In Singapore, it's not margin calls brokerages worry about
Singapore
BROKERAGE heads do not foresee a significant jump in forced selling or contra losses even if the market takes a turn for the worst, as high rollers are dwindling in number and simply more cautious than they used to be.
In fact, margin calls are the furthest concern for stockbroking firms here today, as retail participation in the Singapore market stays muted, whether share prices are falling, rising, or going nowhere at all.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
DBS customers unable to log into digibank, PayLah! on Thursday
US: Wall St opens higher after Fed leaves interest rates alone
Japan’s Sumitomo Corp net profit down 32% on Madagascar one-off loss
Moody's tops quarterly profit estimates on strong product demand
Hong Kong regulator brings insider trading charges against Segantii and its founder
Novartis to buy radiology specialist Mariana Oncology for US$1 billion