Let's talk stocks & IPO
- Thread starter ipoh-horfun
- Start date
Re: Let's talk stocks & IPO
Concur. I think the (1) SGD's movement (2) big caps' price actions are both tell-tale sign of fund-flows.
Strangely, HSI's and SSE's volume has been dropping from last week too. KLCI's volume is consistent, but it has been retracing for 2 weeks. And KL is a relatively-close market.
These 3 markets have a common ground - their currencies are tied to the USD.
Concur. I think the (1) SGD's movement (2) big caps' price actions are both tell-tale sign of fund-flows.
Strangely, HSI's and SSE's volume has been dropping from last week too. KLCI's volume is consistent, but it has been retracing for 2 weeks. And KL is a relatively-close market.
These 3 markets have a common ground - their currencies are tied to the USD.
toiletsiao
Well-Known Member
Re: Let's talk stocks & IPO
next monday SGX will be trading non stop liao..no more 12.30 ~ 2pm breaks
next monday SGX will be trading non stop liao..no more 12.30 ~ 2pm breaks
ipoh-horfun
Well-Known Member
Re: Let's talk stocks & IPO
Try Salim Ivomas = INDONAGRI
iScoupe;667721 said:
Try Salim Ivomas = INDONAGRI
toiletsiao
Well-Known Member
Re: Let's talk stocks & IPO
Think the easiest way to do it is to buy country specific unit trust?
alternatively can consider JArdine Cycle and Carriage as a proxy to indonesia(due to its holdings of ASTRA) ...but its quantum is high and the stock price is illiquid .. but its EPS is solid and also the only jardine stock to be traded in SGD....saving up to buy it :laughlik:
Alternatively can wait for the Asean Common Exchange GAteway to come into effect loh(may take a couple more yrs?)... the MOU has been signed 2 yrs ago with the idea of linking KLSE +PSE + SET + SGX + JSE
iScoupe;667721 said:
Think the easiest way to do it is to buy country specific unit trust?
alternatively can consider JArdine Cycle and Carriage as a proxy to indonesia(due to its holdings of ASTRA) ...but its quantum is high and the stock price is illiquid .. but its EPS is solid and also the only jardine stock to be traded in SGD....saving up to buy it :laughlik:
Alternatively can wait for the Asean Common Exchange GAteway to come into effect loh(may take a couple more yrs?)... the MOU has been signed 2 yrs ago with the idea of linking KLSE +PSE + SET + SGX + JSE
Re: Let's talk stocks & IPO
The market is gonna pop today.
07:10 01Aug11 RTRS-US STOCKS-Futures bounce as investors sense debt deal
* Investors bet on deal to raise U.S. debt ceiling
* Dollar climbs against euro, Swiss franc
* Futures up: Dow 125 points, S&P 16 pts, Nasdaq 31.75 pts
* For up-to-the-minute market news see [STXNEWS/US]
By Edward Krudy
NEW YORK, July 31 (Reuters) - U.S. stock index futures
jumped at the start of electronic trading on Sunday evening as
investors bet that lawmakers in Washington were set to reach a
deal on raising the country's debt limit.
Investors have long believed the debate in Washington would
go down to the wire. That appeared to be the case as
politicians said they were close to a last-ditch $3 trillion
deal to raise the U.S. borrowing limit and avoid a potentially
catastrophic default. [ID:nN1E76U00H]
"The markets are definitely pricing in a deal," said Peter
Kenny, managing director at Knight Capital in Jersey City, New
Jersey. "It is clear that an awful lot of movement is going on
in Washington and that's what markets are reacting to."
S&P 500 futures rose 16 points and were above fair
value, a formula that evaluates pricing by taking into account
interest rates, dividends and time to expiration on the
contract. Dow Jones industrial average futures rose 125
points, and Nasdaq 100 futures gained 31.75 points.
With two days remaining until the United States exhausts
its ability to borrow money, legislators said a deal was
becoming more likely, but they had some way to go before
reaching agreement. For details, see [ID:nN1E76U08I]
Wall Street closed its worst week in a year last week after
five straight days of losses. Analysts said the oversold
conditions had primed the market for a bounce.
