Google launches Asia-Pacific financial dashboard, revealing top financial trends for Singapore in 2016

Mobile searches for wealth management is growing at 41% year-on-year in Singapore. Eight of the top ten searches in Singapore were about insurance policies. Today, Google launched its Asia-Pacific financial dashboard sharing how consumers in 10 countries across Asia-Pacific have searched for financial products over the last year, and the implications for financial companies. Michael Yue, … [Read more...]

Straits Times Index to hover around 3170 level

2017Apr-Straits%20Times-1240x768.png

Straits Times Index to hover around 3170 level It has been a quiet week for Straits Times Index as market participants remains cautious on the outcome of the visit of US president Trump to China. Talks between the 2 countries are ongoing currently but early reports are showing that they are building up with some trade ties; in oppose to what was widely speculated. The week started with positive … [Read more...]

Impact of Trump Attack on Syria on STI and Gold

Trump-Syria-Missiles.jpg

The news was shocking to me and I bet it was shocking to the world as well. Trump has ordered a missile strike on Syria Thursday. I read on Bloomberg that his move has shaken world markets. U.S. stock index futures slump after his action. Global oil prices jumped more than 2% on Friday on news the U.S. launched a cruise missile attack on Syria. The missile attack does not seem to have much … [Read more...]

TRUMP EFFECT on GLOBAL STOCKS

6-3-Mount-Titlis-%2528138%2529.JPG

I was like the world eager to know how the first meeting of US President Donald Trump with the Chinese President Xi Jin Ping would be like yesterday but the meeting was eclipsed by the sudden US strike on Syrian government targets. As we know, the strike was a response to the attack on civilians in Syria. The strikes definitely have an effect on the global stocks markets, not less than how the … [Read more...]

Healthcare Sector Sentiment Remains Positive Despite Slow 1Q

medical-563427_960_720

The SGX All Healthcare index, a benchmark index for Singapore’s listed healthcare companies, generated a total return of 12.7% in the last 12 months, outperforming the regional benchmark MSCI AC Asia ex Japan Healthcare Index’s total return of 0.8%, but lagging the STI’s 10.8%. Several trends favour the healthcare industry, namely Asia’s rapidly ageing population, rising disposable incomes and … [Read more...]

After years of stagnant growth, things are looking up for Singapore’s tourism sector again

Following recent years of relatively stagnant performance, tourism arrivals in Singapore are expected to finally see an uptick on the back of a surge in intra-regional tourism, according to a new report from Colliers International, the commercial real estate services firm. The first quarterly Colliers International Hotels Insight Report, which features major trends in destinations across Asia … [Read more...]

Three Sectors that Continued to Beat the Market in March

Pix-07_jpg

The Information Technology (IT), Materials and Real Estate Management & Development Sectors were again ranked as the best three performing Sectors last month, following the same rankings for the three Sectors in February.Alliance Mineral Assets, China Sunsine Chemical and Kingboard Copper Foil led the Materials Sector Leaders higher in March. Alliance Mineral Assets announced Lithium and … [Read more...]

Strait Times Index sitting on the fence

2017Mar-Straits%20Times-1240x768_3.png

Strait Times Index sitting on the fence Straits Times Index ended first quarter of the year with a bullish closing. Market participants decided to pick themselves up after the fall that was triggered by concerns of Trump’s lacking of power to implement the policies that he had promised. In the early week, STI managed to rebound from the low of 3112 level and head towards its resistance at … [Read more...]

Nostramoney 2017

1100359-bigthumbnail.jpg

It's been a while since I've done one of these. I got Trump right though, 7 months before elections. Maybe it's luck, but I did make a bet with a friend and pocketed some nice money because of the insane odds. US equities head lower within the next 2 quarters (at least a ~10% drop in the indices) Short term rates hit a ceiling Long term rates continues to stay low Oil bounces around … [Read more...]

What Traders Need to Know about the Singapore Market?

20170402. What Traders Need to Know about the Singapore Market

At the start of 2016, global bourses were trading with tremendous anxiety. In early 2016, many of the world’s major indices suffered declines of up to 20%. Much the same was true of the Singapore market. Now, things are a little different, with the S&P 500 index, the NASDAQ composite index, and the Dow Jones Industrial Average rising to near-record levels. Of course, the Trump Factor has … [Read more...]

