I have just summarized the 30 components stocks that made up Straits Time Index (STI) and their respective weightage based on the market cap as of Jan/10. Do note that STI is a market capitalization weighted index and thus involves the total market capitalization of the companies weighted by their effect on the index. This [...]

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This has been a boring week for trader as STI has been seesawing between the high of 2782 and low of 2732 with less than 50 points difference for the entire week. Although some news such as Greece‘s credit spurred the most recent pullback—triggers selling, but other investors quickly step in and take advantage of [...]

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On 24/Feb, Standard & Poor’s warned that the ratings agency may downgrade Greece to a level close to junk within a month and with worries compounded by news about the wide impact of a general strike in that country over the government’s proposed austerity measures. The Greek news also fueled a sell-off in the euro [...]

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On 22/Feb, STI seems to be directionless in determine where to move due to heavy selling of property stocks kept the index in a range bound and pared its gains. Finally STI plunged swiftly around 415pm and ended flat at 2757.46 due to the sudden drop at the Europe market Overall the VOL is LOW [...]

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Federal Reserve said on Thursday 18/Feb that they will raise the discount rate to 0.75 percent from 0.5 percent the interest rate it charges banks for emergency loans This news drove S & P 500 to the lowest of 1101 before the news on the CPI was announced. The Labor Department informs that the Consumer [...]

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