"With the percentage of stocks over their own 10-day moving
average at an oversold 12.9 percent, a short-term rally may be
on the cards based on the arrival of some good news," said
Wayne Kaufman, chief market analyst at John Thomas Financial in
New York.
"Our fear is that the issue could drag on longer than
anyone thinks."
The U.S. dollar received an early lift against the yen and
Swiss franc in Asia-Pacific trade on Monday amid the reports
that a deal on the U.S. debt wrangle was close.
Any relief rally could be short-lived, investors said, with
other big risks present. A report on Friday showed U.S.
economic growth in the first half was much slower than
anticipated.
The United States could also face a downgrade to its
gold-plated AAA sovereign debt rating, which could weigh on
markets if that happens later in the year.
"Even if the debt ceiling is raised, all of the heavy
lifting will be in front of us," said Peter Kenny, managing
director in institutional sales at Knight Capital Group in
Jersey City, New Jersey.
"I think it's an almost foregone conclusion that there is
going to be a downgrade at some point."
The market is gonna pop today.
07:10 01Aug11 RTRS-US STOCKS-Futures bounce as investors sense debt deal
* Investors bet on deal to raise U.S. debt ceiling
* Dollar climbs against euro, Swiss franc
* Futures up: Dow 125 points, S&P 16 pts, Nasdaq 31.75 pts
* For up-to-the-minute market news see [STXNEWS/US]
By Edward Krudy
NEW YORK, July 31 (Reuters) - U.S. stock index futures
jumped at the start of electronic trading on Sunday evening as
investors bet that lawmakers in Washington were set to reach a
deal on raising the country's debt limit.
Investors have long believed the debate in Washington would
go down to the wire. That appeared to be the case as
politicians said they were close to a last-ditch $3 trillion
deal to raise the U.S. borrowing limit and avoid a potentially
catastrophic default. [ID:nN1E76U00H]
"The markets are definitely pricing in a deal," said Peter
Kenny, managing director at Knight Capital in Jersey City, New
Jersey. "It is clear that an awful lot of movement is going on
in Washington and that's what markets are reacting to."
S&P 500 futures rose 16 points and were above fair
value, a formula that evaluates pricing by taking into account
interest rates, dividends and time to expiration on the
contract. Dow Jones industrial average futures rose 125
points, and Nasdaq 100 futures gained 31.75 points.
With two days remaining until the United States exhausts
its ability to borrow money, legislators said a deal was
becoming more likely, but they had some way to go before
reaching agreement. For details, see [ID:nN1E76U08I]
Wall Street closed its worst week in a year last week after
five straight days of losses. Analysts said the oversold
conditions had primed the market for a bounce.
"With the percentage of stocks over their own 10-day moving
average at an oversold 12.9 percent, a short-term rally may be
on the cards based on the arrival of some good news," said
Wayne Kaufman, chief market analyst at John Thomas Financial in
New York.
"Our fear is that the issue could drag on longer than
anyone thinks."
The U.S. dollar received an early lift against the yen and
Swiss franc in Asia-Pacific trade on Monday amid the reports
that a deal on the U.S. debt wrangle was close.
Any relief rally could be short-lived, investors said, with
other big risks present. A report on Friday showed U.S.
economic growth in the first half was much slower than
anticipated.
The United States could also face a downgrade to its
gold-plated AAA sovereign debt rating, which could weigh on
markets if that happens later in the year.
"Even if the debt ceiling is raised, all of the heavy
lifting will be in front of us," said Peter Kenny, managing
director in institutional sales at Knight Capital Group in
Jersey City, New Jersey.
"I think it's an almost foregone conclusion that there is
going to be a downgrade at some point."
ipoh-horfun
Well-Known Member
Re: Let's talk stocks & IPO
OSAMA toking life now on CNBC ma
OSAMA toking life now on CNBC ma
toiletsiao
Well-Known Member
Re: Let's talk stocks & IPO
deal or no deal :laughlik:
ipoh-horfun;668322 said:
deal or no deal :laughlik:
