US
market was weaker overnight as talk about Fed tapering off. The weakness
filtering through to Asia this morning as Asian ended mixed.
Given
the strong rally in the equity market, a period of consolidation is always
good. BoJ starts its 2 day policy review and Bernanke will comment on the
economic outlook of USA.
The
USD strength took a breather as USD trader weaker this am.
In
Singapore equity markets:
Gainers:
- DMX
Technologies open higher at 2.1% as it won $10.6m worth of contract from a Indo
SOE
- Tehnics
Oil & Gas also open higher as it wins S$3.6m leasing contract from a
Malaysia customer
Loser:
- Keppel
REIT open down 2.8% as it sells 180m units at S$1.555 to Goldman Sachs who
stays bullish on the office space in Singapore.
No comments:
Post a Comment