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Finance

ASEAN Markets Consolidate Gains‏

Over Night trading in the USA will bring some pressure to regional exchanges today however, the trend of late in ASEAN has been to consolidate during soft periods on the US exchange followed by gains during USA rallys. So, today is a good day to be buying in ASEAN.
The Jakarta Composite [...]

Read More » No commentJuly 30, 2010

Asean Markets to Trade Lower Today‏

In Singapore The Straits Times Index recovered from late-morning lows to end the session with a net 12.39-point gain to 2,979.38 – its highest close in three months. This came on the heels of a one per cent rise by the Dow and a 1.2 per cent gain on Nasdaq overnight.
Sentiment here [...]

Read More » No commentJuly 29, 2010

ASEAN Stock Watch‏

ASEAN Markets continue Strong Growth
Thailand’s strong earnings growth may help equities overcome political pressures. Earnings of companies on the SET are forecast to rise 52 percent next year.
Bangkok Bank Pcl and Kasikornbank Pcl, the nation’s biggest and third-largest lenders, this month posted earnings that beat analyst forecasts, while Siam Cement Pcl [...]

Read More » No commentJuly 28, 2010

ASEAN Markets to Advance Today‏

As we expected most ASEAN stock markets fell on Thursday, retreating after a downbeat economic view from the U.S. Federal Reserve, and weaknesses in energy prices reflected in the sector across ASEAN.
Jakarta closed flat after breaking the 3000 barrier and holding those gains today despite a global sell off yesterday and [...]

Read More » No commentJuly 23, 2010

ASEAN Markets to Come Under Preessure‏

ASEAN markets did well after a good days trading in the USA and better data, however last night that changed direction and the USA market weakened. This will be felt in ASEAN today and markets are expected to trade lower.
Moderate bargain hunting ended the Philippine market’s four-day carnage today.
The benchmark Philippine Stock [...]

Read More » No commentJuly 22, 2010

Strong Rally Expected in ASEAN‏

A strong performance on Wall St overnight will help lift Singapore in todays trading, yesterday Singapore shares closed higher on Tuesday, with the benchmark Straits Times Index at 2,948.61, up 0.11 per cent, or 3.19 points.
About 1.22 billion shares exchanged hands.
Gainers beat losers 283 to 172.
Corporate news
Yangzijiang’s Taiwan Depository Receipts (TDR) listing [...]

Read More » No commentJuly 22, 2010

ASEAN Markets Hold Gains During World Sell Off‏

The outlook for Thailand keeps getting better, Japanese automakers Nissan and Toyota; the Japanese electronics firm Hitachi; the German conglomerate Siemens; the US chemical firm Dow Chemicals; and Siam Cement are just some of the Six leading multinational companies have expressed interest in establishing regional operating headquarters in Thailand.
The cabinet [...]

Read More » No commentJuly 20, 2010

ASEAN Stock Summary‏

As most countries went into recession last year, Indonesia’s economy grew at 4.5 per cent. That momentum has picked up in 2010 and GDP is running at around 6 per cent. Strong monetary policy, political stability and financial reform contributed to a series of recent debt ratings upgrades.
Indonesia has been largely [...]

Read More » No commentJuly 19, 2010

ASEAN Markets to Trade Flat Today‏

ASEAN stock markets consolidated as we predicted yesterday and will continue that consolidation today after flat manufacturing news hit Wall St. Indonesia ended a rally that took it close to a record high, Singapore retreated from a 10-week peak as investors turned wary over the U.S. economy.
Investors remain optimistic about the [...]

Read More » No commentJuly 16, 2010

Asian stocks jump after Intel results

TOKYO – Asian stock markets rose sharply Wednesday, powered by better-than-expected earnings from chipmaking giant Intel Corp.
Japan’s Nikkei 225 stock average jumped 2.5 percent to 9,776.75 in broad gains.
South Korea’s Kospi added 1.2 percent to 1,756.63, and Australia’s S&P/ASX 200 rose 1.4 percent to 4,443.500.
In New York Tuesday, the Dow Jones industrial average climbed 1.4 [...]

Read More » No commentJuly 15, 2010