Monthly Archives: December 2007

STI for whole year of 2007

The Straits Times Index (STI) that tracked 47 component stocks that are listed on the Singapore Stock Exchange (SGX) went through a bit of roller-coaster ride throughout the year of 2007.   STI started the year with 2985.83 on 3 January. … Continue reading

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2007 – Personal Reflections

2007 is significant in many ways. Firstly, I reached the age of 50. Secondly, I started teaching part-time at a polytechnic after staying away from work for 6 months. Thirdly, I spent some time volunteering at the Bright Vision Hospital, … Continue reading

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2008 Economic Predictions

At the beginning of 2007 when I wrote about the economic  growth prospect for Singapore and the region in 2007, I was mildly optimistic.   I brought in the unknown factors that can potentially dampen economic growths. Factors include the … Continue reading

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Sub-Prime Mortgage Crisis in US

The sub-prime mortgage crisis has caused major banks in the US to write-down asset values from their balance sheets in a massive way. Investment assets in the form of securities held by these banks (including Collaterised Debt Obligations) had to … Continue reading

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SGX revises the minimum bid size

Come Monday 24 December 2007, SGX will revise the minimum bid size for securities traded on the exchange. This action is to improve trading efficiency and market liquidity.   The minimum bid size is the difference between a buyer’s bid … Continue reading

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Catalist replaces Sesdaq

On 17 December 2007, the junior board on SGX known as Sesdaq was replaced by Catalist. 160 Sesdaq companies were automatically moved to Catalist. They are given 2 years to make the transition in order to comply with the new … Continue reading

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Expectations of future events priced into stock markets

At the FOMC meeting on 11 December 2007 (Tuesday), the Federal Reserve cut its base federal funds rate by a quarter percentage point to 4.25 percent in an effort to shore up economic activity in the face of weak housing … Continue reading

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Do actively-managed Unit Trusts outperform the benchmark indices?

The Business Times, Weekend Edition, 8-9 December 2007 carried an article written by Ms Teh Hooi Ling, entitled “Choosing funds that outperform markets”.   There are now more than 700 Singapore registered unit trusts, noted the writer. To select the … Continue reading

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Dividend Play during period of price volatility

When the share prices are volatile during this period, the stocks you own will fluctuate even during the course of a day. Buying into a particular stock which you thought is at a low may also drop the minute you … Continue reading

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Economic Indicators of Singapore

You cannot plan and execute financial investments without reviewing the economic indicators of Singapore. Investment analysts all over the world study these indicators for signs to invest or divest their investments. United States’ economic indicators are most watched and they … Continue reading

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