Markets and Investing
STI set for flat open with any pullback to be short-lived
Some SGX blue chips may get a boost from a proposed tie-up between the London Stock Exchange and SGX, says IG Markets Singapore.
STI set for flat open with any pullback to be short-lived
Some SGX blue chips may get a boost from a proposed tie-up between the London Stock Exchange and SGX, says IG Markets Singapore.
SGX and LSE sign cross-trading agreement
The two bourses will be able to trade their largest and most actively traded stocks.
Singapore dollar trades at $1.2689
The local currency is stuck in a tight trading range against the US dollar amidst the ‘grim’ global economic picture, says IG Markets Singapore.
STI closes more than 1.2% higher
The index benefited from Europe’s strong start, with Singapore the only Asian market still trading when Europe opens.
USD-SGD slips back below 1.2700 interim support
OCBC says USD-Asia will continue to track on the back of cues from the EUR-USD.
STI set for weak open amidst uncertainty for global markets
The index had corrected heavily with a 1.7% loss after eight days of gains.
Singapore dollar suffers as the greenback rallies
The US dollar rose to $1.2717 against the local currency.
STI forecast to open weak after eight consecutive days of gains
A potential technical correction is expected in the near term.
Singapore dollar shows resilience against the greenback
The local currency has been pretty resilient this week against the US dollar which continues to be the big winner from the eurozone crisis, says IG Markets Singapore.
STI likely heading into technical correction
This after having risen for seven straight days and closing 0.8% higher.
Singapore dollar virtually unchanged at $1.2658
A lacklustre session saw equities, commodities and foreign exchange do very little, says IG Markets Singapore.
STI starting to show signs of fatigue, says OCBC
The index failed to sustain itself above 2950 after closing just 0.1% higher at 2948.77.
SGX derivatives, commodities, clearing volumes up
Derivatives, commodities and clearing activities grew in June from a year earlier while securities turnover was lower, says SGX.
Gains rally extends to sixth straight day
The STI rose another 0.1% and even managed to break through the 2960 resistance level at one point during yesterday's trading.
USD-SGD to remain 'inherently heavy'
Any further improvements in global risk appetite levels may engender a drift in the SGD NEER, says OCBC Treasury Research.
Singapore dollar sits above $1.26
The Singapore dollar is enjoying a period of stability against the greenback this week although it is still trades outside its comfort zone, says IG Markets Singapore.
STI up 1.2%; total gains almost 5.1% since 27 June
Renewed strength on Wall Street and the firmer Nikkei showing could continue to keep the local sentiment buoyant, says OCBC Investment Research.
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