Daily Archives: March 11, 2019


Singapore Stocks Watch: STI resumes Monday evening at 3,196.27, up 0.01% on day

Singapore Stocks Watch: SINGAPORE stocks continued exchanging level on Monday evening, with the Straits Times Index expanding 0.01 percent or 0.40 point on the day to 3,196.27 as at 1.06pm.

Washouts dwarfed gainers 178 to 132, after 469.8 million securities worth S$373 million changed hands.

Among the most vigorously exchanged by volume, Hi-P International exchanged at S$1.70 with 20.5 million offers exchanged. Keppel Infrastructure Trust exchanged at S$0.495 with 9.7 million offers trading hands

SGX daily average normal esteem hit a six-month high at $1.06b in February

There were 100 new bond postings which raised $42.87b.

The Singapore Exchange recorded a 8% MoM increment in its securities day by day normal esteem (SDAV) to $1.06b in February, hitting its half year high. Notwithstanding, it was still down 39% contrasted with the figures in February 2018.

The bourse’s all out securities showcase turnover fell 12% MoM and 42% YoY to $19.1b more than 18 exchanging days. The market turnover estimation of Exchange Traded Funds (ETFs) additionally smashed 52% MoM and 70% YoY to $103m.

For subordinates, complete volume plunged 2% MoM and rose 1% YoY to 18.2 million.

SGX noticed that there February saw 1 Catalist posting and 100 new bond postings which raised $42.87b. The all out market capitalisation estimation of the 740 recorded firms hit $970.84b as of end-February.








  • Metal traders will continue to monitor gyrations in the U.S. dollar this week after gold prices rose almost 1% on Friday as a weak U.S. employment report sent the greenback lower and clouded the outlook for the global economy. Markets will get the latest reading on U.S. retail sales on Monday, which are expected to show another decline in January after an unexpected drop at the end of 201
  • The Labor Department reported a 20,000-job increase in nonfarm payrolls last month, far fewer than the consensus forecast of 180,000. But traders were encouraged by the unemployment rate falling back below 4% and average hourly earnings accelerating by 0.4%. The U.S. dollar index that tracks the dollar against a basket of six currencies was down 0.36% at 97.314 in late trade.
  • Oil prices rose on Monday, lifted by Saudi oil minister Khalid al-Falih saying an end to OPEC-led supply cuts was unlikely before June and a report of falling U.S. drilling activity. Despite this, markets were somewhat held back after U.S. employment data raised concerns that an economic slowdown in Asia and Europe was spilling into the United States, where growth has so far still been healthy. U.S.



  • Australia’s corporate watchdog rebuked the country’s biggest banks and financial services firms on Monday for delays fixing internal systems that resulted in customers paying fees for services they had not received. The Australian Securities and Investments Commission (ASIC) said it had been supervising the four biggest banks – Commonwealth Bank of Australia, Westpac Banking Corp, Australia and New Zealand Banking Group Ltd and National Australia Bank Ltd – plus investment bank Macquarie Group Ltd and wealth manager AMP Ltd, as they reviewed the systems which led to wrongful fee charging.
  • President Donald Trump will propose in his fiscal 2020 budget on Monday that the U.S. Congress cut non-defense spending by 5 percent while boosting spending on the military, veterans’ healthcare and border security, the White House budget office said on Sunday. The Republican president’s proposal, slated for release at 11:30 a.m. (1530 GMT) on the Office of Management and Budget’s website, is expected to be the first volley in this year’s bitter funding fight with Congress, which has control over federal purse strings.
  •  The tycoon at the center of a decades-old French legal battle that has dragged politicians and business leaders in its wake goes on trial on Monday accused of fraud. Bernard Tapie, the larger-than-life businessman and one-time chairman of Olympique Marseille football club, is embroiled in a fight over a fraught 1993 corporate deal and the compensation he won from the state 15 years later. She was convicted of negligence but escaped fines or jail time.


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