SInkie stock market laosai today

[Rogue Trader]

Singapore shares post biggest daily loss in 19 months

Reuters
Thursday, Jun 20, 2013

Singapore shares fell 2.5 per cent on Thursday in their biggest daily decline in more than 19 months, with telecommunications shares leading the losses, as global markets weakened after Federal Reserve signalled an end to its monetary stimulus.

The benchmark Straits Times Index ended at 3,133.26 points after its sharpest one-day fall since November 2011.

The broader MSCI's index of Asia-Pacific shares outside Japan tumbled 3.8 per cent amid a global sell-off across bonds, shares and commodities.

In Singapore, where all index components ended the day in the red, the telecommunications sector index led the retreat with a 3.4 per cent drop, followed by a 3.4 per cent slump in Real Estate Investment Trusts (REITs)and financial service shares, which dropped 2.8 per cent.

"Dividend plays and yield stocks took a big hit - telcos, REITs - as markets expect a hardening of interest rates," said one trader.

"Nobody's trying to catch the bottom."

 

[zhihau]

GSS still going on?

 

[Rogue Trader]

Great Stinkapore Smog?

 

[sleaguepunter]

knn, few days ago report good time will continue, now report doom all the way. portfolio empty, see got cheap stuff to pick up in next few trading days.

 

[Sadako]

knn, few days ago report good time will continue, now report doom all the way. portfolio empty, see got cheap stuff to pick up in next few trading days.

CAreful the low could get even lower.

 

[whoami]

Market havent really corrected yet.

I am afraid more downside is inevitable....

 

[garlic]

Crashing everywhere..

 

[laksaboy]

Yeah! Fuck your Sinkie gor pio!

Hope the STI drops to three-digits, and small-time punters hurl themselves off the roofs of buildings in Shenton Way. Just like Wall Street in 1929.

 

[laksaboy]

knn, few days ago report good time will continue

'Good news' reports regarding Singapore are always done to make the pappies look good. The truth is always less rosier than what's been touted by the presstitutes.

 

[Narong Wongwan]

CAreful the low could get even lower.

Market havent really corrected yet.

I am afraid more downside is inevitable....

Yes still far from the basement.........remember Cash is king.......there'll be time aplenty to hunt for bargains later not now.