Straits Times Index   

STI

I still believe this September would be an exceptional 'UP' month - despite it being the worst month for trading historically. Be more wary of October though cos oil price will go up again ...  

 

I believe the STI is downtrending slowly. Look to next month for better times!

 

Strong interest in plastic moulding stocks today because of falling oil prices.

 

Shiok! Up 24 points on open!

 

1st day of IMF some more ...... what a timing!!!

 

Today STI is all going to follow dow to see all mostly green, so is regional index, sti by another 12-15 points and vol get to increase.

 

According to a Citigroup report this month, STI has staged a rally in Q4 in 7 of the past 10 years, with the exception of 1997, 2000 and 2002, when economy uncertainty was rife. Q4 has usually emerged as the best-performing quarter of the year, with an average return of 9% over the past 10 years.



This could be linked to the year-end effect when investors put to use "on expectations of better prospects for the year ahead".



But UOBAM estimates the returns to be between 4-5%.

 

STI fall by -1.31 points to sti 2487.20 ,hav't crash yet !! however dairy mkt is no good, so almost all red end of today. 1st is oil px and now commodities prices is falling oso hmm....careful, watch out.

 

Seems to mimick yesterday's price action. Slow in the morning...  maybe crash after lunch?

 

STI is positive but very sluggish again! Really boring.

 

STI will be positive today .... in tune to US markets last nite. And lower oil & metal prices. Plus, we missed the last Friday's US upbeat in yesterday's trading too.

 

Expect d unexpected. Another red day for STI (Tues-Sept 12, 2006). one thing i m looking for is water treatment ipo stock named Epure Int'l, oso energy stock that run on WTE and not looking at oil stocks. 

 

This few days, trade with care as vol is getting less and sti getting tired, uninteresting dull and unexcited as oil px is still very unsettle through it bring cheer!! to heavyly depended oil countries, it may oso bring uncertainty as well, what is certain is what it has plan for......... then suddenly oil went down catching alot of ppl by surprise, so throwing all their plan all into more confusion, so for those who expected to the unexpected. those who plan this unexpected. Bingos...to them. 

 

Hi Scotty, can use some other better word beside this only word crash! Sti is still looking to big bros like Dow, Nekkei, HK and even Shanghai index, sti don crash it can fall, hope U don mind. ya..

 

HONG KONG (MarketWatch) -- Asian stocks fell Monday as energy shares, including Japan's Inpex Holdings and China's CNOOC, sank as crude prices weakened.

Japanese markets fell sharply after a greater-than-expected drop in a key corporate-spending indicator raised fears the economic recovery may be faltering.

The Nikkei 225 Average finished the day down 1.78% to 15,794.38, its lowest level in two weeks. The broader Topix index fell 1.45% to 1,596.50.

In Hong Kong, the Hang Seng Index dropped 1.15% to 16,948.59, also a two-week low.

"At current levels there is a lack of direction, and some people prefer to take profit," said Peter Lai, sales director at DBS Vickers in Hong Kong. "Investors are also waiting for economic figures from the U.S."

U.S. August consumer price data, due out later this week, is expected to shed some light on the economy's health and the direction of interest rates.

South Korea's Kospi index lost 1.54%.

Australia's S&P/ASX 200 fell 1.42%. Commodity shares were hit by falling crude and metal prices.

 

STI is weakening. Be disciplined in cutting loss.

 

All markets in Asia-Pacific trending down significantly today (except Taiwan). Nikkei 225 in Japan closes below 16,000. European markets have opened weak as well. STI just following regional trent, no specific reason other than taking a breather after good run-up in August.

 

beats me too...after lunch suddenly downtrending...

 

wah!... suddenly crash!

What happened??

 

Yes, its a dreary Monday. September has traditionally been a bad month for trading.