Post Reply
1-9 of 9
Hidden darkhorse... Fuxing zipper....took over afew company when economic is down.... waiting for market uturn and back with na big big bang...
STOCKS NEWS SINGAPORE-Shipbuilding stocks gain on strong China trade
Reuters –
Shares of Yangzijiang Shipbuilding (Holdings) Ltd
rose as much as 6.5 percent on hopes that improving Chinese
trade data would translate into more orders in the longer term.
China said on Thursday its exports grew 14.1 percent in
December from a year ago to hit a seven-month peak, handsomely
beating market expectations of a 4 percent rise.
"Shipping related stocks are in play because of the good
Chinese trade data. With better trade, shipping could improve,
which could in turn benefit the shipbuilders," said a local
trader.
Yangzijiang shares climbed 5.1 percent to S$1.135, while
rival COSCO Corp (Singapore) Ltd was up 5.1 percent at
S$1.035. Both were the third and fourth most actively traded
stocks by value.
Container shipping firm Neptune Orient Lines Ltd
gained 0.4 percent, extending Thursday's 7 percent gains.
Hutchison Port Holdings Trust, which operates ports in
China, rose 3 percent to S$0.845.
0950 (0150 GMT)
Reuters –
Shares of Yangzijiang Shipbuilding (Holdings) Ltd
rose as much as 6.5 percent on hopes that improving Chinese
trade data would translate into more orders in the longer term.
China said on Thursday its exports grew 14.1 percent in
December from a year ago to hit a seven-month peak, handsomely
beating market expectations of a 4 percent rise.
"Shipping related stocks are in play because of the good
Chinese trade data. With better trade, shipping could improve,
which could in turn benefit the shipbuilders," said a local
trader.
Yangzijiang shares climbed 5.1 percent to S$1.135, while
rival COSCO Corp (Singapore) Ltd was up 5.1 percent at
S$1.035. Both were the third and fourth most actively traded
stocks by value.
Container shipping firm Neptune Orient Lines Ltd
gained 0.4 percent, extending Thursday's 7 percent gains.
Hutchison Port Holdings Trust, which operates ports in
China, rose 3 percent to S$0.845.
0950 (0150 GMT)
My opinion, 1st half 2013 short n then 2nd half 2013 long cos recently run up quite a lot aredi n need a correction. Furthermore spending cut in US so wait n see how things go on.
kelvinLim123 ( Date: 21-Dec-2012 01:45) Posted:
|
I will still carry on invest in wee hur and it's wrt and yield still above five percent and very stable co with strong earning especially 2014. But may look at counter like ktl and hai leck as it look cheap and also my favour noble
2012 favour yield,
2013 will favour capital appreciation.
2013, 1st half long, 2 nd half short.
Telcos and REITs
1.Cosco ?
2.Yangzijiang ?
3. Genting ?
Share which counter can long term?
STI