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(Post 11851 of 15224) 06/10/2004.15:46:10 |
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Hey Zombie, i think we are going to be spot on...maybe it will be 1829? hahaaha.....
The NQ futures just made another move up and CSM is showing it. Even the SIMSCI has made a move up.....shiok..... 
1826 now....coming close to where we GUESSTIMATED.......  |
| (Post 11852 of 15224) 06/10/2004.15:52:11 |
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Cio 
It will go up even further next week  |
| (Post 11853 of 15224) 06/10/2004.15:53:33 |
| Author : |
I agree. My SIMSCI and NQ are all well in the money. But i am not taking profit yet. Next week should be all systems go. |
| (Post 11854 of 15224) 06/10/2004.15:56:09 |
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Poor Ytrader, he has been short all this week   |
| (Post 11855 of 15224) 06/10/2004.16:00:22 |
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Actually, he was not wrong to go short. I was very tempted to short the market myself. Based PURELY on the charts, he is probably right. But I am mixing in my own view of the market psychology based on the news flow coming out etc. Let's see. 2 more points to 1828.
If we get the reversal in Wall Street tonight, it will really confirm that we are in an uptrend. Go back to 1377 in the NQ futures and you will see how closely we are hugging the 10day MA and yet not breaking it. That only tells me one thing....go figure....
Of course, if we get a down move today that breaks that 10day MA support convincingly, then all bets are off....though i would say chances of that happening are pretty slim. |
| (Post 11856 of 15224) 06/10/2004.16:06:38 |
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cio you miss my call on SUR***MOU***...hahaha...just last week only...see how it is now  ...good luck |
| (Post 11857 of 15224) 06/10/2004.16:11:08 |
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hi Johnny!
Yep....I was into Midas and Meiban and Bio and JTG and some futures contracts based on my market call.....so dont have to much money to buy so many different stocks....hahaha Congrats nonetheless!
Hey since u are online....any views on YHI? I am vested but i don't know which donkey has a serious amount of stock to sell....non-stop for 2 weeks already!  |
| (Post 11858 of 15224) 06/10/2004.16:48:49 |
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Tallking about YHI, im tempted myself...
should i? SHould i not? |
| (Post 11859 of 15224) 06/10/2004.16:49:05 |
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The U.S Market will be closed after Thursday trading for Ex-President Ronald Reagan State funeral on Friday....will the investors take profits or will the market rally out of respect for their Ex-President??
Personal U.S Investors may be re-directed their attentions to the Asian Markets when the U.S Market closes on Friday....we may see a rally on STI. |
| (Post 11860 of 15224) 06/10/2004.16:51:31 |
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Gain
Thats music to my ears!!! |
| (Post 11861 of 15224) 06/10/2004.16:53:11 |
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hi Legoz
For your sake, I think you should wait for the dust to settle first. There is some bugger with heck of a lot of stock to sell. I have been watching the selling for at least 2 weeks already and he is not finished yet!!!! I can't imagine who has so much stock to sell. I think better wait until it has clearly broken the downtrend..u never know where the bottom is. I bought in too early and am now sitting on paper losses. But given that the CEO and one other Director bought from $1 to 1.05, it should be ok. Schroders last made a purchase above 1.05 2 weeks ago i think. Anyway, warn you in advance. Don't want u to get into the same trap as me. Cheers. |
| (Post 11862 of 15224) 06/10/2004.17:17:42 |
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hey Zombie, check out the close.
So u buy me coffee? |
| (Post 11863 of 15224) 06/10/2004.17:24:22 |
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Zombie...
Scary hor.. this Cio got crystal ball leh!!! :eek: |
| (Post 11864 of 15224) 06/10/2004.17:24:41 |
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Zombie...
