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U.S. market and Singapore STI

It is no absolute link but relative link only.

LebronJames23      ( Date: 25-Jun-2009 09:00) Posted: May i know how is singapore's market pegged to U.S. market. I am referring to the STI is pegged to which indices in the U.S. and how the time led/lag time difference affects us? Hope that someone could enlighten me on this matter thank you.

 

S'pore STI is too very small as compared to the DOW and would definitely affected in one way or another by the US Market's movements. The US Market opens ahead of the STI (by one trading day). That's the reason the STI Traders always 'guess' how the DOW will open and position themselves ahead.

BTW, in today's globalized environments, The STI could also be affected by the Nikki, The Shanghai Index, The EU etc....

Always trade with care.....and caveat emptor!!!! Cheers!

 

May i know how is singapore's market pegged to U.S. market. I am referring to the STI is pegged to which indices in the U.S. and how the time led/lag time difference affects us? Hope that someone could enlighten me on this matter thank you.