Singapore stocks finish higher thanks to hopes of US rate hike in December

THE three banks were once again the beneficiaries of expectations that US interest rates will be raised in December with all three ending stronger on Thursday after the overnight release of the minutes of the September US Federal Open Markets Committee meeting which showed that Fed officials...

Singapore stocks finish mixed, STI dragged lower by banks

WIKIPEDIA defines Chinese water torture as "a process in which water is slowly dripped onto a person's forehead, allegedly making the restrained victim insane". ...

Singapore stocks finish mixed in low volume

A largely nondescript Tuesday ended with stocks mixed. An early bout of selling of the banks brought on by an overnight dip on Wall Street depressed the Straits Times Index to an intraday low of 3,278, though a positive session for the Dow futures was possibly the motivation for afternoon short-...

Singapore stocks finish higher, STI up 2.2% for week thanks to banks, Jardine

THE banking sector was once again the focal point of the week, initially rising on expectations of a December US rate hike, then falling sharply on Tuesday and Wednesday when traders switched into China banks trading in Hong Kong following a reserve requirement rate (RRR) cut by China's...

Singapore stocks finish higher on expectations of another Wall Street record

A 30-POINTS rise in the Dow futures helped the Straits Times Index kick off the week with a 42.19-point or 1.3 per cent gain at 3,262.1 on Monday. Rises in the three banks, Singtel and Jardine stocks were the largest contributors, though volume at 1.3 billion units worth S$906 million was not...

Singapore stocks finish Friday mixed, STI flat for the week

ON Friday, softness in the banks left the Straits Times Index (STI) 7.23 points weaker at 3,219.91, although month-ending window-dressing took the index off its intraday low of 3,200. For the week, the index lost just one point.

Singapore stocks finish mixed, STI weighed down by losses in Jardine stable

IN relatively quiet trading, the Straits Times Index (STI) drifted to a 4.25 point loss at 3,213.82. Although volume of 1.8 billion units worth S$1.1 billion bettered Wednesday's S$824.4 million, it was still only just above the industry's unofficial breakeven of S$1 billion. Excluding...

Singapore stocks finish weaker as caution reigns ahead of FOMC meeting

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

Singapore stocks finish weaker ahead of US FOMC meeting

THE Straits Times Index (STI) 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...

Singapore stocks finish higher thanks to robust NODX, jump in Dow futures

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 non-oil domestic export (NODX) numbers 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...

Singapore stocks finish lower after North Korean missile test

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

Singapore stocks finish weaker on China slowdown fears

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

Singapore stocks finish mixed

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

Singapore stocks close mixed

A 120 points 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 drifted to a 0.05 of a point loss at 3,228.51, although the consolation was that the broad market did manage 214 rises...

Singapore stocks finish Friday mixed; STI down 1.5% for week

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's response would be mainly through diplomatic channels. ...

Singapore stocks finish mixed following Wall Street

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-points slide in the Dow futures that indicated a possibly weak opening for the US market on Thursday.

Singapore stocks finish higher in low volume

HAVING plunged almost 47 points on Monday after North Korea's nuclear test over the weekend, the Straits Times Index on Tuesday rebounded 20.29 points to 3,251.26...

Singapore stocks finish higher as North Korean worries recede

NORTH Korea's missile test over Japan on Tuesday raised the geopolitical risk level and lowered stock prices, but by the end of the week, markets had concluded that it was probably just another bout of sabre-rattling, much like several similar episodes over the past few years...

Singapore shares finish higher as North Korean tensions ease

THE Straits Times Index on Wednesday rebounded 15.92 points to 3,265.26 as tensions surrounding North Korea's Monday missile test eased - the Hang Seng surged 1.2 per cent, the Dow futures rose 30 points and Europe opened in the black across the board...

Singapore shares finish lower after North Korea fires missile over Japan

A North Korean missile test on Tuesday brought geopolitical tensions to the fore and sent the Straits Times Index (STI) down 18.28 points to 3,249.34. At 5 pm, the Dow futures had dropped 144 points, signalling a weak opening for Wall Street, while Europe opened in the red across the board.

Singapore stocks finish mixed as banks push STI higher

TRADING in the local stock market got off to a quiet start this week, with gains in the three banks pushing the Straits Times Index (STI) up 8.05 points to 3,267.62.

Singapore stocks finish weaker

POLITICAL posturing and the threat of war between the US and North Korea were pushed aside this week, overshadowed by concerns over the local banks' exposure to the ailing oil and gas (O&G) sector, domestic political worries in the US surrounding escalating racial tensions and a terror...

Singapore stocks finish lower on Friday, hit by Wall Street's selloff

WALL Street's volatility was the main feature of trading this week, especially in the second half. A sharp rise on Wednesday meant the Straits Times Index rose 43 points on Thursday, but an unexpected plunge the next day brought the sellers out: on Friday, the STI dropped 32.17 points, which...

Singapore stocks finish higher; STI jumps 1.3%

ON Thursday, the eve of the final day of the second quarter, the Straits Times Index managed an impressive 42.95 points or 1.3 per cent jump to 3,258.65 as buyers drew inspiration from a large overnight rally on Wall Street.

Singapore stocks finish lower

WALL Street's Tuesday slide brought some pressure to bear on local stocks on Wednesday but as far as the Straits Times Index was concerned the selling was well-absorbed. After losing 16 points at one stage, the STI finished a net 3.83 points lower at 3,215.7...