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STI 3,000 boosted by pivot investors mkt players
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WanSiTong
Supreme |
17-Jan-2014 07:00
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Stocks end mixed on bad corporate news Bad news from Corporate America weighed on the market Thursday.Stocks closed mostly lower, with the S& P 500 pulling back from the record highs reached Wednesday and the Dow also declining. The Nasdaq closed with a slight gain. U.S. Stocks Retreat as Treasuries Advance Amid Data U.S. stocks fell, with the Standard& Poor?s 500 Index retreating from a record as bank earnings disappointed investors. Treasuries climbed and nickel advanced a fifth day while Turkey led declines in emerging-market shares. The S& P 500 lost 0.1 percent to 1,845.89 by 4:30 p.m. in New York, leaving the gauge down 0.1 percent this year. Ten-year Treasury yields fell for the first time in three days. Turkey?s benchmark gauge slid almost 2 percent after the lira weakened to a record low and the Stoxx Europe 600 Index slipped from a six-year high. Nickel capped the biggest five- Citigroup Inc. (C) reported fourth-quarter earnings today that fell short of analysts? estimates while Goldman Sachs Group Inc. said trading revenue declined 13 percent. Initial claims for U.S. jobless benefits retreated last week to the lowest level since November. The cost of living in the U.S. climbed in December by the most in six months, indicating inflation is making progress in moving toward the Federal Reserve?s target. ?It?s not going to be a straight road up like what we saw in 2013,? Robert Pavlik, chief market strategist at Banyan Partners LLC, which manages $4.5 billion, said in a phone interview. ?A lot of what we saw in 2013 was predicated on money flowing into the market from the Fed. It?s going to be an upwards revision to earnings consensus this year that will push the market higher.? day rally since 2011 and U.S. natural gas rose to a three-week high while gasoline, Brent crude oil and copper led commodity decliners. Earnings AnalysisThe S& P 500 rose 0.5 percent yesterday, briefly erasing the gauge?s loss in 2014 as Bank of America Corp. (BAC) fueled gains in financial shares after reporting that fourth-quarter net income more than quadrupled. Per-share profit for companies in the index probably climbed 4.9 percent on average in the last quarter, according to analysts surveyed by Bloomberg. Fourteen companies in the gauge report earnings today. Today, financial shares plunged the most among 10 groups in the U.S. benchmark, losing 0.6 percent. Citigroup lost 4.4 percent as the third-biggest U.S. bank posted profit that missed Wall Street estimates as bond trading slumped. Goldman Sachs, the Wall Street bank with the highest return on equity, dropped 2 percent as trading revenue declined last quarter. Best Buy Co. (BBY) tumbled 29 percent as the retailer said U.S. same-store sales fell during the holiday-shopping season. The Dow Jones Industrial Average (INDU) dropped 0.4 percent, led by UnitedHeath Group Inc., Goldman and Wal-Mart Stores Inc. The Aussie declined against all 16 major peers. It dropped as low as NZ$1.0579, the weakest since December 2005. The Bloomberg Dollar Spot Index, which tracks the U.S. currency versus a basket of 10 major peers, was little changed after earlier rallying as much as 0.2 percent to a four-month high. The greenback lost 0.1 percent against the euro to $1.3620. The dollar lost 0.3 percent to 104.30 yen after climbing 1.5 percent over the previous two sessions. U.S. InflationThe 0.3 percent gain in the U.S. consumer-price index was the biggest since June and followed no change the prior month, a Labor Department report showed. Prices rose 1.5 percent in 2013, the smallest calendar-year gain in three years. Slower price increases may cause Fed officials to remain cautious as they taper the central bank?s unprecedented asset-purchase program. The Fed?s $85 billion monthly buying pace was slackened to $75 billion this month. Fed Bank of Atlanta President Dennis Lockhart, who doesn?t vote on monetary policy this year, said yesterday that he expects inflation that?s been ?too low? will accelerate toward the Fed?s 2 percent target. Yields on 10-year Treasuries fell five basis points, or 0.05 percentage point, to 2.84 percent today, nearing a one-month low. The rate on 10-year German bunds dropped five basis points to 1.78 percent and the yield on U.K. gilts slid five basis points to 2.81 percent. Spain sold three-year notes at a record-low yield of 1.595 percent. Emerging BondsOutgoing Fed Chairman Ben S. Bernanke said at a forum in Washington today that quantitative easing had