SGX really need this pill. Diarrhoea for so many days already.
PC Pills:https://en.wikipedia.org/wiki/Po_Chai_Pills
what pc pills?
SGX = STi = EverydayRed.com.sg
Just remember the above & you won't feel surprise, before 2016 & from 2016 to date
STI is at the mercy of the army of chinese pyjama traders...
http://www.bbc.co.uk/news/blogs-china-blog-35291536
China' s stock market and the rise of the ' pyjama traders'
Even if administer the blueV also still wobble one.
time to take pc pills.
time to take pc pills.
STI likes to follow lagger....
2500 then we see some stability but it might go testing 2350 depth if global economy weaken further. This year of fire monkey, very bad for stock market upheavel of valuation and chaos till later when the monkey is subdued by Buddha
Noon Market
STI dips 0.07% to 2,689.89 at midday
January 13, 2016: 12:23 PM
Singapore equities traded little changed at noon on Wednesday, amidst gains in most other Asian markets.
By 12.21pm, the Straits Times Index shed 0.07% to 2,689.89. Market breadth was positive. Excluding warrants, gainers outnumber decliners 172 to 134.
The Straits Times Index (STI) traded between 2,686.19 and 2,717.36, after opening 0.78% higher at 2,712.69.
A total of 507.4 million shares worth $ 540.9 million changed hands, giving an average price of about $ 1.07 per share for the entire market.
Noble Group (Valuation: 1.80, Fundamental: 0.35), China Sports International (Valuation: 0.90, Fundamental: 1.65), Chiwayland International, Linc Energy (Valuation: 0.00, Fundamental: 0.00), and Ezra Holdings (Valuation: 1.10, Fundamental: 0.45) were among the most actively traded counters.
Chiwayland International surged 12.8% to 8.8 cents. The property developer, focused on providing urban living solutions in China, was queried by the Singapore Exchange for unusual trading activity in its shares.
Linc Energy leapt 20.3% to 9.5 cents. The diversified energy firm announced that it has on Monday received in-principle approval from the Singapore Exchange for the listing of 24 million placement shares at an issue price of 12.105 cents each.
LionGold Corp (Valuation: 0.90, Fundamental: 0.40). Plummeted 16.7% to 0.5 cents The company on Tuesday announced that it will issue about 44.4 million conversion shares after the subscriber exercised its right to convert four of 2.5% redeemable convertible bonds due 2018.
Ezra Holdings slipped 1.3% to 7.8 cents. Ezra says the quarter is expected to show a net loss, mainly attributable to the continuing depressed state of the oil and gas industry which has impacted activities in the global offshore marine and subsea industry.
Target 2750 to 2800
Singapore' s STI Flirts With Another Decline After Early Gains
3 January 2016 12:27
Singapore' s main stock index sheds early gains and trades down as much as 0.1%, Wednesday late morning (now flat at 2691.17) as an early recovery for some sold down counters gives way to concerns about growth and a weak results season.
Embattled rigbuilder SembCorp Marine (S51.SG), which was up as much as 1.3% early in the day, now trades 5% lower to S $ 1.435 a share, with investors still concerned about order cancellations.
Golden Agri-Resources (E5H.SG) was up 1.4% in the morning and now falls 1.4%, yo-yoing on palm oil price moves.
The clear lead for developers seen in early trade is now less obvious, though City Developments (C09.SG) holds on to gains, last up 1.1%. Noble Group (N21.SG) surprises after days of losses, trading 1.5% higher as one of the strongest large-cap stocks.
2700 cannot even tong 1 day. Better hold your lorries first.....
Knn...now in the red liao....sucker sti....lol
Knn...now in the red liao....sucker sti....lol
