Dear readers, how time flies! National Day and the long weekends are over and so are the very festive weekends that have had many Singaporeans and I glued over televisions for not just for our Singapore’s National Day celebrations, but also for Max, Singapore’s newly minted Olympic medalist on his quest for medal (and for
THREE NATIONAL DAY PROMOTIONS WHICH I HAD ENJOYED! Read More »
Dear readers, ever since the rout in global stock markets (including Singapore’s) earlier this week, many major stock markets have since rebounded. Among the 30 Straits Times Index (STI) constituent stocks, 4 STI stocks remain Oversold (i.e. with RSI of below 30). The four oversold STI stocks are: Capitaland Investment Keppel SIA UOB Specifically, in
FOUR OVERSOLD STRAITS TIMES INDEX STOCKS RIGHT NOW! Read More »
Dear readers, amidst the current sell-off of global equities, the larger question on the minds of many investors is whether a US recession is coming. The July 2024 US jobs reports showed that 114,000 jobs were added in Jul 24 and this placed the US unemployment rate at its highest level since 2021. With this,
Dear readers, the Singapore Straits Times Index (STI) continued to head south today, closing the day 1.39% lower. The performance of STI is rather different from regional and other overseas stock markets as these other markets seem to have regained some ground based on the closing of their stock indices today. However, when stock markets
STRAITS TIMES INDEX (STI) SINGAPORE: WHAT’S NEXT? Read More »
Dear readers, the global stock markets are likely to be selling off this week given the slew of news last week that suggested signs of a possible US economy weakening and interest rates staying at a 23-year high. Japan’s Nikkei 225 ended 5.8% lower on 1 Aug 2024, which marked the index’s biggest daily decline
Dear readers, the Singapore September Savings Bonds (SBSEP24 GX24090E) is open for application and will close on 27 Aug 24. The average 10-year yield of SBSep24 Singapore Savings bonds is 3.10% per annum and this yield has decline starting from the highest average 10-year yield of 3.33% for this year from the Jun 24 Singapore
SEPTEMBER SBSEP24 GX24090E SINGAPORE SAVINGS BONDS Read More »
Dear readers, the Singapore Straits Times Index (STI) closed at 3,381.45 yesterday (2 Aug 2024), this is about 1.3% down for the week from the 3,426.47 mark on 26 Jul 24. Of the 30 constituents, only one stock, SIA is currently oversold with RSI below 30. SIA stock was down from $6.97 on 26 Jul
STRAITS TIMES INDEX (STI) STOCKS: OVERSOLD, OVERBOUGHT NOW Read More »
Dear readers, it was announced today that a review group will be set up by the Monetary Authority of Singapore to give recommendations on how to strengthen the development of Singapore’s stock markets. One of the areas to look at will be on the less-than-ideal initial public offerings (IPOs) on the SGX: there were 6
REVIEW GROUP ON SINGAPORE STOCK MARKET DEVELOPMENT: MY SUGGESTION Read More »
Dear readers, in celebration of Singapore’s 59th birthday, Fairprice Kopitiam is offering the Signature Breakfast set at just $1 for all NTUC Union Members! The signature breakfast set comprises 2 toasts, 2 eggs and 1 hot drink To enjoy the offer, NTUC Union Members will have to present their physical or digital NTUC card upon
KOPITIAM FAIRPRICE: $1 SIGNATURE BREAKFAST SET (AUG 24) Read More »
Dear readers, I have been receiving property flyers in my mailbox each time I open my mailboxes. As I am not looking at properties, I threw the property flyers into the recycling bins. This is a better option than thrash bins as the flyers get recycled. I thought about the time, monies and efforts spent