helped the U.S, economy and that there is no immediate signs of it creating a bubble in asset prices. Developing nations are flooding markets with a record amount of bonds before Fed cuts in monetary stimulus spur funding costs. International sales are up 13 percent to $51.5 billion so far in January, the busiest start to a year since Bloomberg began tracking the data in 1999. The MSCI Emerging Markets Index slipped 0.3 percent today after see-sawing between gains and losses this week. The Borsa Istanbul 100 Index posted the biggest decline among 94 world stock gauges, sinking 1.9 percent. Turkey?s lira weakened as much as 1 percent to 2.2124 per dollar before trading 0.7 percent lower at 2.2062. South Africa?s rand declined as much as 0.7 percent to 10.9610, the lowest intraday level in more than five years. Commodity MarketsThe Ibovespa fell for the first time in three days as Petroleo Brasileiro SA declined after denying a report that it plans to raise fuel prices in Brazil. The S& P GSCI Index (SPGSCI) of 24 commodities retreated 0.2 percent, erasing earlier gains as gasoline dropped 1.2 percent. Brent crude, copper and lead all fell at least 0.6 percent while cattle futures extended gains to a record and cotton jumped to a three-month high. Nickel climbed 1.1 percent in London for a fifth day of gains. The metal has gained 9.6 percent in the past five sessions, the most since October 2011. Indonesia, the biggest producer of nickel, restricted shipments starting Jan. 12, fueling speculation global supplies will tighten. Natural gas futures rose as much as 3.9 percent to a three-week high in New York on speculation another wave of cold air over the U.S. will stoke demand for the heating fuel. |
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WanSiTong
Supreme |
17-Jan-2014 06:50
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World MarketsNorth and South American markets finished lower today with shares in Brazil leading the region. The Bovespa is down 0.82% while Mexico's IPC is off 0.80% and U.S.'s S& P 500 is lower by 0.13%. North and South American Indexes
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gufeng88
Veteran |
16-Jan-2014 19:06
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Short sell orders executed on 16 January 2014
http://www.sgx.com/wps/portal/sgxweb/home/company_disclosure/cdp_buying_info/!ut/p/c5/04_SB8K8xLLM9MSSzPy8xBz9CP0os3gjR0cTDwNnA0sDC3cLA0_XsDBfFzcPQws_E6B8JJK8f6ihuYFnqFOgiVNYqKG3owkB3X4e-bmp-gW5EeUAfAYSFA!!/dl3/d3/L2dBISEvZ0FBIS9nQSEh/ |
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WanSiTong
Supreme |
16-Jan-2014 17:31
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Societe Generale Singapore Equity Outlook report - 2014 For Singapore, the report has a core ?Resilience? theme with Societe Generale ?liking? Singapore equities for three main reasons: 1) Attractive valuations ... - Singapore is one of the cheapest markets in Asia Pacific. Based on an average P/Es, PB ratios and dividend yields, it is the second cheapest market, in our view. While the market has seen a decline in ROE, a pick-up in earnings over the next two years is likely to reverse this trend. 2) Taper-proof - In the summer of 2013, when tapering fears led to a broad decline in markets, Singapore outperformed Asia Pacific in USD terms, declining by 11.1% compared to 13.6% for Asia ex Japan, and again in 2004, when the US started on a tightening cycle. Singapore, a ?safe haven? during risk-off events, outperformed Asia ex Japan by 6.8%. In our view, on account of its current account surplus, as well as its being a part of the developed market index, it is likely to be resilient when tapering starts in January. Policies pursued by MAS and the Singapore government to curb liquidity and property prices also help limit downside, though shares of banks could still be vulnerable. 3) Earnings stability - After a decline of 3% in 2013, EPS growth is expected to pick up in 2014-15e and grow at a modest 10% CAGR, and ROE is expected to trend up according to consensus. Singapore EPS growth volatility at 25% is among the lowest in Asia Pacific, making its earnings defensive (stable). According to Consensus, GDP growth in Singapore is expected to rise from 1.3% in 2012 to 3.6% in 2014. |
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WanSiTong
Supreme |
16-Jan-2014 15:20
