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Singapore Stock Markets Review 10-Jan
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Publish date: Thu, 10 Jan 2013, 08:18 PM
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Market Review:
Singapore's main index extended its gains for a second straight day, as stronger-than-expected Chinese trade data buoyed investor confidence.
Singapore shares open higher @3230.45 level almost with gain of 10 points and then it made a day high of 3035.95 mark finally STI closed below the high level @ 3226.25 with gain of 5.84 points up by 0.18%.Some 4.3 billion shares, valued at S$1.91 billion were traded. Gainers outnumbered losers 268 to 222.
China's exports grew 14.1 % in December from a year ago to hit a seven-month peak, exceeding market expectations for a 4 % rise; imports grew 6% on the year, double the forecast. This boosted the country's trade surplus to $31.6 billion in December, from a surplus of $19.6 billion in November, and sharply above a forecast of $19.7 billion.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
