Posts Tagged ‘sense’
Push on banks helps STI rise 14.22 points
A PUSH on the banks helped the Straits Times Index yesterday rise 14.22 points to 2,707.6 in a tepid session that saw the broad market record 163 rises against 218 falls excluding derivatives.
The softness was not overly surprising given that the index had already risen sharply on Monday ahead of the US rally which meant that it made sense for investors to sell into strength yesterday. Providing a… more
Busy Data Calendar to Confirm or Refute Continuing Financial Market Optimism
A sense of cautious optimism prevails in financial markets. And the week ahead is rich in economic data that will provide further clues on the pace of improvement in global economic conditions. Following September’s disappointing US non-farm payrolls and ISM manufacturing data, financial markets are likely to use this week’s…
REIT investors move from fear to fundamentals (Reuters)
Reuters – Many real estate investment trusts (REITs) spent the first quarter avoiding a financial funeral, but when they report second-quarter earnings in the next weeks, some may be feeling a new sense of longevity.



