Why not?

I think STI 3000 is easily a possible top, since there are still a lot of hot frogs around...

It is worth investing (buying to hold) only when everyone you meet is trembling in the knees on hearing the word 'stocks' mentioned.

That is the time to cooly buy, not now, when a lot of confident hope is still commonplace...

Job market report disappoints Wall Street

Higher-than-expected payroll losses for October could set markets lower after rally that pushed Dow back above 10,000.

Our dear Pm roti prata every time

Starting he say will be a U shape recovery . Then he say W .

now say wont expect another dip . I wan to laff

Straits Times Index

From Wikipedia, the free encyclopedia

The Straits Times Index (STI) is a market value-weighted stock market index based on the stocks of 30 representative companies listed on the Singapore Exchange.

Launched in the wake of a major sectoral re-classification of listed companies by the Singapore Exchange, which saw the removal of the "industrials" category, the STI replaced the Straits Times Industrials Index (STII), and began trading 31 August 1998 at 885.26 points, in continuation of where the STII left off. Then, it represented 78% of the average daily traded value over a 12-month period and 61.2% of total market capitalisation on the exchange.

Constructed by the Singapore Press Holdings, the Singapore Exchange and Professor Tse Yiu Kuen from the Singapore Management University, it comes under formal review at least once annually, and may also be reviewed on an ad-hoc basis when necessary. One such review, for instance, raised the number of stocks from 45 to 50, which took effect when trading resumed on 18 March 2005. This change reduced the index representation of the average daily traded value to 60%, while increasing its total market capitalisation to 75%.

Eligibility For a security to be eligible for the Straits Times Index^[1]:

• All classes of the ordinary shares in issue the exchange are eligible for inclusion in the STI.
• Convertible preference shares and loan stocks are excluded until converted. Companies whose business is that of holding equity and other investments (e.g. Investment Trusts).
• Free float restrictions apply to all stocks, but the stock has to have at least 15% of the shares being traded on the exchange at any given time.
• The securities must have a turnover of at least 0.05% of their shares in the market (after the application of any kind of weighting) based on a median daily trade per month in ten of the twelve months of the year.

New additions included after 5 February 2007 include Thai Beverage, Suntec REIT, Olam, Genting International, Labroy Marine and CapitaCommercial Trust. BIL, Dairy Farm, Haw Par Corporation and TPV Technology will be removed from the list.

The Singapore Exchange, London's FTSE Group, and Singapore Press Holdings announced on 6 June 2007 that the Straits Times Index will be set for a major overhaul by the end of 2007. The number of component stocks will be reduced from 50 to 30 and at the same time, 18 new indices will be created. The trial values of the revamped STI and the series of FTSE ST Indices were made available on the FTSE website beginning October to facilitate technical testing .

Real-time intra-day values of the revamped STI and new FTSE ST Index Series are available on the following web sites: SPH http://btstocks.asiaone.com/keyIndices.html SGX http://www.sgx.com NextView http://www.investasiaonline.com Business Times Online http://www.businesstimes.com.sg/btmarkets/cwintro

FTSE also displays the end-of-day index values on its website at http://www.ftse.com/st

For details of the ground rules, values and constituent lists, please visit the SPH and FTSE websites at: http://www.ftse.com/st and http://www.straitstimes.com/stindex