Renewed Selling Pressure Predicted For Singapore Stock Market

RTTNews2022-01-20

The Singapore stock market bounced higher again on Wednesday, one day after halting the eight-day winning streak in which it had advanced almost 125 points or 4 percent. The Straits Times Index now ...

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Comments

小虎一飞冲天
2022-01-20
小虎一飞冲天
Like pls.
SSVC
2022-01-20
SSVC
K
Toby_Chua
2022-01-20
Toby_Chua
Many bears lately
Helloyah
2022-01-20
Helloyah
huatt huattt
BenardTim
2022-01-20
BenardTim
$Mapletree Commercial(MTGCF)$ft your mobile
koolgal
2022-01-20
koolgal
Fasten your seat belts for a bumpy ride today! But once the turbulence is over the sun will shine again! Go STI! Go HSI! 🚀🚀🚀🌙🌙🌙

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The Straits Times Index now ...</p>\n\n<a href=\"https://www.rttnews.com/3256024/renewed-selling-pressure-predicted-for-singapore-stock-market.aspx?type=acom\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"STI.SI","symbol_name":"富时新加坡海峡指数","start_time":0,"source_url":"https://www.rttnews.com/3256024/renewed-selling-pressure-predicted-for-singapore-stock-market.aspx?type=acom","article_id":"1170504758","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1170504758","pubTimestamp":1642636866,"sourceInfo":{"source_id":"lsy1626938412129","name":"RTTNews"},"weMediaInfo":null,"summary":"The Singapore stock market bounced higher again on Wednesday, one day after halting the eight-day wi","collect":0,"end_time":0,"defaultTopTitle":"rttnews.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"translate_title":"新加坡股市再度面临抛售压力","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"STI.SI":0.9},"content_text":"The Singapore stock market bounced higher again on Wednesday, one day after halting the eight-day winning streak in which it had advanced almost 125 points or 4 percent. 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There were 267 decliners and 185 gainers.Among the actives, CapitaLand Integrated Commercial Trust gained 0.50 percent, while City Developments lost 0.42 percent, Comfort DelGro and Hongkong Land both rallied 0.73 percent, Dairy Farm International soared 1.40 percent, DBS Group collected 0.03 percent, Keppel Corp climbed 0.57 percent, Mapletree Commercial Trust added 0.54 percent, Mapletree Logistics Trust advanced 0.56 percent, Oversea-Chinese Banking Corporation eased 0.16 percent, SATS sank 0.50 percent, SembCorp Industries surged 3.29 percent, Singapore Airlines rose 0.40 percent, Singapore Exchange perked 0.31 percent, Singapore Technologies Engineering was up 0.27 percent, United Overseas Bank dipped 0.30 percent, Wilmar International spiked 1.18 percent, Yangzijiang Shipbuilding jumped 0.76 percent and Genting Singapore, Ascendas REIT, Thai Beverage, SingTel and Singapore Press Holdings were unchanged.The lead from Wall Street is broadly negative as the major averages were unable to hold on to early gains on Wednesday, bouncing back and forth across the unchanged line before finishing in the red for the second straight session.For the day, the Dow tumbled 339.82 points or 0.96 percent to finish at 35,028.65, while the NASDAQ dropped 166.64 points or 1.15 percent to close at 14,340.25 and the S&P 500 sank 44.35 points or 0.97 percent to end at 4.532.76.The late slide on Wall Street came amid rising Treasury yields and worries over inflation and looming interest rate hikes after U.S. Treasury yields hit fresh two-year highs amid Fed rate hike expectations.Most analysts believe a rate hike of at least 25 basis points from the FOMC is imminent, although some are now starting to think it may be a 50 bp boost.In economic news, the Commerce Department said that U.S. homebuilding increased to a nine-month high in December amid a surge in multi-family housing projects.Crude oil prices continued their recent upward surge on Wednesday, rising for the fifth straight day to a fresh seven-year high following supply issues in the Middle East. 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But once the turbulence is over the sun will shine again! Go STI! Go HSI! 🚀🚀🚀🌙🌙🌙","listText":"Fasten your seat belts for a bumpy ride today! But once the turbulence is over the sun will shine again! Go STI! Go HSI! 🚀🚀🚀🌙🌙🌙","text":"Fasten your seat belts for a bumpy ride today! But once the turbulence is over the sun will shine again! Go STI! 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