Philip Chua Business Blog

Posts Tagged ‘volume’

Risk appetite modestly improved by the close of trading in NY on Friday. The S&P500 index ground slightly higher, but on low volume, to be up 0.7% on the day, the banks' sub-index up 2.1%. Commodities were generally fi rmer, the CRB index up 0.4%. A reported increase in demand

WITH Wall Street closed for the 4th of July holidays and Shanghai's key index sliding to a 14-month low, there was no way for the local bourse but to head south. That said, the Straits Times Index still showed remarkable resilience by remaining largely range-bound on low volumes, and closing the session just 0.17 of a point down at 2,844.02. Traders said that whatever little volume that was being ... more

US equities rose slightly, despite earlier losses due to a negative revision to US GDP, as Congress agreed on a diluted fi nancial reform bill, and annual rebalancing in the Russell 2000 small company index raised traded volume. The S&P500 closed up 0.4% on the day, fi nancials +3.1%, but

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

Rallying, with record volume on EBS, a lot more than we had allowed for after touching a multi-year low at 84.82, so that this now looks like an ‘extension’ and ’spike low’. This suggests that the ‘channel’ will hold for many months to come, though keeping the downside bias thanks…

A PUSH on the three banks in relatively thin volume initially helped send the Straits Times Index up 40 points to 2,785 yesterday but afternoon concerns triggered by a firming US dollar and the associated worry over how Wall Street might react brought the index down to 2,758.79 for a closing gain of just 13.75 points.
Excluding the STI components and derivatives, there were 215 falls versus 144 ri… more