Archive | Singapore Trading News

Limited Movement Tipped For Singapore Stock Market

Limited Movement Tipped For Singapore Stock Market The Singapore stock market has closed lower now in back-to-back sessions, although it has fallen jusSee all stories on this topic …

Read the full story

Posted in Market Update0 Comments

HPH Trust posed for rise

Hutchison Port Trust (NS8U.SG) has been trading below it IPO debut price of US$1.01 ever since it was first listed in the Singapore Exchange Main board. Being listed almost immediately after the Japan Earthquake gave the counter a bad start.A weak US dollar coupled with general weakness in global equities has seen the stock hovering […]

Read the full story

Posted in Singapore Trading News, Stock Trading0 Comments

Market Updates 05/03/2013

February highlights  Italy’s election results triggered concerns that it may raise tail risks for the Euro area again and increase the risk that investors will resort to ―safe havens‖ as before.  Chairman Ben Bernanke defended the Federal Reserve’s low-interest rate policies to calm fears that super-low rates risk igniting inflation or rattling investors. […]

Read the full story

Posted in Market Update0 Comments

Market update 26/02/2013

Asia Market outlook China — Headwinds from property curbs and gasoline price increase The recent two announcements by the Chinese government had a negative impact to the equity market last week. First, the premier Wen reiterated 5 general guidance at a state council meeting to curb China’s property market: 1) Further strengthen average selling price […]

Read the full story

Posted in Market Update0 Comments

Market Update 19 February 2013

China’s January monetary data indicate a strong start The much stronger-than-expected monetary data in January have indicated a renewed momentum of investment after the leadership reshuffle. The seasonal effect (the Chinese New Year started on 23 Jan last year vs 10 Feb this year) had distorted the Jan growth rates to the upside, but the […]

Read the full story

Posted in Market Update0 Comments

Asia Region Market Update 05/02/2013

Asia ex Japan : China’s cyclical rebound on track Analysts believe that a modest cyclical rebound appears on track despite holiday-related distortion. The official PMI declined slightly from 50.6 in Dec 2012 to 50.4 in Jan 2013 but has stayed above 50 for four months. These results suggest the cyclical rebound is on track, although […]

Read the full story

Posted in Market Update, Singapore Trading News0 Comments

New Exciting Overseas Education Limited IPO: Apply or not?

Overseas Education (OEL) has launched its initial public offering (IPO) to raise $56.1 million. The 125 million shares to be issued, comprising of 3.75 million shares for the public and 121.25 million placement shares, are priced at 48 cents each. The issue price is 6.6 times Overseas Education’s earnings per share of 7.3 cents for […]

Read the full story

Posted in Featured, Singapore IPOs, Singapore Trading News0 Comments

Market Update January 28th 2012

Economic Outlook Currency debasement is especially sensitive in Asia While central banks in advanced economies are making concerted efforts to boost their economies through increasingly loose monetary policies, some current account deficit countries’ sizeable financing needs or high inflationary pressures would welcome the benefits of liquidity injection and capital inflows from advanced economies. But in […]

Read the full story

Posted in Market Update, Singapore Trading News0 Comments

Market update 22/01/2013

Positive macro data lifted sentiment further Last Week’s Highlights Risk assets across equities and commodities continued to edge higher last week. Most impressive were a set of positive surprises from Chinese economic data. China’s GDP growth confirms a cyclical rebound of the economy. The reading of 7.9% in Q4, which makes the annual GDP growth […]

Read the full story

Posted in Market Update0 Comments

2013 Singapore Stock Market opening : Correction Expected

The Straits Times Index (STI) has risen by a quite a fair bit towards the close of the year and I would not expect much reversal in the trend until the stock market reopens on the 2nd January 2013. The past few years have shown a reversal of the STI index price trend at the […]

Read the full story

Posted in Market Update, Singapore Trading News, Stock Trading, Trading Methods0 Comments

Courts Asia 2nd IPO in 2 years

Courts Asia has launched an initial public offering (IPO) in Singapore to raise S$137 million in gross proceeds. Of this, S$40 million, or 30 per cent of the gross proceeds, will be used for the electronics and furniture retailer’s expansion into the Indonesian market, while S$86 million, or 63 per cent, raised from the sales […]

Read the full story

Posted in Singapore IPOs, Singapore Trading News0 Comments

Retail Tranche results of Far East H-trust is out

FAR East Hospitality Trust’s (Far East H-Trust) retail tranche of 50 million stapled securities was 14.6 times subscribed at the close of its initial public offering yesterday. The first and only Singapore-focused hotel and serviced residence hospitality trust, which priced sale of its stapled securities at $0.93 apiece, said it had received applications for a […]

Read the full story

Posted in Singapore IPOs, Singapore Trading News0 Comments

 

Symbol Bid Ask Spread
EURUSD 1.19930 1.19950 2
GBPUSD 1.35320 1.35350 3
USDCAD 1.22630 1.22660 3
USDJPY 111.390 111.410 2
USDCHF 0.96090 0.96120 3
AUDUSD 0.80530 0.80560 3
NZDUSD 0.73670 0.73720 5
EURGBP 0.88610 0.88640 3
EURCHF 1.15250 1.15280 3
EURJPY 133.600 133.630 3
AUDJPY 89.700 89.750 5
GBPJPY 150.730 150.790 6
XAUUSD 1311.56 1311.96 40
XAGUSD 17.267 17.281 1.4