Categorized | Singapore Trading News

Singapore Stocks-Seen opening higher; SGX in focus

Singapore shares are likely to open higher on Friday as improved U.S. data and moves by the European Central Bank to support struggling Portugal lifts the mood.

Singapore Exchange may be in focus after announcing it is consulting on a proposal to bring in circuit breakers for its securities market as a safeguard to help prevent huge swings in stock prices during times of price volatility.

Stocks and factors to watch:


– Singapore budget carrier Tiger Airways said on Thursday that forward bookings on its Singapore operation remain solid and in line with their recent trend, despite the grounding of its Australian operation.


– OCBC, Singapore’s second-biggest lender, said on Thursday it has priced A$500 million ($534.8 million) of three-year notes in an offering targeted mainly at institutional and sophisticated investors in Australia and Asia.


– Singapore’s Sim Siang Choon said on Thursday its oil and gas arm Loyz Oil had finalised an agreement with Rex Oil & Gas for exploration activities in 35 areas across the Asia Pacific region. Rex offers technologies that may reduce exploration risks and costs, the firm said.

– Singapore’s benchmark Straits Times Index rose 0.36 percent on Thursday to 3,125.87 points.

– The Dow Jones industrial average gained 0.74 percent to finish at 12,719.49. The Standard & Poor’s 500 Index rose 1.05 percent to 1,353.22. The Nasdaq Composite Index advanced 1.36 percent to 2,872.66.


Japan S.Korea China

Hong Kong Taiwan SE Asia

Australia/NZ India


Wall Street Gold Currency

Eurostocks Oil JP bonds

ADR Report LME metals US bonds

Adapted from Reuters.

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Symbol Bid Ask Spread
EURUSD 1.22600 1.22620 2
GBPUSD 1.38910 1.38940 3
USDCAD 1.24770 1.24800 3
USDJPY 110.600 110.620 2
USDCHF 0.96030 0.96110 8
AUDUSD 0.80000 0.80030 3
NZDUSD 0.72810 0.72860 5
EURGBP 0.88250 0.88280 3
EURCHF 1.17740 1.17840 10
EURJPY 135.600 135.630 3
AUDJPY 88.470 88.520 5
GBPJPY 153.640 153.700 6
XAUUSD 1331.50 1331.90 40
XAGUSD 17.001 17.051 5