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Singapore dollar sits at $1.2242 |
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111 reads
All major currencies weakened against the greenback. IG Markets Singapore said: Asian currencies faced a choppy night after Obama secured a historic second term in the White House. Read ›› |
STI rebounds to 0.8% higher close |
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85 reads
The tone however is forecast to deteriorate significantly. OCBC Investment Research said: The more than 2% plunge on Wall Street overnight and the poor Nikkei start (down 1% now) are likely to spook the local bourse to a negative knee-jerk reaction this morning. Read ›› |
Singapore dollar stuck in tight trading range |
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78 reads
Traders are not likely to take on new positions prior to results of the US polls. Read ›› |
STI set for firmer open |
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92 reads
The index is forecast to inch back up towards 3065 resistance. Read ›› |
FX trading volumes low |
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119 reads
Traders were avoiding making any big bets ahead of the US polls. Read ›› |
STI closes 0.3% lower |
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103 reads
Significant improvements are said to be unlikely. OCBC Investment Research said: The muted reactions on Wall Street overnight and the poor Nikkei start (down 0.4% now) could continue to weigh on local sentiments this morning. Read ›› |
Singapore dollar trades at $1.2237 |
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73 reads
The US dollar has rallied against major currencies. IG Markets Singapore said: The Singapore dollar lost ground to its US equivalent as traders seek the safety of the greenback. Read ›› |
STI set for poorer open |
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95 reads
Sentiments are forecast to even deteriorate. OCBC Investment Research said: The more than 1% pullback on Wall Street last Friday night and the weak Nikkei start (down 0.4% now) are likely to cue the local bourse to a poorer opening this morning. Read ›› |
SGX crowned top exchange of 2012 |
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223 reads
Asia Risk Awards considers it the best. According to the judging panel, SGX demonstrated “the strongest achievements and developments, across all asset classes and regional bank categories, with a forward-looking approach to clearing and firm commitment on risk management”. Read ›› |
SC Global's profit jump 20% to $237.7m |
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139 reads
Thanks to Shenyang project in China. According to PhillipCapital, SC Global reported 3Q12 revenue of $237.7mn, increased 20% y-y, mainly attributable to contributions from sales of new units and progressive recognition of Seven Palms Sentosa Cove in Singapore. Read ›› |
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Singapore dollar loses ground to the greenback |
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94 reads
The local currency trades at $1.2210. IG Markets Singapore said: The Singapore dollar lost slight ground to the greenback last night in a mixed session for risk assets. Read ›› |
STI set for positive start |
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111 reads
Analyst says the index hopes to break its losing streak. Read ›› |
Shipping sector turnaround making NOL an attractive purchase |
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193 reads
Earnings will rise in 2013. "We expect more earnings upgrades for 2013 by the street to drive up share price," said UOB Kay Hian in a new container shipping sector report. Read ›› |
Singapore dollar trades at $1.2198 |
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92 reads
The local currency has been appreciating against the greenback. IG Markets Singapore said: The Singapore dollar has broken out of a very tight range against the greenback, dropping below the $1.22 threshold this morning. Read ›› |
STI set for further recovery |
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114 reads
The corporate earnings season is in full swing. OCBC Investment Research said: With the US market still closed overnight, the rebound by the European markets yesterday and the positive Nikkei start (up 0.7% now) could provide some inspiration to the local bourse this morning. Read ›› |
Singapore dollar sits at $1.2212 |
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60 reads
The local currency was unchanged as FX traders decided not to take on more bets. Read ›› |
Trading set for optimistic tone |
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111 reads
The index is forecast to recover part of the losses incurred on 29 October 2012. Read ›› |
US dollar sits at $1.2211 against the Singapore dollar |
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105 reads
The GDP figures did little to move the USD/SGD currency pair. Read ›› |
STI gains 0.4% |
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108 reads
The index is forecast to extend its recovery. OCBC Investment Research said: Despite the muted display on Wall Street overnight, the positive Nikkei start (up 0.5% now) could provide a mildly positive cue to the local bourse this morning. Read ›› |
New SGX rules to improve clearing house transparency |
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267 reads
Proposed amendments cover collateral and margins. In a release, Singapore Exchange (SGX) said it is consulting the securities and derivatives markets on new rules and refinements to make its clearing and settlement processes more transparent and clearer to market participants. Read ›› |
Singapore dollar trades at $1.2213 |
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87 reads
Trading in tight range persists as traders exercise caution. IG Markets Singapore said: The Singapore dollar continues to trade in a tight range as it hugs the $1.22 threshold. Read ›› |
STI forecast to drift sideways |
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141 reads
Investors are expected to remain on the sidelines ahead of the long weekend. Read ›› |
Traders flee into safe haven currencies |
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153 reads
The greenback strengthened to $1.2244 against the Singapore dollar amid the aversion to risk assets. Read ›› |
STI set for weak open |
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115 reads
A negative knee-jerk reaction in the local market is expected. Read ›› |
Singapore dollar virtually unchanged |
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84 reads
Traders are said to be exercising caution about the global economy’s recovery. Read ›› |
STI set for firmer open |
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124 reads
Thanks to the recovery on Wall Street and the stronger Nikkei start. Read ›› |
Frasers Centrepoint Trust's profit soars 13.7% to S$28.7m |
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98 reads
DPU reached record-high at 2.71 S cents. According to OCBC, Frasers Centrepoint Trust (FCT) released its 4QFY12 results this morning. Read ›› |
Equity markets soften |
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90 reads
The Singapore dollar continues to trade in a tight range. Read ›› |
STI set for weaker open |
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106 reads
The index is forecast to remain rangebound for this week. Read ›› |
Risk currencies lose ground |
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146 reads
More are opening long positions amidst a shift in sentiment. Read ›› |
STI set for flat or even negative open |
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134 reads
The index is having trouble overcoming the 3067 near-term resistance. Read ›› |
Singapore continues advance against the greenback |
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114 reads
The local currency is trading at its highest level in over 12 months. Read ›› |
STI set for positive open |
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114 reads
Gains, however, are forecast to be limited amidst signs of the index’s weakness. Read ›› |
Risk currencies advance amidst USD weakness |
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84 reads
The local currency finally made a meaningful break through the 1.22 level, says IG Markets Singapore. Read ›› |
STI 'inspired' but gains likely to be limited |
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117 reads
The continued recovery on Wall Street and the positive Nikkei start could provide inspiration to the index. Read ›› |
Slow and cautious could be the prevailing Q4 trading tactic |
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96 reads
Bruised and weary investors inclined to decelerate until end-of-year, says IG Markets. Read ›› |
Singapore dollar trades at $1.221 |
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81 reads
The local currency saw little change against the US dollar despite traders taking on more risk. Read ›› |
STI set for firm open |
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107 reads
Japanese, Australian, and Korean markets have all opened higher on 16 October 2012. Read ›› |
Singapore dollar trades in tight rage against the greenback |
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93 reads
The local currency traded between 1.22 and 1.2225 following MAS’ surprise move. Read ›› |
Singapore trading sees lack of buying conviction |
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118 reads
Volume was relatively light, says OCBC, with gainers just edging out losers 248 to 225. Read ›› |
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