Trading Week: October 10-14 Local market sentiment took a 180 degree turn over the past one and a half weeks. After having reached a bottom on 5 October 2011 on fears over the European debt crisis and a more than 20 per cent fall from its recent peak on 1 August 2011, the benchmark FSSTI...

Trading Week: October 3-7 It is generally accepted that a bear market is signalled by a 20 per cent drop in share prices. The Singapore benchmark STI reached a recent closing peak of 3,313.61 on 9 November 2010 and it closed below the 20 per cent threshold on Monday, 3 October 2011. After which, we...

Trading Week: September 26 – 30 The Singapore stock market experienced its worst quarter since December 2008. The benchmark STI fell 445.28 points or 14.3 per cent to close the quarter at 2,675.16. For the week, the index fell 23.64 points or 0.9 per cent, its fourth consecutive week of decline. Turnover rose slightly to...

Trading Week: September 19-23 Local market fell for the third consecutive week after disappointment over the outcome of the US Federal Reserve Open Market Committee (FOMC) meeting and uncertainty over the European sovereign debt crisis. The benchmark FSSTI fell 90.24 points or 3.2 per cent to close the week at 2,659.01, its first sub-2700 close...

Trading Week: September 12-16 Development in Europe over the sovereign debt crisis continued to dominate market sentiments over the past week. Singapore’s market was down initially after the surprise resignation of European Central Bank (ECB) chief economist Juergen Stark, but trimmed some of the losses towards the week close after ECB, the US Federal Reserve,...

Trading Week: September 5 – 9 Local stock market experienced another week of roll-costal ride. Market opened the week down sharply in reaction to a zero increase in US nonfarm payrolls, released on the previous Friday. It rebounded the next three days on expectation of good news from US President Obama’s jobs creation speech and...

Trading Week: August 29 – September 2 Local stock market experienced another week of volatility. The benchmark FSSTI rose almost 5 per cent initially on renewed hopes that the US Federal Reserve would implement further measures to boost the economy, but retraced towards the end of the week on profit taking and disappointing manufacturing numbers...

Trading Week: August 22-26 The local stock market rebounded from a three-week fall as investors were hoping for good news from US Federal Reserve Chairman Ben Bernanke’s speech at the annual central bank conference in Jackson Hole on Friday after the market closed. Investors were anticipating another round of Quantitative Easing (QE3) as QE2 had...

Trading Week: August 15-19 The positive impact brought about by European Central Bank (ECB) purchase of Spain and Italy bonds and better-than expected US economic releases on the stock market two weeks ago were short lived. The improvement in local stock market last Monday was followed by four consecutive days of falls, triggered by fears...

Trading Week: August 08-12 Market continued to plunge for the second week but signs of stabilisation had emerged towards the end of the week. The benchmark FSSTI fell 144.19 points or 4.8 per cent to close the week at 2,850.59. Market activity improved with an average daily turnover of 2.4 billion shares worth S$2.7 billion...

Source: Asiasons WFG Trading Week: August 1-5 While we were expecting profit taking to kick-in after the “yes” vote on the US budget ceiling, we did not foresee the drop to be so severe. A series of worse-than-expected US economic releases plus the increasing premium over the sovereign debts of Italy and Spain had triggered...

Trading Week: July 25-29 As expected, market sentiments remained tense towards the US debt ceiling deadline on August 2. With no sign of deals among the US politicians, the US market fell sharply with the Dow falling 537.92 points or 4.2 per cent during the week to close at 12,143.24. Reactions from regional markets were...