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...