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STI to cross 3000 boosted by long-term investors

tiong huat tee · 2015-06-15T10:39:19Z

Market Close Singapore market ends in the red June 15, 2015 : 6:27 PM Singapore shares ended in negative territory at the close of trading today, in step with declines on a majority of other bourses in Asia. The Straits Times Index shed 0.92% to 3,323.13. Some 1.05 billion shares worth $ 937.1 million changed hands, compared with 1.31 billion shares worth $ 947.8 million last Friday. Market breadth was negative, with decliners outpacing gainers 305 to 126. Singapore Telecommunications, United Overseas Bank , Noble Group , DBS Group Holdings ,and Wilmar International ended among the most active stocks in the market in terms of value traded. Among decliners, CNA Group slumped 7.7%. The master systems integrator has terminated See Soon Hong as the CEO of its China business with effect from June 12 amidst a boardroom tussle. Mercator Lines (Singapore) slipped 4.8%. The Indian-owned international dry bulk shipping company announced after market close that it has secured a long-term charter for its gearless Kamsarmax to Clearlake Shipping for a period of 12 to 16 months at US $ 7,050 per day. Mapletree Greater China Commercial Trust fell 1.9%. The REIT acquired a property called Sandhill Plaza located at 2290 Zuchongzhi Road, Zhangjiang Hi-tech Park, Pudong New Area, Shanghai, China for RMB 1.89 billion ($ 412.2 million). Among the gainers, Noble Group surged 5.1% in active trading. The commodity trader bought back a second batch of 25 million shares at an average price of $ 0.6728 last Friday as it seeks to install confidence among investors. Lifebrandz jumped 66.7%. The lifestyle-related brand development company reported narrower losses of $ 0.56 million in 3Q ended April from $ 1.04 million a year ago after ceasing its operations in the Clarke Quay area. Xpress Holdings leapt 6.3%. This is in spite of the printing company posting a 38.5% drop in earnings to $ 144,000 in 3Q15, from $ 234,000 a year ago. It is currently facing legal action from its creditors

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Isolator Person

(@isolator)

Posts: 826

Prominent Member

Hohoho... Tell you...after last night and today movement of oil... It confirm for the big rally without retrace... Long oil and ebjoy

Posted: March 8, 2016 6:13 pm
Posted by: @halleluyah

↑

If crude tonite can cross 37.80 (critical pt)...most likey will rally to 40.....

Posted : 08/03/2016 10:18 am

jen quah

(@halleluyah)

Posts: 2125

Noble Member

If crude tonite can cross 37.80 (critical pt)...most likey will rally to 40.....

Posted : 08/03/2016 10:13 am

jazz tan

(@jazzietan)

Posts: 752

Prominent Member

Market is high chance dump & pump. Oil tanking after GS remark

Posted: March 8, 2016 5:59 pm
Posted by: @risktaker

↑

Still long ah!?

Posted: March 8, 2016 4:47 pm
Posted by: @isolator

↑

Long oil kepcorp cosco ipco hlh blumont now... Enjoy..

Posted : 08/03/2016 10:12 am

Isolator Person

(@isolator)

Posts: 826

Prominent Member

Enjoy the oil rally...

Posted : 08/03/2016 10:06 am

Isolator Person

(@isolator)

Posts: 826

Prominent Member

Sure long when you short... Long and enjoy...

Posted: March 8, 2016 5:59 pm
Posted by: @risktaker

↑

Still long ah!?

Posted: March 8, 2016 4:47 pm
Posted by: @isolator

↑

Long oil kepcorp cosco ipco hlh blumont now... Enjoy..

Posted : 08/03/2016 10:03 am

Yun Fei Tan

(@risktaker)

Posts: 3082

Famed Member

Still long ah!?

Posted: March 8, 2016 4:47 pm
Posted by: @isolator

↑

Long oil kepcorp cosco ipco hlh blumont now... Enjoy..

Posted : 08/03/2016 9:59 am

Isolator Person

(@isolator)

Posts: 826

Prominent Member

Long oil kepcorp cosco ipco hlh blumont now... Enjoy..

Posted : 08/03/2016 8:47 am

Isolator Person

(@isolator)

Posts: 826

Prominent Member

Can long kepcorp again.. Enjoy

Posted : 08/03/2016 8:42 am

Isolator Person

(@isolator)

Posts: 826

Prominent Member

Some people will come out when they see red... Not knowing that it will turn green later again... They will hide again... Long long and enjoy.,,

Posted : 08/03/2016 8:37 am

Isolator Person

(@isolator)

Posts: 826

Prominent Member

Lau sai?? This is opportunity to long... Long and enjoy...

Posted: March 8, 2016 3:40 pm
Posted by: @halleluyah

↑

There cosco lau sai liao yu boh...toilet paper no enuf wor....lol

Posted: March 8, 2016 11:25 am
Posted by: @halleluyah

↑

Lol...macam tonite dow going to lau sai..china trade data so sucks...better take profits n run rd loh...

Posted : 08/03/2016 8:33 am

Hai Hin Er

(@erhaier)

Posts: 286

Reputable Member

why are you so bullish (besides oil) on the mkt, can enlighten?

Posted: March 8, 2016 1:23 pm
Posted by: @isolator

↑

He said lau sai many weeks ago... But market rally... Rally just begin... Long and enjoy..

Posted : 08/03/2016 8:21 am

Joan Ong

(@wansitong)

Posts: 18033

Illustrious Member

China: Stocks reverse hefty losses, rise for a 6th straight day

China stocks reversed losses and rose for a sixth straight session on Tuesday, as a sharp course-change for start-up board ChiNext and a late rally in banking stocks pulled main indexes out of negative territory in the last few minutes of trading.

Both the blue-chip CSI300 index and the Shanghai Composite Index erased early losses of more than 2 per cent, and ended the day up 0.14.per cent, at 3,107.67 points and 2,901.39 points, respectively.

The ChiNext witnessed wild swings, slumping over 4 per cent during the morning session but ended the day up 2.2 per cen

Posted : 08/03/2016 7:46 am

jen quah

(@halleluyah)

Posts: 2125

Noble Member

There cosco lau sai liao yu boh...toilet paper no enuf wor....lol

Posted: March 8, 2016 11:25 am
Posted by: @halleluyah

↑

Lol...macam tonite dow going to lau sai..china trade data so sucks...better take profits n run rd loh...

Posted: March 8, 2016 11:10 am
Posted by: @isolator

↑

Long cosco ipco hlh blumont... Enjoy..

Posted : 08/03/2016 7:40 am

Yun Fei Tan

(@risktaker)

Posts: 3082

Famed Member

Becareful..... Thats all i can say...

Posted: March 8, 2016 1:23 pm
Posted by: @isolator

↑

He said lau sai many weeks ago... But market rally... Rally just begin... Long and enjoy..

Posted : 08/03/2016 7:30 am

Isolator Person

(@isolator)

Posts: 826

Prominent Member

Cosco ipco hlh blumont will charge up irregardless of how index move... Long and enjoy..,

Posted : 08/03/2016 5:42 am

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