
http://www.cnbc.com/2015/11/19/chinas-pboc-annocunes-more-easing-measures.html
http://money.cnn.com/2015/11/19/news/economy/china-consumer-spending/index.html?iid=hp-stack-intl
China' s consumers are projected to spend more than up to $6.4 trillion a year by 2025.
That' s about a 70% increase from the $3.7 trillion that consumers in China spent last year.
Overall, consumption is estimated to grow by an average of 5.2% a year over the next decade, as wages rise and the Chinese become more aspirational in their spending, even as overall economic growth slows.
At that rate, cumulative consumer spending will hit a whopping $56 trillion between now and 2025, keeping China firmly in place as the second-largest consumer market in the world, after the U.S.
