SGX Singapore Stocks & Forex Live Picks

Weekly Wrap and Economical Data For the Week

Your Advisor
Publish date: Fri, 01 Mar 2013, 08:57 PM
Your Advisor
0 10,453
Blog for SGX Singapore Stock & Forex Recommendations gives you Live Stock Picks, we provide all SGX Stock Picks, Singapore Share Prices, Forex Trading Recommendation along with STI Quotes. Get Live SGX Singapore Picks.
Weekly wrap of STI: 
It was an important week for STI as Singapore announced its Yearly Budget for Fiscal Year 2013-14, also mixed trading week for STI. STI made its month lowest point in last week and closed with loss of 0.57%.

STI opens 3297.57 @ week's high level then it fell down and made a week low @ 3250 mark took support at that level and recovers some points but finally closed with loss of 18.63 points down by 0.57% wow basis @ 3269.50.

Economic data:
Singapore's inflation rate came in lower-than-expected last month, partly because of a higher base brought about by the Chinese New Year holidays in January last year.  Consumer Price Index (CPI) in January 2013 rose 3.6 per cent from a year earlier, after increasing 4.3 per cent on-year in December.

Singapore's Industrial Production numbers came in below expectations for January mostly dragged down by a sharp contraction in the biomedical sector. Forecast 4 % expansion from a year ago, but manufacturing output instead contracted 0.4 % on-year.


Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment