Posts Tagged ‘Bumper’
STI unchanged as traders take profit
BUMPER profit numbers from Apple sent regional stock markets rolling yesterday, although the local bourse lost its enthusiasm half way through the day.
The Straits Times Index was up by 17 points at one stage, but traders took advantage of the higher prices to cash in.
The sell-off sent the STI easing back to close virtually unchanged, 0.61 points lower at 2,711.09, while other regional bourses we… more
STI closing level soars to year’s highest
ASIAN markets rallied for a fifth straight day, as traders made huge bets that the reporting season will deliver some bumper earnings surprises.
In Singapore, the benchmark Straits Times Index (STI) soared to its best closing level for the year, after soaring 25.19 points to 2,456.15.
With its latest gains, the STI has now surged closed to 1,000 points since bottoming out at 1,456.95 on March 9.
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Buying rush sends STI to 5-week high
IF THE running of the bulls at Pamplona looked like mass panic, it was nothing compared to the buyers’ stampede yesterday that sent the local market – and others in the region – soaring.
Bumper numbers from American computer giant Intel galvanised investors, who took the better-than-expected results as a sign that the worst is over.
Their buying rush sent the benchmark Straits Times Index (STI… more