Scary hor.. this Cio got crystal ball leh!!! |
| (Post 11865 of 15224) 06/10/2004.21:44:15 |
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June 2004 - October 2004
A Great Way to Test Bear Market Stock Models The Worst month in US history? When I used to work as Director of Research for a large Wall Street derivatives firm that managed over a billion dollars, my job involved inventing and investigating any and all ways that could possibly make money from fluctuating stock, bond, currency and commodity prices. At that time I was one of only a handful of experts in the world developing computerized systems for buying and selling the markets. I'd come up with models, computerize them, and then we'd run millions of dollars of trading on these models. Today, it seems that almost everyone does this. Now anyone who has had that sort of mandate eventually bumps into all sorts of esoteric ways to predict or measure or categorize stock prices. There are Elliott waves, Gann Angles, Wyckoff countings, technicalized fundamental models, astrological aspects, you name it. There are even highly scientific mathematical methods and sometimes their predictions correspond exactly with the esoteric ones. That’s why I’m writing. I’ve found something that might be of interest to stock investors. At the very minimum it’s something to keep in the back of your mind. Don't trust it necessarily, but it's a perfect set-up for a TEST. As we say in cultivation, test everything. If you are a perennial student, one of the more interesting subjects in the investment area is the topic of manias, bubbles and crashes, stock market tops and bottoms. Delving into this is a fascinating study in human behavior, mass movements, history, public opinion (“sentiment”) and Taoist concepts of yin and yang. It ties in to the idea of contrarian investments, the fact that crowds are usually wrong, and the fact that you can usually look at the cover of TIME magazine or NEWSWEEK to know exactly when a market has reached a top or bottom and is ready to turn. If you didn’t know that, use this little rule: When the investment news on a particular market is so good or bad that it finally makes it to the covers of one of these magazines, then yin is about to flip to yang or yang to yin, and it’s time to change your investment strategies. As a general rule, count on it. The rule ties in with karma, and people's ability to change their fortune and destiny by being independent and applying their free will to work against their life trend. But more on that at a different time. What peaked my interest this week is a footnote I found in Chris Carolin’s newsletter, at www.calendarresearch.com. This month Chris is letting people peek at all the corners of his site for free (normally you have to subscribe), so go take a look. That’s your FREE BONUS this week – a free look inside a financial website you’d usually have to pay for. Chris is famous for discovering that stock market tops and bottoms often follow a cyclical pattern that’s related to equinoxes, solstices and multiples of lunar cycles and has written a popular book on the topic. Anyway, the latest newsletter on his site references the work of Didier Sornette, a Professor at UCLA who has a mathematical stock prediction model. Having some expertise in the field, this is one of the few models I like after finding it several years ago. It’s been right, it’s been wrong, but perhaps the only model that successfully predicts parabolic stock market bubbles and currency bottoms. I was so happy to finally see the model results updated, and thought you’d like to know that this model also predicts a BEAR, BEAR, BEAR market going into 2004. Here’s the link for your investigation, and take a look at the charts: http://www.ess.ucla.edu/faculty/sornette/prediction/index.asp#prediction The work also ties in with the controversial opinions of analyst Michael Belkin who called the bubble, crash and rally and who is also now telling his clients (who pay $36,000 a year to hear him) to exit the market. You can do a google search on Michael to see what he has to say. Once again, he's sometimes right and sometimes wrong but most recently is the guru of the moment because of some consecutive good calls. After him it will be someone else until they're no longer "hot." Now remember I previously mentioned Rick Houck’s Vedic forecast of June 2004 as being perhaps one of the worst possible months - a super crisis period - in US history? Rick passed away awhile back but mentioned that K.N. Rao also said that 2004 was the testing year for the US. Yet another famous astrologer who does impeccable work wrote me saying, "In June of this year (2004) Saturn conjuncts the Sun (the soul) of the United States horoscope. Ever since Bush was elected on the Jupiter Saturn conjunction that repeatedly kills US presidents, I have worried about this summer. But if the aspect isn't signifying the President's demise, it could be huge financial problems for the country. Saturn conjuncts the US sun every 30 years or so. But this time we are in a vulnerable state in so many ways. Neptune is even quincuxing the sun at that time which could be biological stuff and poisoning." Later he wrote me saying, "... from June 18th to July 10 are about the worst astrological features for the country and for Bush that have occurred so far. April - August are bad, but those 3 weeks mentioned are truly horrendous." Once again, who knows for sure? However, check out Didier’s mathematical forecasts (done together with Wei-Xing Zhou) that have nothing to do with esoteric trivia. They predict a significant market decline from now until the Summer of 2004. I like the model they use to come up with their predictions, and so I like to follow things like this. Half the time some models are saying buy and the other half say sell, and it takes a wise mind to be able to know which one is the best one to listen to at the moment. Of course Didier's forecasts have been wrong before, and so has Rick, and coincidences don’t prove anything. Stock market opinions are a dime a dozen. However, you must always keep an open mind and open ear. You must be skeptical and open at the same time, and test everything. So here's my reason for writing: this is a perfect opportunity to test some of these esoteric methods as a learning lesson in openness and skepticism. Keep them in mind and take care. This article can be freely copied, reprinted or transmitted in any form without request as long as credit is given to the author Bill Bodri and the originating site www.meditationexpert.com. Logout |
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| (Post 11866 of 15224) 06/11/2004.07:26:09 |
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STI Cheong Ahhhh!!!! 
