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FYI: FTSE ST China Index indication
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FTSE is the index for the British market. FTSE-STI is the STI index.
Look like this is the beginning of a long road to recovery for China listed counters here in Stocks Exchange of S'pore (SES), Head line published in Straits Times (Tues, July 8, 2008).
TAKING STOCK:
Rebound in China shares boosts STI. FTSE index surged 16.49 pts or 4.16% to 412.99,
helping STI to lift it by 1.44% or 41.58 point to STI 2,934.12 points.
Teeth53 just sharing my tot, more will be selective buying into good battle down stocks after it was bash down by 46% in value since d beginning of this year.
Things will slow down in China after the Olympics.
S-Share is seem on profit taking Friday May 16, 2008. Finishing either mostly unchange or lower after the initial surge.
Today (Thurs) trading is off to good start...Green for FTSE, cautious prevail as end of the day it may turn into profit taking....trade within mean.
Report summary for May 14, 2008 (Wed)
FTSE fell on board market due to quake in China Chengdu by one per cent (-1% or 5.06 points), to 491.34 points, meanwhile big loser included blue chips that spearhead the rally since March 20008. SGX lost 20 cents to $8.82, DBS group fell 14 cents to $20.02 and Wilmar Int'l declined by 10 cents to $4.96.
STI index gyrating within tight range of 36 points all day before closing 4.91points down to 3,198.51. Market mere turnover shares is 1.38bil worth $1.49 bil
Over night DOW performed, ending on a slight postive note (+66.2 points to 12898.38)
Today (Thurs) market sentiment remain cautious, trade with care for this two day, ending Friday
