Posts Tagged ‘STI’
STI recoups part of Tuesday’s loss
ST Index breaks 3,000 barrier again
Buy in anticipation, sell on the day?
A CASE of ‘buy in anticipation of Q1 window-dressing on March 31 and sell on the day itself?’
Perhaps not surprisingly given that there was already probable quarter-ending window-dressing of the Straits Times Index earlier in the week; yesterday’s session saw the STI slump 45.93 points to 2,887.46. This, after the index had risen 47 points in the previous four consecutive sessions.
Also, perhaps n… more
STI drops as rally comes to sudden halt
AS THE curtain fell on the first quarter, investors on the local bourse scrambled yesterday to lock in profits from a generally slow and steady March rally.
This sent the Straits Times Index (STI) tumbling 45.9 points, or 1.57 per cent, to 2,887.46, its biggest one-day fall since Feb 5.
This put paid to expectations in some quarters that the benchmark would end the quarter on a positive note.
Even… 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
A mixed session despite STI’s rise
THERE was very little to distinguish yesterday’s session from Tuesday’s – the Straits Times Index (STI) rose, the broad market was mixed, volume was low and dealers who decided not to go on vacation spent the whole day wondering if perhaps they had made the wrong decision.
Other features reminiscent not just of Tuesday but also of previous days included a relatively heavier concentration of effort… more