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Singapore Exchange to stop trading, clearing LME Metal futures Singapore Exchange, Southeast Asia?s biggest bourse, plans to stop trading and clearing futures on three industrial metals after the contracts attracted little interest from customers. SGX, which started trading the copper, zinc and aluminum futures in a joint venture with London Metal Exchange in February 2011, will make the products ?dormant? pending approval from the the Monetary Authority of Singapore, according to an e-mailed statement from SGX in response to queries from Bloomberg News. The LME, the world?s largest metals bourse, will pursue other options for boosting volumes in Asia, according to a separate e-mailed statement from parent company Hong Kong Exchanges & Clearing. Hong Kong Exchanges bought the LME for US$2.2 billion ($2.8 billion) in 2012 to expand in commodities and pledged to help the bourse increase its presence in China. No LME-SGX metals futures have been traded since four zinc contracts in June, according to monthly market statistics from the Singapore bourse. Aluminum futures last traded in January 2013 and copper futures have had zero volume since December 2012. The LME-SGX contracts, known as ?mini,? represent five metric tons of metal, compared with the benchmark 25-ton contracts traded in London |
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WanSiTong
Supreme |
16-Jan-2014 14:52
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Singapore shares ease, pressured by commodity firms: Reuters Singapore shares edged down on Thursday despite robust U.S. data and upbeat earnings from Bank of America, while stocks of commodities firms fell on concerns about changing supply and demand dynamics. With the world's two largest economies in the midst of change, Maybank predicted that China's rebalancing of its economic growth model and the U.S. Federal Reserve stimulus tapering would affect the supply-and-...demand dynamics of the commodity trading industry. " Against a fluid and changing backdrop, we value earnings visibility above growth outlook," Maybank said in a research note. " We prefer companies with clear catalysts and less likelihood of an earnings miss." Shares of Wilmar International Ltd fell 0.6 percent to S$3.25, while Noble Group Ltd and Olam International Ltd were down 0.5 percent to S$1.03 and 0.6 percent to S$1.54 respectively. Wilmar was Maybank's top sector pick with a " buy" rating and a target price of S$4.30, while Noble and Olam were both rated " hold" . Bank of America Corp, the second-largest U.S. bank, showed signs of recovery after its quarterly profit surged by nearly $3 billion as revenue increased and mortgage losses plunged. The benchmark Straits Times Index edged down 0.1 percent to 3,140.42 points by 0545 GMT, while the MSCI's broadest index of Asia-Pacific shares outside Japan gained 0.1 percent. Singapore telecommunications firm StarHub Ltd was the worst performer on the index, falling as much as 1.7 percent to a nearly one-month low at S$4.15, trading at 1.5 times its average 30-day full-day volume. |
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hlfoo2010
Master |
16-Jan-2014 09:00
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http://www.youtube.com/watch?v=PhPyBC9yVlc& list=UUbkqdUcnKILN7oLCKrfOzXQ DR she NEED HELP |
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WanSiTong
Supreme |
16-Jan-2014 08:58
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Singapore shares closed higher on Wednesday, ending a four-session losing streak. The Straits Times Index rose 19.50 points, or 0.62%, to 3,143.25. Here are some stocks and factors that could affect the market this Thursday morning: Singapore continued to be an attractive destination for holidaymakers in the second quarter of 2013, the Singapore Tourism Board (STB) said on Wednesday. International visitor arrivals saw a 10% on-year growth to 3.9 million, while tourism receipts increased by 2% to $5.6 billion. Singapore's central bank has refuted suggestions in Forbes magazine that the affluent city-state faces a risky credit bubble linked to high property prices. A statement issued late Tuesday by the Monetary Authority of Singapore (MAS) said the property market is stabilising, household balance sheets are strong and the financial system is robust. Sales of new private homes plunged nearly 80% in December compared to a month ago, as developers held off new property launches. According to data from the Urban Redevelopment Authority (URA), just 259 units of new private homes were sold in December, down from 1,228 units transacted in November. Retail sales fell 8.7% on-year in November 2013, due to lower motor vehicle sales. Excluding motor vehicles, retail sales went up by 0.4%, according to the Department of Statistics. |
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teeth53
Supreme |
16-Jan-2014 08:57
Yells: "don't learn through life, learn to grow with life " |
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China reserves hit 4.8 trillion????
