1 year STI Price
STI was at approximately 3,500, the highest peak almost a year ago. The price started to decline and eventually collapse in mid July 2015. Over the past few months, the STI has declined to as low as 2,532
1. China Data
As China is one of our major trading partners, the economic health of the country would also cause a major reaction in the Singapore market. This would mean that companies that have exposure to China would pose a greater risk of reporting lesser earnings.
2. Oil Prices
The oil prices would affect banks that offer loans to the oil & gas related sector and also the companies that are in the oil & gas industry. The recent increase in price of STI in Feb 2016 was mainly due to the news on the agreement between Saudi Arabia and Russia to freeze oil output and the decreasing US oil inventory reported. The freezing of supply would mean that it is likely that the future oil price may go up. Hence, the rise in price of STI.
3. US Interest Rate
Every one of us would definitely love to “Buy Low Sell High”. However, the chance of waiting for the stocks to hit the bottom and down at the lowest price is very slim unless one has been following the market very closely. Hence, it is important to conduct due diligence of the company and to identify the key factors that will affect the company’s stock prices.
STOCK MARKET
SOURCE : http://dollarsandsense.sg
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