Kateks die pain! pain!  |
| (Post 11867 of 15224) 06/11/2004.07:58:16 |
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let me also join in the ECHO....CHEONG AH....CHEONG AH....CHEONG AH..... |
| (Post 11868 of 15224) 06/11/2004.08:13:09 |
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Darjaz ,,hi, morning.
Are u turning bullish now? |
| (Post 11869 of 15224) 06/11/2004.08:26:22 |
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NTTG, i hv both short and long...both also can....hehehehehe |
| (Post 11870 of 15224) 06/11/2004.08:31:13 |
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Darjaz ...so cleber....must learn from you.. |
| (Post 11871 of 15224) 06/11/2004.11:36:52 |
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This explains the lack lustre market? |
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| (Post 11872 of 15224) 06/12/2004.11:11:50 |
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Artist: ABBA
Title: The Name Of The Game I've seen you twice, in a short time Only a week since we started It seems to me, for every time I'm getting more open-hearted I was an impossible case No-one ever could reach me But i think i can see in your face There's a lot you can teach me So i wanna know...... What's the name of the game? Does it mean anything to you? What's the name of the game? Can you feel it the way i do? Tell me please, 'cause i have to know I'm a bashful child, beginning to grow And you make me talk And you make me feel And you make me show What i'm trying to conceal If i trust in you, would you let me down? Would you laugh at me, if i said i care for you? Could you feel the same way too? I wanna know...... The name of the game I have no friends, no-one to see And i am never invited Now i am here, talking to you No wonder i get excited Your smile, and the sound of your voice And the way you see through me Got a feeling, you give me no choice But it means a lot to me So i wanna know...... What's the name of the game? ……………………………………. Goodluck and bye,bye Logging off |
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| (Post 11873 of 15224) 06/14/2004.15:29:40 |
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=DJ Asia Fund View: Foreign Funds Returning To Asia - HSBC
14/06/2004 15:11 SINGAPORE (Dow Jones)--Foreign funds are returning to Asian shares as regional bourses have substantially factored in the likelihood of a rise in interest rates and are offering attractive valuations, according to HSBC Asset Management. After sharp gains fueled in large part by foreign fund inflows, the prospect of monetary tightening in the U.S. and China and higher oil prices have taken much of the steam out of a regional stock rally over the past few months. Asia had been the darling of foreign fund managers amid some strong domestic themes, but the likelihood of higher yields from dollar-denominated assets spurred offshore investors to pull out of the region. For the first time in four years, the U.S. central bank's Federal Open Market Committee is expected to raise its key Fed Funds rate when it meets June 29-30. "We've been seeing anecdotal evidence that the reversal of foreign flows is fading and that subscriptions are moving back into Asia," said Ayaz Ebrahim, Chief Investment Officer, Asia ex-Japan Equities, at HSBC Asset Management (Hong Kong) Ltd. "An increase in rates has been mostly factored in, and given how markets have come off, there's a reluctance now to sell down further," he said. Ebrahim said the return of foreign capital to the region would gather momentum from clearer signals that China's economy won't experience a sharp slowdown, and when there's "a better feel of what the Fed's agenda for raising rates is." Investors also want to see lower oil prices, said Ebrahim, adding that "once there's more evidence of improvements on these three fronts, (Asian equity) markets will be more confident going forward this year." The latest crop of economic data point to evidence that Beijing's credit and investment squeeze on some overheated sectors of the economy is working. Still, Chinese equity markets are jittery amid talk of an imminent rate hike, with inflation also close to a central bank "danger line." Oil prices are off their record highs, but concerns prevail over Asia's growth prospects due to the region's heavy reliance on imported oil. Ebrahim said strong domestic demand will support North Asian economies, and make their stocks most sought after by foreign funds, within the regional portfolio. "China looks good from a bottom-up level, while Taiwan and Hong Kong are also showing compelling valuations," he said. "But we need more evidence that Korea's strong export sector is supported by increased domestic consumption." On a sectorial basis, Ebrahim said HSBC most favors retail and banking stocks on the back of the domestic-led growth story. "Certain commodities linked to oil prices are also looking fairly strong, but they may not see similar price gains going forward." HSBC Asset Management has some $194 billion assets under management globally, with around $31 billion of that in Asia. -By Anusha Attygalle, Dow Jones Newswires; (65) 6415 4024; anusha.attygalle@dowjones.com (END) Dow Jones Newswires 14-06-04 0711GMT |
| (Post 11874 of 15224) 06/14/2004.15:34:34 |
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Lies...