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BullsAndBear
Veteran |
16-Jan-2014 08:48
Yells: "I come at the turn of the tide " |
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Global equities market direction this month hinges on 2 key US CPI report tonight. A positive CPI report could potentially sent the USD/YEN across the 105 mark and trigger a global equities rally. |
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teeth53
Supreme |
16-Jan-2014 07:49
Yells: "don't learn through life, learn to grow with life " |
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MAS moves to calm 'credit bubble' fearsThe Monetary Authority of S'pore refutes a report claiming the country is heading for a major meltdown. Denial |
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WanSiTong
Supreme |
16-Jan-2014 07:44
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Asian Futures Rise as Aussie Holds Drop Before Jobs Data Jan 16, 2014 7:15 AM Asian index futures climbed as the yen maintained its retreat versus the dollar and benchmark U.S. stock gauges rallied to records amid better-than-projected bank earnings. Australian stocks rose while the nation?s currency held declines versus the dollar before an employment report. Nikkei 225 Stock Average futures were bid 0.3 percent above yesterday?s close in the Osaka pre-market and gained 1 percent in Chicago. The S& P/ASX 200 Index (AS51) climbed 0.5 percent by 10:13 a.m. in Sydney as Australia?s dollar traded little changed after two days of declines. The yen has lost 0.4 percent to the greenback this week. Standard & Poor?s 500 Index (SPX) futures were steady after the gauge erased its 2014 loss. Crude oil in New York rose a third day while gold held declines. |
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WanSiTong
Supreme |
16-Jan-2014 07:02
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S& P 500 ekes out new record high Stocks rose for a second day Wednesday, with the S& P 500 ending at a new record on strong bank earnings and solid economic reports.The S& P 500 inched above its previous closing high from Dec. 31, led by big gains in shares of technology companies, such as NetApp (NTAP, Fortune 500) and Citrix Systems (CTXS). The Dow Jones industrial average gained more than 100 points, but is still down for the year. The Nasdaq rose to its highest levels in more than 13 years. The financial sector is expected to have the best profit growth in the fourth quarter, according to FactSet Research. Overall, earnings for the companies in the S& P 500 are expected to be up 6.1% versus the fourth quarter of last year. Related: Fear & Greed Index moves closer to Extreme Greed In economic news, producer prices increased 0.4% in December, the government said. Manufacturing activity in the New York area expanded at a rapid pace in January, according to the Federal Reserve Bank of New York. The Fed's latest snapshot of economic conditions across the country showed that growth continued at a modest pace in recent weeks. Most of the central bank's regions expect " more of the same" or an improvement in activity going forward, according to the Beige Book. Wednesday's reports " added to renewed market optimism," following solid December retail sales and business inventories data on Tuesday, said Michael Englund, an economist at Action Economics. Despite an unexpected slowdown in hiring last month, " the bulk of U.S. economic surprises remain upward," he added. Related: How to invest when the market feels scary The main European stock market indexes all finished the day higher. Burberry (BBRYF) shares surged in London after the luxury retailer reported a 14% jump in retail revenue in the third quarter, which includes the holiday season. Asian markets mostly closed the day with gains. ///////////////////// U.S. Stocks Rise Amid World Bank Forecast as Banks Rally U.S. stocks rose, with the Standard & Poor?s 500 Index erasing a loss for 2014 to close at a record, as the World Bank lifted its global growth forecast and Bank of America Corp. (BAC)?s profit spurred a rally in financial shares The S& P 500 added 0.5 percent to 1,848.38 