Rise in interest rates normally mean Equities wil go opposite, no?

Today arrr.....let me check....

Wah....only 1 red. a few black, and majority green

Market very funny and unpredictable one...After one day, aunty Yellen is forgotten

Some analyst say if interest rate increase, that means investor will shift their funds from stock to money market since return is better with higher interest. So stock will come down

Some analyst say if interest rate increase, that means the economy is good, confident restored, business will improve. So stock will go up

That is how the analysts work. On their table there are a few standard answers. When market close, depending on the market direction, they pick the answer most suitable to describe the day

The House always win

With hindsight sure win one....

The standard replies have been given by Showtime,..

Another reply would be that interest rates will only rise AFTER the economy has been proven to be good, ie from good indicator readings. Needless to say, an economy that has been proven to be good should, automatically,... has a rising stock market, and equities.

For myself, I feel that if the market is really good, upon rise of interest rates, the drop will be temporary. It will soon turn around,...

today Singapore TELCO all drop.




At 0.4% its size, Singapore wants more phone carriers than China


By Bloomberg / Bloomberg | September 2, 2016 : 7:13 AM MYT
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Translated by Google Translator:


SINGAPORE (Sept 2): Singapore&rsquo s population may be 0.4% the size of China&rsquo s but the tiny city-state may soon host a larger number of carriers than the world&rsquo s largest mobile-phone market.

The Infocomm Development Authority of Singapore said Thursday it received applications for what would be the Lion City&rsquo s fourth licence to operate a mobile-phone carrier. The idea is that increased competition would bring down phone bills, improve services and help Prime Minister Lee Hsien Loong step closer to turning Singapore into a &ldquo Smart Nation.&rdquo

That may come at the expense of existing carriers including Singapore Telecommunications, which has said there&rsquo s no need to bring in a new player in the face of what&rsquo s already a saturated market. At 148%, Singapore has the second-highest proportion of mobile subscribers relative to its population in Asia, according to World Bank data. Only Hong Kong has a higher penetration rate.

Based on more recent figures in Singapore, which has fewer than 6 million residents, Singtel dominates with a market share of 50%, followed by StarHub&rsquo s 27% and M1. taking the rest, according to data compiled by Bloomberg. That&rsquo s the same number of carriers splitting the market in China, which has more than 1.3 billion people.

Despite its home market&rsquo s diminutive size, Singtel has become one of the largest phone carriers in the region in terms of market value after building up stakes of operators in bigger markets such as India, Thailand, the Philippines and Africa.

Among companies that submitted bids for the mobile license were MyRepublic, a local Internet service provider backed by French billionaire Xavier Niel and Indonesia&rsquo s Sinar Mas Group, as well as AirYotta, a wireless company led by Chief Executive Officer Michael DeNoma, former head of consumer banking at Standard Chartered Plc, according to separate statements from the companies. A unit of Australia&rsquo s TPG Telecom also submitted a bid, according to the IDA.

This post has been edited by elea88: Sep 2 2016, 03:01 PM

I think the MDA has been talking about a fourth telco for sometime,.... Old news here ??

ya old news coz already dipp one round. and I was caught. But why again the news out and again see the severe 1 day dipp.

Maybe investors have short memories,... so, to dip the telcos, just put out the same news every now and then,...

STI bounces back up,... due to low possibility of US rate hike on Sep 21,...

i am thinking of adding SINGTEL at this level...

Singtel does not appeal too much to me,.. the yield is not good enough,....

Performance of the SGX year to date,....

SGX loses $6.1b market cap in delistings 18 companies pulled out from the securities market. The local bourse lost $6.1 billion YTD in total market capitalisation as delistings rise to 18 from January to August 2016. Data from Singapore Exchange revealed that the month of June had the highest number of delistings so far with five companies exiting the market and contributing $845 million in market cap loss. The largest loss recorded was in August at $2.4 billion or about 40% of total YTD losses. This involved three companies namely China Merchants Holdings-Pacific ($1.5 billion), Osim International ($912 million) and Pacific Healthcare Holdings ($4 million). The losses due to delistings, however, was offset by 17 new listings this year as at August 31 amounting to $6.4 billion in market cap at IPO and generating $2.3 billion in funds. REITs were the top fundraisers with Frasers Logistics and Industrial Trust as the largest deal with $928 million of funds raised, followed by Manulife US Reit ($648 million), and EC World Reit ($346 million).

Fullerton Healthcare lodges preliminary prospectus, may raise more than S$220 mil

http://www.theedgemarkets.com/my/article/f...?type=Corporate

INDONESIA - that word scares me.

reminds me of not-so-long-ago fret's riardy - one comment "we may move to jakarta exchange" cause the stock to tumble 20%. and no one need to answer for such irresponsible statements, not even sgx.

u wonder if that was some form of insider trading - to bring down the price and buy it up yrself.

This post has been edited by AVFAN: Sep 28 2016, 11:22 PM

well it's seems like insider trading to me.. push the price down so they could buy at cheap price

Fullerton

http://www.sharesinvestcoach.com/taking-a-...ration-limited/

is this Indonesia Owned? I still looking for info.

Fullerton is not Indo-owned.

Looks like FREIT did not tumble anymore even after the Riady fella mentioned relocation to the JSE to Bloomberg,... It stuck on above 1.35...

M1 stood at 2.22 today

Advisable to buy ? Or shall I consider Singtel rather than M1?