All lies!! How many pts to 1600?!  |
| (Post 11875 of 15224) 06/14/2004.20:15:13 |
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Yo, VIP, Let's kick it!
Ice Ice Baby, Ice Ice Baby ................................................ ................................................ Check out the hook while my DJ revolves it Ice Ice Baby Vanilla, Ice Ice Baby Vanilla Ice Ice Baby Vanilla, Ice Ice Baby Vanilla .......................................... .......................................... The girlies on standby, Waving just to say Hi Did you stop? No -- I just drove by Kept on pursuing to the next stop I busted a left and I'm heading to the next block That block was dead ......................................... Check out the hook while my DJ revolves it Ice Ice Baby Vanilla, Ice Ice Baby Vanilla Ice Ice Baby Vanilla, Ice Ice Baby Vanilla ......................................... Take heed, 'cause I'm a lyrical poet Miami's on the scene just in case you didn't know it My town, that created all the bass sound Enough to shake and kick holes in the ground 'Cause my style's like a chemical spill Feasible rhymes that you can vision and feel Conducted and formed, This is a hell of a concept We make it hype and you want to step with this Shay plays on the fade, slice like a ninja Cut like a razor blade so fast, Other DJs say, "damn" If my rhyme was a drug, I'd sell it by the gram Keep my composure when it's time to get loose Magnetized by the mic while I kick my juice If there was a problem, Yo -- I'll solve it! Check out the hook while Deshay revolves it. Ice Ice Baby Vanilla, Ice Ice Baby Vanilla Ice Ice Baby Vanilla, Ice Ice Baby Vanilla Yo man -- Let's get out of here! Word to your mother! Ice Ice Baby Too cold, Ice Ice Baby Too cold Too cold Ice Ice Baby Too cold Too cold, Ice Ice Baby Too cold Too cold |
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| (Post 11876 of 15224) 06/14/2004.20:18:04 |
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We love you come on home
Well i didn't have to pack I had it all right on my back Now i'm five hundred miles away from home Chorus: Away from home, away from home Cold and tired and all alone Yes, i'm five hundred miles away from home It's hard to tell the state i'm in Where i'm going, where i've been But there's a dream i've been following so long ……………………………………………. But i'm still five hundred miles away from home …………………………………………… Lord, i'm one, lord i,m two , lord i,m three, lord i,m four Lord i,m five hundred miles away from home Logout |
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| (Post 11877 of 15224) 06/14/2004.21:55:35 |
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Mirror ,mirror on the wall, who is the prettiest of all among the
three witches??? Triple Witching An event that occurs when the contracts for stock index futures, stock index options, and stock options all expire on the same day. Triple Witching Days happen four times a year: the 3rd Friday of March, June, September, and December. It is sometimes referred to as Freaky Friday. The final trading hour for that Friday is the hour known as triple witching. In this final hour the markets are quite volatile as traders are quickly offsetting their option/futures order before the closing bell. If you are a long-term investor, then triple witching has minimal impact. COMING SOON !!!! THIRD FRIDAY OF JUNE !!! OH MY GOD !!!! ITS THIS FRIDAY - 18th JUNE Yet another famous astrologer who does impeccable work wrote me saying, "In June of this year (2004) Saturn conjuncts the Sun (the soul) of the United States horoscope. Ever since Bush was elected on the Jupiter Saturn conjunction that repeatedly kills US presidents, I have worried about this summer. But if the aspect isn't signifying the President's demise, it could be huge financial problems for the country. Saturn conjuncts the US sun every 30 years or so. But this time we are in a vulnerable state in so many ways. Neptune is even quincuxing the sun at that time which could be biological stuff and poisoning." Later he wrote me saying, "... from June 18th to July 10 are about the worst astrological features for the country and for Bush that have occurred so far. April - August are bad, but those 3 weeks mentioned are truly horrendous." Once again, who knows for sure? Goodluck and bye,bye Logging off |
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| (Post 11878 of 15224) 06/14/2004.22:01:27 |
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okwwf ,
You are a bit behind time no more Triple it is quadruple witching hour. Good luck and bye bye to your triple witching hours!! |
| (Post 11879 of 15224) 06/14/2004.22:17:25 |
| Author : |
Thank U , Bluesteel.