at 4 p.m. in New York, surpassing its previous record of 1,848.36 from Dec. 31. The Dow Jones Industrial Average gained 108.08 points, or 0.7 percent, to 16,481.94. About 6.8 billion shares changed hands on U.S. exchanges, 12 percent above the 30-day average. The benchmark for U.S. equities is little changed in 2014 after declining as much as 1.6 percent. The gauge gained 1.1 percent yesterday, the most since Dec. 18, as better-than-forecast retail sales and corporate merger activity signaled confidence in the economy. The index rallied 30 percent last year, sending the gauge to a record and its highest valuation since the end of 2009. The S& P 500 (SPX) trades at 15.6 times the estimated earnings of its members, more than the five-year average multiple of 14.1, data compiled by Bloomberg show. Index RecordsShares in shipping stocks and companies with smaller market capitalizations, considered most closely tied to economic swings, hit records today. The Russell 2000 Index of small stocks increased 0.7 percent to an all-time high while the Dow Jones Transportation Average added 0.6 percent to a record. ?When most of the averages are making new highs together, that shows that the overall market is in a pretty good shape,? Jim Welsh, a market strategist who helps oversee $5.7 billion at Forward Management LLC in San Francisco, said in a phone interview. ?The odds favor that there will be another rally to one more new high by the end of the first quarter.? Growth ForecastsThe World Bank raised its global growth forecasts as a recovery in advanced economies tempers the effects of tighter monetary conditions on developing markets. The forecast for the richest nations was raised to 2.2 percent from 2 percent. Part of the increase reflects improvement in the 18-country euro area, with the U.S. ahead of developed peers, growing twice as fast as Japan. International Monetary Fund Managing Director Christine Lagarde said today that momentum in the world economy seen in the second half of last year should continue in 2014. The Washington-based fund plans to raise its forecast for global growth when it releases a report later this month. Data today indicated that manufacturing in New York, northern New Jersey and southern Connecticut grew at a faster pace this month. The Federal Reserve Bank of New York?s general economic index surged to 12.5, topping the 3.5 estimate in a Bloomberg survey. Positive readings mean that activity expanded. A separate report showed wholesale prices in the U.S. climbed in December for the first time in three months to cap the smallest annual increase in five years. Beige BookInvestors are watching economic data for signals on the pace of Federal Reserve stimulus cuts. Three rounds of monetary stimulus from the central bank have helped push the S& P 500 higher by 173 percent from a 12-year low in 2009. The Fed said ??moderate?? growth across most of the country last month was buoyed by gains in holiday spending by consumers, an improving labor market and strength in manufacturing. ?The economic outlook is positive in most districts, with some reports citing expectations of ?more of the same? and some expecting a pickup in growth,? the Fed said today in its Beige Book business survey, based on reports gathered on or before Jan. 6. The officials decided at their December meeting to reduce their monthly bond buying by $10 billion to $75 billion. They cited the improving labor market. |
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WanSiTong
Supreme |
16-Jan-2014 06:50
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World MarketsNorth and South American markets finished higher today with shares in Brazil leading the region. The Bovespa is up 0.81% while U.S.'s S& P 500 is up 0.52% and Mexico's IPC is up 0.17%. North and South American Indexes
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teeth53
Supreme |
15-Jan-2014 23:46
Yells: "don't learn through life, learn to grow with life " |
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Emerging mkts were often referred to as the " engines of global growth." I can almost hear them revving back up again.
