Monthly Archives: September 2009

streetTRACKS Straits Times Index Fund

Stock code: STI ETF traded on Singapore Exchange (SGX)   This exchange traded fund (ETF) released its annual report recently for the year ended 30 June 2009. Results disclosed here are based on 30 June 2009 closing figures. This fund … Continue reading

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Property subsales took a hit

“Property speculators have had a tougher time so far this year – some 341 subsales of condos and apartments in the first eight months of this year incurred a loss, about 4.5 times the total number of loss cases in … Continue reading

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Take some money off the table

Government of Singapore Investment Corporation (GIC) sold off 4.5 per cent stake in Citigroup shares to reap profit of US$1.6 billion. This exercise reduced GIC stake in Citigroup to 4.9 per cent, down about half its original holding.   This … Continue reading

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Singapore Exchange Limited

Singapore Exchange Limited (SGX) released its annual report for the financial year ended 30 June 2009 (FY2009).   The period from 1 July 2008 to 30 June 2009 was a difficult year when the world faced the financial crisis of … Continue reading

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How high can STI go?

Reference is made to the commentary “Is the Recent Rally Irrational Exuberance?” by JEFF SOMMER, Published: September 19, 2009, The New York Times. US market watchers are now asking the same question that Singapore stock market had asked in July/August. … Continue reading

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Singapore Airport Terminal Services

Shareholders of Singapore Airlines (SIA) shareholders were given 0.73 share in Singapore Airport Terminal Services Limited (SATS) for every one (1) SIA share held by way of dividend in specie at no cost to them. For example, a SIA shareholder … Continue reading

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Facebook

I am on Facebook finally. I did not think much of social networking in the past. I have already got a blog going on Windows Live since 3 years ago and do not see the need to jump onto Facebook. … Continue reading

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