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Tag | "wall_street"

Singapore’s stock market stumbles - As analysed


If you've been following my blog, earlier last week, I wrote an article analysing Singapore's stock market - the Straits Times Index. As analysed and predicted, STI has been continuously dropping for two days. Today, the index stumbled 121.09 points (3.70%) to a 5 month low.  (Refer to graph below) I'm not confident that the market will turn better tomorrow; Not at all confident about it. The wall street markets are open already.. Asian markets will still be affected if wall street (Nasdaq) don't perform today. We'll have to see how US markets do. As of now, NASDAQ already dropped 25.33 points. Hopefully by afternoon we'll see it rebound. I ...

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Written by Felix Ker on August 16th, 2007 with 8 comments.
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