Archives
March 2010
M T W T F S S
« Feb    
1234567
891011121314
15161718192021
22232425262728
293031  
Help Little Charmaine
Feisty Char needs bullets to fight!
Strip That Fat
Stock Index
^STI2919.30  chart+22.87
^HSI21384.49  chart+0.00
^KLSE1301.95  chart+3.09
^JKSE2756.26  chart+0.00
^N22510846.98  chart+0.00
DJIA10733.67  chart+47.69
NASDAQ2389.09  chart+11.08
S&P 5001166.21  chart+6.75
2010-03-17 05:10
FapTurbo- ForexGenius
Are You Financially Savy?

Posts Tagged ‘Hong Kong’

Wednesday’s fatigue continues

THE tiredness exhibited by the local market on Wednesday proved to be a precursor of things to come as prices fell yesterday across-the-board. Weighed down by weakness in Hong Kong and by expectations of a soft Thursday for Wall Street, the Straits Times Index finished 17.24 points down at 2,913.25, with the broad market recording 256 falls versus 190 rises, excluding derivatives. In the previous … more

Penny stocks take centrestage

PENNY stocks were all the rage yesterday as trading for 2010 first got off to a slow start but picked up as the day wore on. The Straits Times Index, as always, depended on Hong Kong’s Hang Seng for direction, thus closing a nett 3.07 points weaker at 2,894.55 when the Hang Seng also closed marginally softer.

But it was in penny stocks that the real action was to be found and this was amply refl… more

Boring session with penny stocks in play

WEAKNESS in Hong Kong and expectations of a possibly soft session for Wall Street meant that the local market underwent an indifferent session yesterday in which rotational punting of penny stocks was the main focus. The Straits Times Index, in the meantime, didn’t show much conviction throughout the day, spending most of the session moving in tandem with Hong Kong’s Hang Seng Index. With the latt… more

Weak session ends with late buying

TRADING was mostly weak yesterday, but a late burst of buying ahead of an anticipated rise on Wall Street limited the Straits Times Index’s loss to 15.35 points at 2,781.86.
Earlier in the day, a Hong Kong-led sell-off had dragged the index to a low of 2,769 or a loss of about 28 points. But as traders all know, much of what happens to stocks here depend on expectations for the US market later in … more

Focus on potential of dual listings

POTENTIAL dual listings provided the main targets for yesterday’s session, following Tuesday’s explosive debut for China XLX in Hong Kong (HK). As a result, stocks such as Oceanus, China New Town, China Milk and Midas were all in play, based on hopes that if they obtain approval to list in markets such as HK or Taiwan, where valuations are higher, their prices here will have to rise.
However, if H… more

US$ woes a booster for Asian bourses

FRESH weakness in the greenback gave a spur to regional bourses yesterday as big funds, which have borrowed in the ailing dollar, kept up their strategy of buying Asian blue chip stocks.
In Singapore, the benchmark Straits Times Index (STI) closed a tad below the 2,800 level, gaining 36.34 points to end at a 15-month high of 2,797.88.
Elsewhere, Hong Kong’s Hang Seng gained 1.4 per cent to 22,771…. more

STI jumps as traders bet on US rally

A 70-POINT rise in the December futures contract on the Dow Jones Industrial Average, a 1.7 per cent rise in Hong Kong’s Hang Seng index and a firm opening Europe-wide yesterday led traders here to bet heavily on Wall Street opening the week with a bang. The subsequent buying targeted mainly banks and propelled the Straits Times Index up 56.62 points to 2,783.85 in moderate volume of 1.85 billion … more

S-chips pay attention to lure of Taiwan

(SINGAPORE) After reports that some Singapore-listed Chinese companies or S-chips were seeking secondary listings in Hong Kong and the United States, it has emerged that some of them have pinned their hopes on Taiwan.
Industry sources told BT that they have gained mandates from both Singapore and Chinese companies listed on Singapore Exchange (SGX) to issue Taiwan Depository Receipts (TDRs) to Tai… more

Mixed close on hopes of US rise

THE local market marched to the tune of Hong Kong yesterday and – to a greater extent – expectations of how Wall Street would perform when it opened on Monday. And going by the weak opening – clearly in response to Friday’s US slide – followed by an afternoon rebound, players were betting on the US market recovering its poise on Monday.
Added evidence for expecting this came by way of a 50-point r… more

STI below 2,600 on 3rd day of selling

IS THIS the start of a major market capitulation or is this just a much needed pullback following six months of breathtaking gains?
The jury is still out on the issue, but many market players were not taking chances as they bailed out following four days of slides on Wall Street amid weak jobs data which suggested that the economic recovery could be less robust than expected.
With Hong Kong and To… more

Do A Search Here
Millionaire Wealth Mastery
Sign Up For My Free Millionaire Wealth Mastery Membership Today!
My Blog Log
Wealthy Affiliate Program
Internet Marketing Success!
Wealthy Affiliate the most wide array of Internet marketing resources available in the World. From advertising techniques, to finding the right audiences, and choosing HOT products that sell like crazy, to 1-on-1 mentoring and coaching by Kyle and Carson. Wealthy Affiliate has everything you need to make money online.
Money Siphon System
The Wealthy Pages
Ultimate Recommendations!