Philip Chua Business Blog

Posts Tagged ‘trading’

A LIMP trading session yesterday finished with brokers heaving a sigh of relief that the boredom had ended and with the Straits Times Index standing 12.99 points weaker at 2,749.19.
Prices hardly budged throughout trading hours, forcing dealers and remisiers to try their luck at intraday punting, the alternatives being to watch TV or doze off at their terminals. As such, penny stocks were active, … more

NYT: Wall Street trading is often described as a blood sport. But inside the great investment houses, there’s another sport of the moment. Curling.

Curling – Sport – Wall Street – Winter Sports – New York Times

The week in currency trading opened with markets poised for fresh risk appetite. With China back from vacation, the PBoC reiterated its pledge to maintain moderately loose monetary policy and proactive fiscal policy to support growth in an attempt to shape expectations following the reserve ratio increase just before the…

SINGAPORE stocks gained yesterday as hopes of the European Union (EU) stepping in to rescue debt-ridden Greece lifted the gloom for some Asian markets.
The Singapore market posted gains for a second straight session, with investors rummaging for bargains among stocks that had been sold down last week on fears over piling European sovereign debt.
The Straits Times Index capped yesterday’s trading s… more

The Commodity Futures Trading Commission intended to stave off a repeat of the 2008 surge in oil prices.

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 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

The stock market faces a big test as 2010 trading gets under way: whether its performance will be lifted by the phenomenon known as the January effect, or squelched by uncertainty.







Stock market – Business – Investing – Stocks and Bonds – Equities

Investors turned cautious on the second trading day of the year as a pair of economic reports gave mixed signals about how the recovery was going.







Trading day – Business – Investing – Stock – New Year

The stock market zigzagged in a tight range on the last day of the year as weekly unemployment claims fell to the lowest level since July 2008.









Trading day – Business – Investing – Stocks and Bonds – Equities