Singapore Market Review for Week ending 5 Jan 2013. Interesting Week Ahead.

By Stock Market • January 3, 2014

In a swift and decisive move, STI gap down at opening on the last trading day for the week, plunged even further down to wipe out the weekly gain and filled the gap @ 3134 - 3145. It is interesting to see what is going to happen next week, before the start of corporate earning season. SPH will be announcing its result on 14 Jan 2014 and kick off the earning season.

Looking at the performance of 30 STI component stocks, nope of them are spared, all of them are in the negative. Needless to say, those who lead the gains last week and continue till 2 Jan 2014, have a turn of fate. 3 Local Banking Counters, Singtel, Keppel Corp and Global Logistic Properties occupied the top 8 losing positions, in terms of points contribution.