Singapore Stock Market News
Tech-Tracks - US equity inflows remain firm at expense of Asian outflows
StockFanatic
Publish date: Thu, 03 Dec 2015, 05:39 PM
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■ Expectations of a US Fed rate hike in mid-Dec 2015 has have led to firmer markets in the US American bourses and a buoyant US Dollar index.
■ As such, foreign funds continued to sell Asian equities on rallies as we approach the Fed's potentially hawkish move in mid-December.
■ Top SELLs: PT Salim Ivomas Pratama Tbk (SIMP IJ), Thaicom PCL (THCOM TB), EEI Corporation (EEI PM), Global Logistic Properties Limited (GLP SP), UEM Sunrise Berhad (UEMS MK), Ho Chi Minh Securities Corporation (HCM VN) and Huaneng Power International Corp (902 HK).
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