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