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STI to cross 3000 boosted by long-term investors
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ticklish8
Senior |
12-May-2009 12:41
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Is this the reason why market drop today? BEIJING, May 12 (Reuters) - Chinese exports fell more steeply than expected in April, overshadowing strength in capital spending and casting fresh doubt on how solid the prospects for recovery are in the world’s third-largest economy. Exports were down 22.6 percent last month from a year earlier, the government said on Tuesday. That was steeper than March’s 17.1 percent decline and greater than the 18 percent drop that economists had expected. After adjusting for the numbers of working days, the customs office said China exported 6.9 percent more in April than in March. But most economists said the figures were disappointing. “The future of the world economy remains uncertain, and it’s really hard to be optimistic about China’s trade prospects,” said Qi Jingmei, an economist with the State Information Centre, a government think-tank in Beijing. Qi also pointed to a 23 percent year-on-year drop in imports in April as evidence that private companies remained reluctant to invest. Economists had expected a 22 percent fall in imports after a 25.1 percent drop in March. China had a trade surplus of $13.14 billion in April, calculated from export and import totals issued by the customs bureau. That was less than March’s reading of $18.56 billion and the median forecast of $17.4 billion in a Reuters poll of economists. “Exports are likely to drop further in the near term as economic indicators in the United States and Europe, such as industrial output and retail sales, are not looking up,” said Wang Xiaohui, an analyst at Sinolink Securities in Shanghai. |
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DnApeh
Master |
12-May-2009 12:18
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won't be surprised. then STI can make a higher low. |
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ticklish8
Senior |
12-May-2009 12:13
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Yo des... MOH having press conference 5 pm later. Me think only hah, Singapore got swine flu...
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cathylmg
Elite |
12-May-2009 12:01
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Another round of sell down started. | ||||
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des_khor
Supreme |
12-May-2009 11:53
Yells: "Tell me who is the God or MFT from this forum??" |
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HSI red again.... haha... like yoyo... | ||||
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des_khor
Supreme |
12-May-2009 11:50
Yells: "Tell me who is the God or MFT from this forum??" |
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I can see most of the forumers still feel the uptrend mood towards the market.... | ||||
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cathylmg
Elite |
12-May-2009 11:48
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Just now we touched support turned resistance. Hope can push clear this hurdle before continuing the climb. |
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iPunter
Supreme |
12-May-2009 11:45
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The shortists can be last year's buyers who are now very very scared of the market... So they sell their shares when they make back a bit of profit... 
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des_khor
Supreme |
12-May-2009 11:44
Yells: "Tell me who is the God or MFT from this forum??" |
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so fsat ... HSI green again... haha...
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des_khor
Supreme |
12-May-2009 11:22
Yells: "Tell me who is the God or MFT from this forum??" |
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so fast ah ?? STI in red ?? shortlist in action again ah ?? | ||||
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des_khor
Supreme |
12-May-2009 11:18
Yells: "Tell me who is the God or MFT from this forum??" |
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got... for those cut lost one ma.....
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DnApeh
Master |
12-May-2009 11:17
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without shortist where got chance to buy on dips?
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des_khor
Supreme |
12-May-2009 11:16
Yells: "Tell me who is the God or MFT from this forum??" |
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we can't afford to kill contra players .... the market can move higher all because of them !! we should kill all the shortlist instead... because of them the market crash !!
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cathylmg
Elite |
12-May-2009 11:10
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Yesterdays was a chance to kill all contra players. | ||||
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iPunter
Supreme |
12-May-2009 11:03
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I have this 'eyebrow-twitching' feeling that the fund managers are having a field day yesterday and today snapping up the laggards at good prices as the market dipped, thus shaking out the still-cold frogs... In spite of the STI's fall early morning, it is now creeping back towards positive territory. |
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des_khor
Supreme |
12-May-2009 10:57
Yells: "Tell me who is the God or MFT from this forum??" |
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ya lo... even my DBSV also delay one.... thks
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Alligator
Veteran |
12-May-2009 10:53
Yells: "learning from past " |
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Yahoo finance have the world index. but since it is free , got to be happy about the 15-30minute lag. select the region of interest like Asia Pac, Europe, USA, Middle East etc.. http://finance.yahoo.com/intlindices?e=asia for up to date index, unfortunately need to pay a lot to subscribe
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des_khor
Supreme |
12-May-2009 10:46
Yells: "Tell me who is the God or MFT from this forum??" |
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HI, any idea where to view the latest all market index ??? | ||||
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des_khor
Supreme |
12-May-2009 10:39
Yells: "Tell me who is the God or MFT from this forum??" |
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MFT said STI could hit 2500 by end of the month !! haha.... | ||||
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iPunter
Supreme |
12-May-2009 09:16
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He may be right... he may be wrong, but why must one care (about a report) at all?... Because the market itself is one's best oracle... It is the only living authority on the market itself... 
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