So, mirror , mirror on the wall, who is the prettiest of all among the four witches. Quadruple Witching A day on which contracts for stock index futures, stock index options, stock options, and single stock futures (SSF) all expire. This is similar to the triple witching hour, except that the quadruple witching hour sees also the expiry of SSFs. Quadruple witching days occur on the 3rd Friday of March, June, September and December. Goodluck and bye,bye Logging off |
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| (Post 11880 of 15224) 06/15/2004.09:17:39 |
| Author : |
STI cheong ahhhh!!! |
| (Post 11881 of 15224) 06/15/2004.10:26:29 |
| Author : |
...and once investors realise that
US short term rates won't rise as fast as expected STOCKS SHOULD RALLY.... DJ MARKET TALK/SG: STI Down 0.6%; Fresh Rate Hike Worries 15/06/2004 09:41 [Dow Jones] STI down 0.6% at 1803.22, taking cue from weaker Wall Street close and soft North Asian bourses (Nikkei down 0.5%), as investors fret over interest rate concerns; this on fear U.S. Fed may adopt more aggressive stance on rate hikes to cool inflation. OCBC Investment expects market to stay weak, given "the nervousness surrounding higher interest rates, coupled with the lack of positive corporate news." Psychological support for STI likely at 1800. Volume 34 million shares; 25 gainers, 48 losers; among losers, DBS (D05) down 1.4% at $14.40. (ANU) |
| (Post 11882 of 15224) 06/15/2004.10:35:00 |
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Help ah...
the market is going in clueless mode again. Rate hike? Pls lor...
how much does analyst earn to give comments like these? |
| (Post 11883 of 15224) 06/15/2004.10:53:15 |
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Analysts or anal-ysts? |
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| (Post 11884 of 15224) 06/15/2004.13:54:29 |
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DJ PREVIEW:Singapore May Non-Oil Exports Expected +22% On Yr
15/06/2004 13:52 SINGAPORE (Dow Jones)--Singapore's non-oil domestic exports likely accelerated on a year-on-year basis in May due to a low year-ago base, but some economists believe the growth momentum is starting to moderate. A poll of 11 economists by Dow Jones Newswires predicted key exports rose an average 22% on year in May, faster than April's 15.1% pace. Growth estimates ranged from 17.6% to 28.8%. "We expect the headline growth to strengthen to 17.6% in May mainly due to a lower base last year. On a month-on-month, seasonally adjusted basis, non-oil domestic exports are expected to contract 1.0% from April," United Overseas Bank Ltd. (U11.SG) said. UOB said it expects the bioscience segment to turn in a strong performance while on-year growth in the key electronics segment is expected to hold up due to a strong showing by semiconductors. "However, the disk drives segment, amidst talk of plant shutdown at one of the largest manufacturers here, is expected to continue its contraction in May," the bank added. Action Economics' David Cohen was more bullish about Singapore exports, predicting on-year growth of 25% and seasonally adjusted on-month growth of 2% in May. "NoDX (non-oil domestic exports) will remain on a solid upward trajectory month-on-month, echoing the continued strength in May exports reported by South Korea and Taiwan," he said. Earlier this month, the Singapore Institute of Purchasing & Materials Management said its Purchasing Managers' Index stood at 55.7 in May, up 0.5 point over the previous month. However, the subindexes for new orders and export orders declined slightly, indicating a slowing in the growth of new orders in the months ahead. International Enterprise Singapore will publish the May trade data around 1:00 p.m. local time (0500 GMT) Thursday. Singapore Non-Oil Domestic Exports Forecasts (% change) (Year-on-year percentage growth in Singapore dollar terms.) Action Economics +25.0% Bank of Tokyo-Mitsubishi +22.5% Citigroup +22.5% DBS +18-20% Deutsche Bank +20.0% GK Goh +28.8% IDEAglobal +22.0% ING +20.0% Standard Chartered Bank +25.3% United Overseas Bank +17.6% UOB-Kay Hian +19.1% Consensus +22.0% April +15.1% -By Kevin Lim, Dow Jones Newswires; 65-6415-4156; kevin.lim@dowjones.com -Edited by Shishir Mudgil (END) Dow Jones Newswires 15-06-04 0552GMT |
| (Post 11885 of 15224) 06/15/2004.13:57:57 |
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DJ MARKET TALK/SG: Fed Analyst:Inflation Not Big FOMC Worry
15/06/2004 12:36 [Dow Jones] Some pause perhaps for those fretting about inflation/rates link in U.S. with top economist at Minneapolis Fed saying current level of inflation's not major concern for FOMC; "overall inflation remains pretty modest," says Fed vice president Arthur Rolnick. He serves as associate economist with FOMC, which sets interest rates, so he may have some idea of what they're thinking; still, recent comments suggest Fed's poised if needed to be more aggressive on rate hikes than now expected.(RXM) |
| (Post 11886 of 15224) 06/16/2004.11:33:06 |
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Let go....STI !!! What're you waiting for?? Until Fed policy makers meeting on June 29-30, we should be seeing some outstanding rallies on STI.
