Market Close
STI ends 2.65% lower at 2,729.91
January 7, 2016: 5:15 PM
Singapore equities tumbled on Thursday, amidst a rout in other Asian markets, as well as a trading halt on mainland Chinese exchanges.
The Nikkei 225 and KOSPI Indices slipped 2.33% and 1.10% respectively, while the Hang Seng Index sank 3.09%.
The Straits Times Index (STI) ended the day 2.65% lower at 2,729.91, after trading between 2,726.92 and 2,797.59. Market breadth was negative. Excluding warrants, decliners outnumbered gainers 397 to 71.
A total of 1.31 billion shares worth about $ 1.57 billion changed hands, giving an average of $ 1.20 per share for the entire market.
Noble Group (Valuation: 1.80, Fundamental: 0.35), Singapore Telecommunications (Valuation: 1.70, Fundamental: 1.30), Genting Singapore (Valuation: 1.40, Fundamental: 0.90), Ezra Holdings (Valuation: 1.10, Fundamental: 0.45), and Spackman Entertainment Group (Valuation: N / A, Fundamental: N / A) were among the most actively traded counters.
. All STI components ended lower Among these, Noble Group plunged 9.2% to 34.5 cents, Keppel Corporation (Valuation: 1.80, Fundamental: 1.30) dived 6.6% to $ 5.82, while Sembcorp Marine (Valuation: 1.80, Fundamental: 1.10) sank 6.1% to $ 1.55.
Luzhou Bio-chem Technology (Valuation: 0.30, Fundamental: 0.35).. Plummeted 18.2% to 3.6 cents The producer of corn starch and by-products was on Tuesday queried by the Singapore Exchange over unusual trading activity in its shares Luzhou says it is not aware of any information not previously announced that might explain the trading.
Sarine Technologies (Valuation: 1.10, Fundamental: 2.50) climbed 2.9% to $ 1.595 The manufacturer of precision technology products for the evaluation of diamonds and gems says that it expects to post " modest" profit from operations for its fourth quarter..
Noble Group plunged 9.2% to 34.5 cents. Ratings firm Moody' s Investors Service last month downgraded the commodity trader' s senior unsecured bond ratings to Ba1 from Baa3.
Terratech Group (Valuation: N / A, Fundamental: N / A) tumbled 7.9% to 5.8 cents The marble producer on Tuesday announced that it has received a notification from parent company Tritech Group. (Valuation: 0.90, Fundamental: 0.95) of its intention to dispose a 29% interest.
Positive = ego or negative = ego? Haha
There sure to be rebounds along the way.
But the trend must be respected by all. Ego must be subdued.
SGX = STi = EverydayRed.com.sgFall for the 4th straight days of brand new year 2016..... if tomorrow already red, then really bad omen.
Anyway I already given up this market since Tuesday seeing no hope with foreign/ institutional funds exiting SG by the loads. Wait till dust settle then reposition
Haha dwn scare pple lah
DJ 9k, alot of pple already lose underpants
.7k..liao liao..
Will happen? Why not? Time to Prevail. .let the show begin
If correction is 20% we will see 14k.... if bear market.... 50%-70% crash... we will see 5k to 7k dow..
If correction is 20% we will see 14k.... if bear market.... 50%-70% crash... we will see 5k to 7k dow..
FAZ will cheong 6% today... sembcorp industry has been downgrade....dont buy them... US -500 pts coming
wonder what will happen when markets open tomorrow morning...
managed to sell some and added some...dun panick
This is a world-wide situation.
magnificient sea of red. STI going down? how low would it go? if tomorrow deep red, means STI on route to 2500 or even lower.
magnificient sea of red. STI going down? how low would it go? if tomorrow deep red, means STI on route to 2500 or even lower.
There sure to be rebounds along the way.
But the trend must be respected by all. Ego must be subdued.
SGX = STi = EverydayRed.com.sgFall for the 4th straight days of brand new year 2016..... if tomorrow already red, then really bad omen.
Anyway I already given up this market since Tuesday seeing no hope with foreign/ institutional funds exiting SG by the loads. Wait till dust settle then reposition
At least HSI, perhaps a bit more understandable cos it' s one country, two sstems, n the economy there has so much more links to the mainland (although we know that in truth, there' s a lot of massaging too). But sgx leh? Why so badly affected practically every day. Are we two countries one system with PRC?
SG is now pesudo mini-china... hsi & sti will take the abuse while big bro halt & hide.
Future -266... see liao la....
SGX = STi = EverydayRed.com.sg
Fall for the 4th straight days of brand new year 2016..... if tomorrow already red, then really bad omen.
Anyway I already given up this market since Tuesday seeing no hope with foreign/ institutional funds exiting SG by the loads. Wait till dust settle then reposition
At least HSI, perhaps a bit more understandable cos it' s one country, two sstems, n the economy there has so much more links to the mainland (although we know that in truth, there' s a lot of massaging too). But sgx leh? Why so badly affected practically every day. Are we two countries one system with PRC?
SG is now pesudo mini-china... hsi & sti will take the abuse while big bro halt & hide.
