Friday, September 11, 2015

SGX wins awards for derivatives exchange, clearing

SINGAPORE Exchange (SGX) retained its status as Derivatives Exchange of the Year and was named Central Counterparty of the Year by Asia Risk magazine.
SGX's diverse offerings were cited in awarding it the title of derivatives exchange of the year.

Thursday, September 10, 2015

Latest selldown could be buying point for Reits, say analysts

SINGAPORE-LISTED Reits and stapled trusts averaged negative total returns of 5.9 per cent in the year-to-date, underperforming the global benchmark's total return of 0.7 per cent, according to data compiled by SGX StockFacts on Wednesday.

Singapore shares open sharply lower on Thursday

SINGAPORE shares opened lower on Thursday with the benchmark Straits Times Index slipping 40.6 points or over one per cent to 2,887.6 as at 9.02am.

Some 86 million shares worth S$82 million were done. Losers outpaced gainers with 138 counters down and 30 counters up.
singapore stock picksWall Street closed sharply lower overnight on Wednesday, weighed down by rate hike fears, sparked by a report showing a record rise in job openings in July and falling crude oil prices. These outweighed expectations of more stimulus measures from China and Japan.

The Dow Jones Industrial Average lost 1.5 per cent while the S&P 500 slipped 1.4 per cent and Nasdaq Composite shed 1.2 per cent.

Monday, September 7, 2015

Beijing admits stock bubbles, says routs almost over

China's central bank governor and its market regulator have admitted that there were "bubbles" on the country's stock exchanges, after a spectacular rally was followed by a painful bust, but said the turbulence was coming to an end.
The benchmark Shanghai Composite Index by more than 150 per cent in the year to June 12, fuelled by debt rather than fundamentals and encouraged by authorities.

Singapore shares open 27 points lower on Monday

THE Singapore bourse opened lower with the benchmark Straits Times Index falling 27.22 points to 2,836.59 as at 9.01 am on Monday.

Some 48 million shares worth S$89 million were traded with 32 counters up and 117 down.

sgx stock picksUS stock indices fell last Friday after a mixed August jobs report which provided little clarity on when the US Federal Reserve will raise short-term interest rates. Wall Street will be closed on Monday because of the Labor Day long weekend.