It's more like a recovery at a reasonable speed limit. Latest World Bank global outlook suggests they will climb back above 5% - hitting 5.3% - which is up 0.5% over last year, but more than 2% below their pre-financial crisis run rate of 7.5%. Not all emerging markets are created equal. This rings true in the BRICS economies. China, under the relatively new leadership of President Xi and Premier Li, will hum along at a projected 7.7% in 2014. India is recovering from a near decade long low to hit nearly 6%. In fact, we should give a collective cheer to Asia, with regional growth pegged at 7.2%. This year will be a testing one for the developing world. At the top of the priority list will be the pace of tapering by the U.S. Federal Reserve. The World Bank expressed enough concern by devoting a whole chapter on the potential impact on capital flows exiting emerging markets. |
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teeth53
Supreme |
15-Jan-2014 23:41
Yells: "don't learn through life, learn to grow with life " |
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x 0
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Inside China's $2.2 trillion budget
Working out how Beijing spends its huge annual budget is no easy task. The most populous country in the world ranks among the worst in matters of government transparency. The Chinese government budget, presented to the public each March as a fait accompli, contains only scattered information about spending priorities and no details about specific programs. It is notoriously difficult to find specific budget information for individual government ministries, and no long-run spending forecasts are provided. Revenue Watch Institute, a group that campaigns for open government, describes China's budget as " exceedingly opaque" with " scant or no information" that citizens could use to hold their leaders to account. Still, China's 13.3 trillion yuan budget is not a complete black box. It does provide some broad spending categories, with education, social security and transportation all ranking in the top 10 funding areas. |
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gufeng88
Veteran |
15-Jan-2014 19:00
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x 0
x 0 Alert Admin |
Short sell orders executed on 15 January 2014
http://www.sgx.com/wps/portal/sgxweb/home/company_disclosure/cdp_buying_info/!ut/p/c5/04_SB8K8xLLM9MSSzPy8xBz9CP0os3gjR0cTDwNnA0sDC3cLA0_XsDBfFzcPQws_E6B8JJK8f6ihuYFnqFOgiVNYqKG3owkB3X4e-bmp-gW5EeUAfAYSFA!!/dl3/d3/L2dBISEvZ0FBIS9nQSEh/ |
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WanSiTong
Supreme |
15-Jan-2014 12:59
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Singapore not facing a credit bubble: central bank - AFP Singapore's central bank has refuted suggestions in a prestigious US magazine that the affluent city-state faces a risky credit bubble linked to high property prices. A statement issued late Tuesday by the Monetary Authority of Singapore (MAS) said the property market is stabilising, household balance sheets are strong and the financial system is robust. " Singapore is not facing a credit bubble that puts the country or its banking system at any risk of crisis," the MAS said in response to an online article in Forbes magazine published this week. " Serious observers and investors are not in doubt about the country's financial health." In the article, Forbes contributor Jesse Colombo warned Singapore was headed for an " Iceland-style meltdown" , referring to the European nation that was brought close to bankruptcy when the financial crisis broke in 2008 and exposed the vast over-expansion of its banking system. Colombo warned low interest rates have led Singaporean households and companies to borrow more, fuelling a surge in property prices that may not be sustained. He said the risk is that the US could end its zero interest rate policy in the next few years, lifting borrowing costs around the world and bursting bubbles such as in Singapore, leaving investors with huge debts they cannot repay. " Singapore's bubble will most likely pop when bubbles in China and emerging markets pop and as global and interest rates continue to rise," Colombo wrote. " The growth of Singapore's credit bubble is inextricably linked to the country's soaring property bubble because Singaporeans are going into debt to invest in property or buy more expensive houses than they can afford, similar to Americans during the US housing bubble of 2003 to 2007." But the MAS said the government has " taken decisive steps to cool property demand and prevent excessive leverage" . New housing loans continue to decline, with the number falling 35 percent year-on-year in the third quarter of last year, it said, adding that property prices are also falling. It also said that the average loan-to-value ratio of outstanding housing loans stands at a healthy 47 percent as of the December quarter. " Third, the financial system is robust," MAS said. It pointed to an assessment by the International Monetary Fund (IMF) that found Singapore's financial system " would remain sound" even if there was a sharp hike in interest rates and slump in property prices. The IMF also said Singapore's banks are " resilient, with strong financial and capital positions" . Rajiv Biswas, Asia Pacific chief economist at global consultancy IHS, told AFP regional central banks and financial regulators are aware of the risks and have taken measures to prevent credit bubbles from building up.
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warrenbegger
Elite |
15-Jan-2014 12:54
Yells: "Anyhow Buy Anyhow Die ^_^" |
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http://www.sharesinv.com/articles/2014/01/15/hu-li-yang-outlook-2014-do-not-fall-off-the-horse-back/ Hu Li Yang: Don?t Fall Off The Horse?s Back In 2014 |
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Shirleyfong88888
Veteran |
15-Jan-2014 12:47
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Tks Bishan 22!
Long time no chat. How's ur M1? Got make profit? |
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