Markets and Investing
STI closes 0.2% lower
The index is forecast to attempt another test at the 3040 immediate resistance, says OCBC Investment Research.
STI closes 0.2% lower
The index is forecast to attempt another test at the 3040 immediate resistance, says OCBC Investment Research.
City Developments Hospitality Trusts income soars to S$70.1 million
Income available for distribution also increased 14.1% to S$61.2 million.
USD-SGD trips below 1.2520
The pair may consolidate around the 1.2500 support pending further news flow, says OCBC.
Singapore dollar continues to edge up against the greenback
The US dollar weakened against major currencies, with the local currency up at $1.2516.
STI recovers with 0.5% gain
The tone is likely to improve significantly, says OCBC Investment Research, with the index forecast to reach towards the 3040 immediate resistance.
Outlook for USD-SGD remains on the downside
The Singapore dollar may continue to garner support from cited safe haven asset allocations, says OCBC.
Singapore dollar strengthens to $1.2572
There was an underlying sense of optimism after a dreadful start to the week caused by jitters over Spain and Greece, says IG Markets Singapore.
Activity levels up as F&N, SGX, and IHH cause buzz
The futures market is pointing to a firmer open for the STI, says IG Markets Singapore.
STI forecast to find the 3000 handle elusive
The expectation is amid weak cues from Wall Street overnight and morning losses by Nikkei and Kospi and resurgent Eurozone fears, says OCBC Treasury Research.
Singapore dollar trades at $1.2632
The Singapore dollar has lost the ground it gained after better-than-expected China manufacturing data lifted Asian currencies, says IG Markets Singapore.
STI set for weaker opening
The third consecutive session of retreat on Wall Street and the poor Nikkei start are likely to dampen local sentiments significantly, says OCBC Investment Research.
Further consolidation set for the STI
STI support and resistance are tipped at 2950 and 3000 respectively.
USD-SGD expected to bounce around in 1.2550-1.2650 range
The SGD NEER is currently around +0.23% above its perceived parity.
Singapore dollar starts week on softer note
Main concern for investors still remain around the debt burden in the eurozone, says IG Markets Singapore.
STI closes with 1.1% loss
Tone for 24 July 2012 is unlikely to show any significant improvements, says OCBC Investment Research, with the index forecast to drift in the direction of the 2930 immediate base.
JB Foods Limited joins SGX Mainboard listing
The Malaysian cocoa producer will be listed under the stock code "Q0W" and is expected to raise capital through SGX for its regional expansion.
Singapore dollar starts the week at $1.2597
The local currency has kept up its strengthening against the greenback as traders start the build-up to a key Fed meeting, says IG Markets Singapore.
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