Stocks

STI set for retreat

STI set for retreat

The tone on 24 August 2012  is likely to turn rather pessimistic, says OCBC Investment Research.

STI points to weaker open

Mixed reactions on Wall Street and the poor Nikkei start are unlikely to provide any inspiration, says OCBC Investment Research.

Firmer open set for STI following holiday

The big news locally, according to IG Markets Singapore, was the improved $53 a share Heineken offer for APB.

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Overall earnings of listed companies moderated 6% YoY dragged largely by commodities-related.

STI set to resume recovery

The rally on Wall Street overnight and the positive Nikkei start are expected to boost local sentiments, says OCBC Investment Research.

STI hits 12-month high

The futures market hints at a weaker open however, says IG Markets Singapore.

STI shows signs of rebounding

The index closed 0.4% higher and is forecast to recover further.

Significant improvement unlikely for STI

On Friday the index traded sideways pretty much of the session before closing just 0.1% higher, says OCBC Investment Research.

Singapore traders to play catch-up

This after Chinese economic data was released during National Day celebrations, while local GDP figures have just been released.

STI set for higher open following minor setback

The index surprised traders, says IG markets Singapore, as it fell while its regional peers rose.

STI rebounds to a 0.5% gain

The index continued to hold up well above the 3000 psychological level in the last trading session.

STI set for further declines

No thanks to widespread disappointment over the lack of concrete details from ECB.

STI closes with 0.5% loss

In local trading, spotlight is likely to be on DBS and F&N.

STI closes at a year-high above 3050

The index continued to display resilience, says OCBC Investment Research.

STI set for softer open

The STI could open softer looking at the futures market overnight, says IG Markets Singapore.

STI closes with 1.1% gain

The index failed in its attempt to overcome the 3040 key resistance.