https://www.youtube.com/watch?v=FimcIBlk4_o
Janet Yellen Meets With Obama In Emergency Meetings As Crises Erupt Worldwide
Singapore shares open 0.9% up on Thursday
APR 14, 20169: 14 AM
SINGAPORE stocks opened 0.9 per cent higher on Thursday after a surprise currency easing move by the Monetary Authority of Singapore (MAS) before the opening bell and an overnight rally on Wall Street.
The Straits Times Index jumped 25.79 points to 2,916.2 as at 9.00am, after the MAS said it was moving to a neutral policy stance of zero per cent appreciation of the S $ NEER (Singapore dollar nominal effective exchange rate) band.
Bank and energy-related blue chips counters were in play.
Hospitality, exporters, counters with big exposure to offshore earnings to benefit today??
With equity mkts around the world in seeming euphoria, prompted partly by apparent early signs of improvements in the PRC economy n some commodoties experiencing a (tentative?) upturn, such as oil, rubber, palm oil, perhaps time to take a closer look at not only commodities, but also China related stocks - not the schips, but others with businesses in China, such as Global Logistics, where the px is around more than 2-yr lows, maybe?
|
Symbol
|
Name
|
Price
|
Change
|
%Change
|
|
|---|---|---|---|---|---|
| DJIA | Dow Jones Industrial Average | 17908.28 |
|
187.03 | 1.06% |
| S& P 500 | S& P 500 Index | 2082.42 |
|
20.70 | 1.00% |
| NASDAQ | Nasdaq Composite Index | 4947.42 |
|
75.33 | 1.55% |
Dow closes at 5-mo high financials jump
U.S. stocks closed 1 percent higher or more Wednesday, helped by gains in financial stocks following JP Morgan' s earnings beat and a rally overseas after encouraging China trade data.
" Earnings and China seem to be outweighing soft retail sales," said Terry Sandven, chief equity strategist at US Bank Wealth Management. He said the near-term bias for stocks is to approach the upper end of a trading range, " while the expectations are low and companies appear to be beating expectations. "
" I think it' s really just following the European bank stocks and ... weakness in the yen is also helping," said Peter Boockvar, chief market analyst at The Lindsey Group.
" We' re not rallying because things are good here. We' re rallying because some pressure points (from) January and February have eased up," he said, noting the gains have gone further than he expected and that " there' s a real test for the market around these levels. "
European stocks rose more than 2.5 percent, with the STOXX Europe 600 Bank index surging more than 6 percent.
Asian stocks jumped, with the Nikkei 225 up 2.8 percent. The Hang Seng surged nearly 3.2 percent and the Shanghai composite gained 1.4 percent.
In the first increase since June, China dollar-denominated exports rose 11.5 percent in March from the same period last year, recovering from a 25.4 percent drop in February. Imports fell a less-than-expected 7.6 percent in dollar-denominated terms and volumes of most major commodities, notably copper and iron ore, rose strongly, Reuters said. US crude oil futures for May delivery settled 0.97 percent higher, or 41 cents, at $ 41.76 a barrel.
Read More......Why the China trade data is important for world markets
Earlier, oil struggled for gains, briefly topping $ 42 a barrel to hit a fresh high for the year so far. Weekly crude oil inventories from the EIA showed a 6.6 million barrel build, while US production fell below 9 million barrels a day for the first time since late 2014.
Representatives of producing nations are set to meet on Sunday in Doha, Qatar, to discuss an output freeze.
Read more .... L i n k
My friend tell me at no 8 yesterday.... to take profit today....
Heheheeeee....
COO Ong is on maternity leave.....
CEO Pan is flirting with Sister pppgg no time to run Green Huat Kueh factory!!!!
( Board of directors, pls no bonus for him!!!)
Kakakakaaaa
Posted: April 13, 2016 4:34 pmPosted by: @wansitong
ask CEO Pan & COO Ong lorLol ~~
Posted: April 13, 2016 4:30 pmPosted by: @bishan22
What happen to the huat kueh kitchen... Staff on strike iszit.......
Warren Buffett once said: ?The dumbest reason in the world to buy a stock is because it is going up.?
Only long can enjoy.., long oil China related... Only minority can win from markets..
Straits Times Index
2,890.41 2.69% +75.76
| Volume: | 1,545.3M | ||
| Value: | $1,386.0M | ||
| Gainers/Losers: | 276/132 | ||
Singapore stocks close in the black for 2016 after positive China export figures
APR 13, 20165: 34 PM
A LARGE push on the banks on Wednesday helped propel the Straits Times Index (STI) up 75.76 points or 2.69 per cent into the black for 2016 at 2,890.41, after China reported that exports for March increased 11.5 per cent from a year earlier in dollar terms , rebounding from a 25 per cent plunge in February.
Turnover was 1.5 billion units worth S $ 1.4 billion, more than twice Tuesday' s S $ 664 million which was the lowest daily total this year. Excluding warrants, there were 276 rises versus 132 falls.
The STI is now eight points up for the year, only the second time it has been in positive territory for 2016.
Apart from banks, other big index gains came from Singapore Telecommunications, Keppel Corp, Sembcorp Industries and Sembcorp Marine.
Woo hoo... kumsiah amida......
Posted: April 13, 2016 4:41 pmPosted by: @wansitong
lai liao...lai liao..hot hot from oven~
<img alt="
http://oi68.tinypic.com/4hxh0l.jp g" href="http://oi68.tinypic.com/4hxh0l.jpg" target=" _blank"> View Raw Image " src="http://oi68.tinypic.com/4hxh0l.jpg" />
Posted: April 13, 2016 4:34 pmPosted by: @wansitong
ask CEO Pan & COO Ong lorLol ~~
Huat ah
Posted: April 13, 2016 4:41 pmPosted by: @wansitong
lai liao...lai liao..hot hot from oven~
<img alt="
http://oi68.tinypic.com/4hxh0l.jp g" href="http://oi68.tinypic.com/4hxh0l.jpg" target=" _blank"> View Raw Image " src="http://oi68.tinypic.com/4hxh0l.jpg" />
Posted: April 13, 2016 4:34 pmPosted by: @wansitong
ask CEO Pan & COO Ong lorLol ~~
lai liao...lai liao..
hot hot from oven~
<img alt="
http://oi68.tinypic.com/4hxh0l.jp g" href="http://oi68.tinypic.com/4hxh0l.jpg" target=" _blank"> View Raw Image " src="http://oi68.tinypic.com/4hxh0l.jpg" />
Posted: April 13, 2016 4:34 pmPosted by: @wansitong
ask CEO Pan & COO Ong lorLol ~~
Posted: April 13, 2016 4:30 pmPosted by: @bishan22
What happen to the huat kueh kitchen... Staff on strike iszit.......
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