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狮城早报 | 国外市场暴跌,海指险守3000点

Lion City Morning Post | Foreign markets plummeted, with the sea index holding 3000 points.

富途資訊 ·  Mar 5, 2021 10:29  · Exclusive

It opens today.

Today$FTSE Singapore Straits Time Index (.STI.SG) $It opened low in early trading, down 0.35% so far, and remains above 3000 points. At present, 125 companies are up and 212 companies are down in the market, and the number of falling companies is almost double.

Analyst point of view

Global stock markets are now consolidating consolidation as the best months (January and February) are over. The stock market is now down because 10-year Treasury yields continue to rise and the S & P 500 is already highly overbought, an opportunity to sell.

I think the Dow Jones index and the s & p 500 will fall by 5% to 10% in the short term in two months, which will be an opportunity to buy at a low level.

Gao Longfei, director of Dexinghui research department

Investors should be cautious and pay particular attention to whether the company's share price is above fundamentals.Whether investing in mosquito stocks or blue chips, investors should pay attention to the fundamentals of the company, including the company's earnings growth potential in the next few years, its financial position and its valuation relative to its peers.

-David Gerard, President of Singapore Securities investors Association

This week's noteworthy data

Some of the market news or data that investors will be watching closely this week include non-farm payrolls data released in the United States tonight.

Local stock market news

  • Speculation in local low-priced stocks has risen again, with mosquito stocks less than 5 cents on the list of active stocks and share prices fluctuating violently.

  • $Oceanus ^ (579.SG) $$FJ Benjamin (F10.SG) $$Arion Ent (YYB.SG) $$3Cnergy (502.SG) $Mosquito stocks were actively traded yesterday, with 3Cnergy shares soaring more than 53 per cent in early trading on Thursday after being questioned by the Singapore exchange.

  • $Oceanus ^ (579.SG) $650.67 million shares changed hands, making it the most active stock in the market, with a total trading value of 28.75 million yuan. This year, the stock has been questioned by the SGX three times because of abnormal trading, most recently the day before yesterday, when the company's shares plunged 45.3% in early trading.

Source: Lianhe Zaobao, SGX

The translation is provided by third-party software.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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