Posts Tagged ‘note’
Caution over equity valuations in Asia
AMID the general optimism over equities in Asia and the emerging markets, strategists at Barclays Wealth have sounded a note of caution over valuations in Asia. This runs counter to the consensus view that Asian growth is set to outstrip that of developed economies – a point that isn’t in dispute – and that market weakness is a buying opportunity.
Says Aaron Gurwitz, Barclays Wealth managing di… more
Weekly Market Wrap
Currency dealers watched US yields this week for clues on the direction FX trading would take in the first months of the new year. The dollar price action mirrored yields in the US two-year note all week: yields in the note climbed to test 1.18% early on, aiding the dollar,…
Penny stocks off to roaring new year start
RETAIL investors made up for time lost over the holidays by rushing into penny stocks to give the new year an octane- fuelled start.
Blue chips largely missed out on the action after having enjoyed a final sprint last Thursday to finish last year on a high note.
‘Most of my clients are very bullish. They are confident that the economy is back on track to growth,’ said UOB Kay Hian remisier Charlie… more
STI approaches new year with 16-month high
INVESTORS showed they were determined to end on a high note in what has been a wild year by sending the market to a 16-month high yesterday.
Banks and property counters were the stars on the last full day of business as traders dressed up their prices for one last final time.
It all helped to send the Straits Times Index (STI) up 10 points to 2,879.76, bringing the total gains for the year to 63.5… more
Take more care with big orders, traders urged
TRADERS should pay more attention when handling large orders to prevent market manipulation, according to the Singapore Exchange (SGX) yesterday.
The bourse operator said trading members and representatives should query clients on orders that may ‘adversely impact the market’.
‘Trading members and trading representatives are free to employ different trading strategies,’ said the SGX in a note post… more
The Weekly Bottom Line
The nonfarm payroll employment survey ended the week on a positive note from an economic data perspective. While the consensus expectation was that the U.S. economy had shed fewer (125K) jobs in November than in recent months, the actual figure showed what was nearly an unchanged level of employment (-11K)….
Optimism, new contracts boost STI
STOCKS here started the holiday-shortened week on a bullish note yesterday, propelled by major contract wins at some firms and renewed optimism for the economic recovery boosting banks and commodities-related stocks.
The Straits Times Index (STI) finished 36.34 points or 1.3 per cent higher at 2,797.88, the highest closing level since Aug 14 last year.
Elsewhere in Asia-Pacific yesterday, othe… more
Weekly Market Wrap
The greenback began the week on a soft note in the aftermath of Saturday’s G20 conference, where attendees failed to express any concerns about dollar weakness. Perception that government officials have adopted a policy “benign neglect” toward the dollar aided global risk appetite, pushing spot gold out to fresh all-time…
The Weekly Bottom Line
With an FOMC meeting, ISM reports and – last but not least – the U.S. jobs report out this week, to say it was a busy week in economics, would be putting it lightly. The week began on an uplifting note courtesy of the ISM index of manufacturing activity, which…
Weekly Economic and Financial Commentary
This week’s busy schedule of economic reports brought mostly good news, even if it did end on a somewhat disappointing note. Several of the more leading indicators of economic growth posted strong gains, suggesting that the recovery process is well underway. We still suspect that the second quarter shutdown and…




