Would like to know buying & selling Singapore Shares.

What are the recommended good & reliable brokers to buy & sell?

How is their processing/commision fees, GST?

hi advocado...

there are a few more forumers who are also interested in trading STI....
they are discussing here : http://forum.lowyat.net/topic/1184749

afaik... there is no online trading facility from MBB and the charges for hlebroking is here:
http://www.hlb.com.my/eb/ebroking/foreign_trading_cost.pdf

not too sure about other IBs...

cheers....

This post has been edited by mopster: Oct 7 2009, 08:13 PM

I plan to use Singapore brokers directly instead of going thru local as SG broker have online service. But I don't know how they charge their service & commission.

The charge are:
1. Brokerage, around 0.28% for small fish or minimum charge normally around $25, which ever higher.
2. Clearing fee 0.04%
3. SGX Access Fee 0.0075%.
4. GST of 7% applied to item 1 to 3.
Normally around $30 for normal trade less than $9,000.

For big fish, lower cost.

hi, when you mean small fish do you mean $30 - $9000? What about Big Fish?

Any good brokerage that's efficient, fast & reliable & offer low cost as I hear different brokerage have different rates.

if you open with Philip or CIMB you can buy SG shares / US shares/ HK shares

IF you buy SG shares via CIMB brokers.. then u call sell via any other brokers--> this is what i understood from the CIMB representative

Means if you buying stock less than $9,000, normally need to pay approx. $30 for brokerage etc.

You can use CIMB invest. Or link an account from CIMB malaysia.

You need to pay S$25++ per trade.

if you buy HK shares, pay HK$60++ per trade.

but.. the cross-border trading always expensive.

there should be some etf or close ended fund listed in klse to track singapore stock.

try CIMB, i also just start to use it, not bad..

Yes,cimb can buy online like local share.im using it.

Bought some Genting SP @1.03.
Announce license granted--->goreng.
Grand Openning--->goreng!

hopefully!

It's the new year. Happy new year to everyone! Seems January is going to be a good month for a run up?

Current vested counters (SG):-
a) China Animal Health - dec closing price 0.22
b) Swiber - dec closing price 1.02
c) Teledata - dec closing price 0.075
d) Action Asia - dec closing price 0.19
e) Sinotel - dec closing price 0.635
f) Berlian Laju - dec closing price 0.10
g) Ntegrator - dec closing price 0.045

my wish to earn some $$ so can fund downpayment to buy house for me and wife

pls feel free to share and discuss if you also trade sg stocks! if got tips i try share too, but u buy on your own homework

This post has been edited by wlcling: Jan 1 2010, 01:35 AM

wow .. no buy genting sp ?

got play since around 74c but now not holding any existing positions

may load again...

This post has been edited by wlcling: Jan 4 2010, 12:26 PM

Just did a check on first half of first trading day. Penny plays still going good despite STI about -8 (0.3%). Will STI zoom past 3000 before end Jan 2010?

---

Added on January 4, 2010, 3:44 pmsold China Animal Health for small profit at 0.23. Enough to buy kacang puteh to eat while at movies next time
bought some China Sports for 0.18.

Go China go! Go China go!

This post has been edited by wlcling: Jan 4 2010, 04:09 PM

great run-up for today.

Tomorrow shall be another great run-up!

Swiber shall be my next Genting

2900 broken!!!

yup, thanks to DJ performing like a good boy! soon will break 3000. just hope no bad reports come out

Those vested in Genting, strongly consider Swiber as well. I have switched over.

Swiber is in oil industry right?

yup oil & natural gas