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^STI2881.36  chart+7.45
^HSI21209.74  chart-18.46
^KLSE1311.20  chart-10.23
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2010-03-12 04:10
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Posts Tagged ‘stocks’

Stocks edge higher after mixed economic data

The stock market eked out a gain as investors took glum economic news in stride. The small gains still left stocks with a loss for the week but the Dow and S&P 500 logged their best month since November.









Gross domestic productBusinessEconomyGovernmentInvesting

Greek drama playing out on Wall Street

A stock ticker is visible inside the Athens Stock Exchange on Friday.Stocks could struggle to make headway this week if a meeting of European finance ministers fails to reassure markets that they can contain Greece’s debt problems.










GreeceWall StreetDramaGovernmentEuropean Union

Portfolios up 0.4% on average

STOCKS barely changed last week, with our portfolios edging up 0.4 per cent on average. The median gain was 0.2 per cent.

The lowest forward PE portfolio is the biggest gainer, advancing by 1.7 per cent. Two stocks contributed the bulk of the gain: China Fishery and Hong Leong Asia. The former popped 19.2 per cent while, the latter added 12.2 per cent.

Hong Leong Asia also helped lift the valu… more

Stocks post first triple-digit drop for 2010

The Dow Jones industrial average had its first triple-digit drop of 2010 as mounting losses from loans at JPMorgan Chase & Co. sent investors rushing from stocks.







BusinessIndustrial productionEconomyGovernmentInvesting

Warrants given cold shoulder last year

SINGAPORE’S warrants market took a beating last year, as risk-averse investors steered well clear of these volatile instruments amid the financial crisis.
Turnover for warrants, which had become immensely popular in recent years, fell steeply to 2005 levels.
These instruments are linked to movements of other assets, mainly stocks or stock market indexes. One attraction is that they are cheaper tha… 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

Stocks rise as consumer spending edges up

Stocks gained ground Friday after a report on retail sales showed consumers are picking up their spending.







ChinaBusinessRetailingInvestingCommodities and Futures

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

Stocks rise after slew of economic reports

Stocks climbed Wednesday following a drop in weekly unemployment claims to the lowest level of the year and a rise in new home sales.







BusinessInvestingConsumer spendingLabour economicsEconomic data

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

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