How Interest Rate Changes Affect REITs

Lko0SsT.png

Real estate investment trusts (REIT) is a class of stock investment that many believe are very much affected by global interest rate changes. For the past 35 years, the world have been in an environment where interest rate is getting lower and lower. There are periods where interest rate do rose, however the trend is down. For the past 5 years, there have been on and off voices that warns us … [Read more...]

Industrial Mining Stocks Made a Solid Start to 2017

Pix-01_jpg

SGX lists four stocks focused on mining Industrial Minerals – Lithium & Tantalite, Phosphate, Limestone and Marble. Mining activities of these stocks span Australia, China and Malaysia. These minerals have diverse industrial applications – from agri-business to construction to health supplements. Three of the four stocks have generated gains in 2017 YTD, with Lithium & Tantalite miner … [Read more...]

4 bumps the UK will have to face now that May has triggered Article 50

Even with the official commencement of the Brexit process – as finalised by Prime Minister Theresa May’s signature on the letter to trigger Article 50 of the EU’s Lisbon Treaty today – Bank of Singapore’s (BoS) chief economist Richard Jerram is certain that a deal for the UK to leave the Union is “almost impossible”. “To reach an agreement on such a complicated issue as market access – a new … [Read more...]

Expansion of the Utility Sector

faucet-1684902_960_720

The capitalisation of Singapore’s Utility Sector has expanded by 80% over the past five years outpacing the capitalisation growth of the MSCI AC Asia Pacific Utility Index and the parent MSCI AC Asia Pacific Index. Together the 10 stocks of Singapore’s Utility Sector supply water, gas and independent power through renewable electricity production. The 10 stocks have averaged a 5.2% YTD gain, … [Read more...]

Straits Times Index facing correction risk

2017Mar-Straits%20Times-1240x768_2.png

Straits Times Index facing correction risk Straits Times Index faced a week of profit taking as concerns on US president Trump’s policy implementation starts to face headwind last week. Market participants made use of such opportunities to exit the market despite a strong start in the week. 3160 resistance level held firmly despite being broken for a few days. The strong gap down action on … [Read more...]

Ernest’s market outlook (24 Mar 17)

Dear all, After 109 trading days, S&P500 finally staged a 1% drop on 21 Mar 2017. Is this the start of a correction? Let’s take a look at the charts. S&P500 Just to recap what I have mentioned on 10 Mar 2017 (see HERE), I wrote “All the EMAs are rising steadily. Since 8 Nov 2016, S&P500 has not traded below its 20D EMA for more than one trading session. Amid positively placed … [Read more...]

Significant Expansion of Singapore’s Coal Mining Stocks

industry-2023592_960_720

The number & combined market cap of SGX listed stocks focused on thermal coal mining in Indonesia has grown fourfold over the past three years. Following Geo Energy’s listing in 2012, three RTOs have seen Resources Prima Group, BlackGold Natural Resources and Golden Energy and Resources list on SGX. Two of these four stocks - Geo Energy Resources & BlackGold Natural Resources - have … [Read more...]

Technology Hardware Stocks form a Firm Foundation for Industry 4.0

board-453758_960_720

Singapore Manufacturing Sector represents 20% of Singapore’s 2016 GDP. The Government is focusing on key growth areas such as advanced manufacturing and Industrial IoT. SGX’s Technology Hardware companies form a firm foundation for the paradigm shift to Industry 4.0. These companies are mostly cash-generative and dividend payers. The 10 highest yielding stocks within the Technology Hardware … [Read more...]

Straits Times Index attempting a breakout

2017Mar-Straits%20Times-1240x768_1.png

  Straits Times Index attempting a breakout Straits Times Index continued to its bullish streak while US Federal Reserve announced its first interest rate hike for this year. The week was first greeted with cautiousness as many chose to stay sidelines ahead of the announcement of the interest rate hike last Wednesday. Some traders anticipate the possibility of bearishness ahead of the … [Read more...]

Economists raise Singapore growth forecast for 2017: MAS survey

Economists have raised their forecasts for Singapore’s gross domestic product (GDP) growth in 2017, according to a survey by the Monetary Authority of Singapore (MAS) unveiled on Wednesday. The median forecast of 23 economists surveyed in mid-February pointed to a 2.3% GDP growth this year. This is an improvement from the 1.5% growth forecasted in the previous MAS survey published in … [Read more...]