STI

With indicators weakening, the STI will stay hostage to short term downward pressure and the volatility of global markets.

he Straits Times Index rose 36 points week-on-week to 2,581, supported by an upturn in short term stochastics. There has also been a rebound in 21-day RSI which rose from 36 at the start of Aug to a high of 50, before ending at 48 on Aug 14. The most enco

SINGAPORE (June 26): The Straits Times Index appears poised to move below the confluence of a support, and its 50-day moving average at 2,605. On June 19, there were hints of supply/ selling when the index closed below its open on a surge in volume. Durin

Financial markets, poised to enter the second half with a “second wind” beneath the wings, have been doused with cold water.

With MINT’s inclusion, the STI reserve list now includes Keppel DC REIT, Suntec REIT, NetLink NBN Trust, Frasers Logistics & Industrial Trust and Keppel REIT.

Lift from Nodx was offset by earnings downgrades

SINGAPORE (March 9): The basket of shares under Maybank Kim Eng’s coverage for the quarter ending December 2016 performed poorly, but the brokerage believes selective stock-picking can still yield decent returns this year.

SINGAPORE (March 6): Two new indexes tracking firms operating in the consumer goods and services segments listed on the Singapore Exchange has been launched by FTSE Russell, the global index and data provider, in conjunction with the Singapore Exchange an

SINGAPORE (Feb 3): Keppel Corporation is among the heavyweight blue-chip stocks that drove the Straits Times Index sharply higher in the wake of Donald Trump’s election victory.

SINGAPORE (Oct 7): This has been a challenging year for the global stock market, with the slowdown in China, the Brexit turmoil and the tepid US recovery looking to be derailed by the upcoming presidential elections.