STOCKS

US rate expectations, North Korea to drive STI

IN Friday's market report, the possibility was raised that the Straits Times Index's best days for 2017 have already passed and that the 16 per cent run that took it from 2,880 at the start of the year to 3,354 on July 27 raises the possibility that there may not be much to look forward...
WARRANTS A LOOK

CSC Holdings - for now, best to wait and see

ON Friday, shares of construction and engineering firm CSC Holdings were actively traded, rising marginally before ending unchanged for the day at S$0.028 on volume of 19.8 million.
STOCKS

Banks prop up Friday's weak session, STI up 0.3% for the week

ON paper, the key event this week was the US Federal Reserve's Open Market Committee meeting held over Tuesday and Wednesday. Although no interest rate hike was expected, the market was waiting for information on two fronts - the Fed's "dot plot", which provides an insight into...
MUSIC TO MY EARS

Beautiful noise

AUDIOPHILES know that the electricity supply drawn from their main community power grid is "dirty", containing all sorts of interference that can distort the music signal and reduce the sonic performance of their equipment...

Singapore stocks close week on a soft note despite banks propping STI up

THE 30-stock Straits Times Index fell for three of the five days this week, though on Friday gains in the banks helped it record a 6.43-point rise to 3,220.25 that enabled it to register an 11-point or 0.3 per cent rise for the week.
STOCKS

Mixed session as Jardine stable weighs STI down

THERE is a growing feeling among market watchers that the Straits Times Index's (STI) best days for 2017 came in the first half of the year and that for the remaining three months, a slow downward drift is all that can be expected...
STOCKS

Cautious session ahead of FOMC meeting

TRADING on Wednesday crawled to a virtual standstill as players waited for the outcome of the latest US Federal Open Market Committee (FOMC) meeting which would be known on Thursday morning, local time. The Straits Times Index spent the day tracking the Dow futures and Hong Kong, eventually...
STOCKS

STI pulls back as Fed ponders tightening

THE Straits Times Index on Tuesday took its cue from movements in the Dow futures and the Hong Kong market, dropping 15.9 points to 3,225.95. Having already risen sharply on Monday ahead of Wall Street's record high later that day, trading was much more subdued on Tuesday, with turnover...

Rewarding good governance

IS there scope here to reward firms that practise good governance?
STOCKS

Market recoups half of fortnight's losses

A 60-point rise in the Dow futures, a robust session in Hong Kong that saw the Hang Seng close at a 27-month high and strong domestic export numbers in Singapore on Monday combined to send the Straits Times Index 32.29 points up to 3,241.85, after it had dropped 69 points over the previous two...
WARRANTS A LOOK

TA Corp warrants have time on their side

JUDGING by the pace of rising en bloc fever, it looks like the property market is set for a spectacular recovery, notwithstanding the fact that most of the government's cooling measures are still in place. ...
STOCKS

STI ends week of relatively quiet trading 19 points lower

THE week just past will probably be remembered for the sudden downgrade of the three Singapore banks, the return of geopolitical tensions after North Korea launched a missile over Japan on Friday and weak economic numbers from China.
STOCKS

STI down 9.41 points on weak China data

THERE was no change on Thursday to the pattern of trading established over the previous three sessions here this week - prices drifted for most of the day as traders ignored yet another all-time high on Wall Street, with the Straits Times Index (STI) shifting uneasily within a tight band before...

Winning ways and means

IT is a truism to say that the future is inherently uncertain or that company bosses whose function is to look years ahead and to position their organisations appropriately are confronted with an unenviable if not impossible task.
STOCKS

Mixed session despite West's 'relief' rally

TRADING on Wednesday followed closely along the lines of the two previous sessions this week, with prices drifting most of the day.
STOCKS

US relief rally helps perk up STI

ACTIVITY in local stocks remained subdued on Tuesday as traders appeared relatively unexcited by Wall Street's all-time Monday high. The Straits Times Index (STI) traded within a narrow band before ending 7.18 points higher at 3,235.69, turnover was low at 1.3 billion units worth S$993 million...
STOCKS

STI drifts lower despite rallies elsewhere

A 120-point jump in the Dow futures, a strong session in Hong Kong and a firm opening for Europe failed to lift the local stock market on Monday. Instead, the Straits Times Index (STI) drifted to a loss of 0.05 of a point - although the consolation was that the broad market did manage 214 rises...
STOCKS

All eyes on N Korea moves, US debt-ceiling saga & dollar

NORTH Korean leader Kim Jong-un and US President Donald Trump share more than just outrageous hairdos - both have played a significant part in influencing stock-market movements over the past few weeks. Moreover, both are likely to continue to do so in the days ahead.
WARRANTS A LOOK

Starburst's warrants deserve another look

MOST of the time, warrants will move in tandem to their underlying shares. However today's feature, Starburst Holdings' warrants, on Friday fell when the stock rose. So even though we've featured Starburst's warrants in this column before, this movement suggests the instrument...
STOCKS

STI sheds 1.5% on North Korea and US debt ceiling worries

NORTH Korea's nuclear test last weekend brought the sellers out in the early part of the week, though prices stabilised when it appeared that the US response would be mainly through diplomatic channels. ...
MUSIC TO MY EARS

Superb playback that doesn't break the bank

IF YOU'RE a music enthusiast, audiophile, or both, you would know that although digital downloads and music streaming dominate the playback landscape today, vinyl has managed an impressive comeback over the past decade. Such is the strength of this revival that in June this year Sony Music...
HOCK LOCK SIEW

10 years after the subprime crisis, have things really changed?

IT HAS been 10 years since the start of the US subprime mortgage crisis - which for some unknown reason is now referred to as the Great Financial Crisis but we prefer to call it by its correct name. On the face of it, there have been many changes to the financial system to improve and strengthen it...
STOCKS

US debt ceiling doubts cap prices here

THE local stock market underwent a quiet trading session on Thursday, with support coming from a firm overnight Wall Street but with a drag coming from a 40-point slide in the Dow futures that indicated a possibly weak opening for the US market on Thursday.
STOCKS

Reits, banks hit in weak session

THERE were no real surprises on Wednesday as the Straits Times Index (STI) dropped 18.79 points to 3,232.47 in response to Wall Street's large overnight fall that came about because of concerns over the North Korea situation and the US government's debt ceiling...
HOCK LOCK SIEW

Will the research conundrum ever be resolved?

EVERY day in the local stock market over the past two months the shares of Rowsley Holdings, the diversified real estate company controlled by well-known local businessman and billionaire Peter Lim, have been among the most actively traded.