Is it Start of Bull Market or W-Shaped Recession
Last week, Singapore’s Finance Minister, Tharman Shanmugaratnam cautioned of W-shaped recession. Some punters predicted that the stock market will see a double-dip or W-shaped recovery after STI reached the recent high of 2,658. Read on…
Singapore Penny Stocks Rally
The STI is back below 1,900 and I think that’s good. The blue chips need to take a rest while the penny stocks catch up over the past week.
It was all over Money section of the local newspaper… small caps are rallying. The FTSE ST Small Caps Index surged 18.4% since 8 April 2009. And yesterday was the busiest day of the year for Singapore stock market with 3.79 billion shares worth $1.35 billion changing hands. Read on…
Singapore Stock Market Outlook – 16 Apr 2009
The Singapore stock market is too bullish and has moved faster than I like. This morning, the STI hit 1,947 before turning down and is now trading below today’s opening 1,933.
Stock Market Singapore – Time to Get Back into Action
The Singapore stock market, the STI index, has risen from a recent low of 1,456 to yesterday’s 1,905. To me, the resistance level was breached and the market is moving up very quickly.