Asian Stocks Climb After Greenspan Comments; Toyota, BHP Gain June 16 (Bloomberg) -- Asian stocks rose after U.S. Federal Reserve Chairman Alan Greenspan said interest rate increases may be ``measured'' because inflation isn't a serious threat. Toyota Motor Corp. and BHP Billiton led gains. The Morgan Stanley Capital International Asia-Pacific Index, which tracks more than 900 stocks, jumped 1.6 percent to 89.78 as of 11:44 a.m. in Tokyo. U.S. consumer prices excluding food and energy added 0.2 percent in May, in line with the median estimate of economists surveyed by Bloomberg News, and less than the 0.3 percent advance in April. ``Greenspan's comments provided a big boost for the stock market because investors were becoming increasingly concerned inflation would prompt a quick move from the Fed,'' said Takashi Kamiya, who oversees $16 billion as chief strategist at T&D Asset Management Co. in Tokyo. Japan's Nikkei 225 Stock Average climbed 2.3 percent, while the broader Topix index gained 1.5 percent. South Korea's Kospi index advanced 1.3 percent and Hong Kong's Hang Seng Index added 1.1 percent. All benchmarks in markets in Asia opened for trading gained, except those in Taiwan, the Philippines and Indonesia. Greenspan, in testimony before the Senate Banking Committee, said inflation isn't a ``serious concern'' and interest-rate changes are ``very likely to be measured over the quarters ahead.'' Fed policy makers will meet on June 29-30 to set the benchmark lending rate. ``Investors had been worried about accelerating inflation forcing the Fed to act aggressively to raise rates,'' said Hiroichi Nishi, an equities manager at Nikko Cordial Securities Inc. in Tokyo. ``Greenspan's comments do a lot to ease those concerns and help push stocks higher.'' |
| (Post 11887 of 15224) 06/16/2004.13:01:28 |
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STI Cheong Ahhhh!!!! |
| (Post 11888 of 15224) 06/16/2004.13:32:13 |
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Zombie dude,
Difficult leh... vol so low now... moreover vol only come in in the afternoon cos every1 soccer lag mah! |
| (Post 11889 of 15224) 06/16/2004.13:35:19 |
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biggie  |
| (Post 11890 of 15224) 06/16/2004.13:36:59 |
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Hi all....just came back, for a while to check emails etc. Hope everyone is doing fine. Judging from current prices and index levels, looks liks i didn't miss much!
Nothing much to comment / say. Still gotta catch up on the newsflow first. Taking the next 2 days off as well.... |
| (Post 11891 of 15224) 06/16/2004.13:55:09 |
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sexy |
| (Post 11892 of 15224) 06/17/2004.14:19:28 |
| Author : |
Singapore's non-oil exports up 27.7 percent on-year in May. SINGAPORE: Singapore's non-oil domestic exports (NODX) in May grew a robust 27.7 percent on-year to S$11.01b, fuelled by strong demand from Europe for electronics and pharmaceutical goods.
The expansion was also much faster than the 17.1 percent pace in March and 15.1 percent growth in April. Month-on-month, NODX in May accelerated by 11.8 percent, faster than the 3.7 percent expansion in April, data by IE Singapore showed. Exports of both electronics and non-electronics products grew in May. Exports of electronics posted a 26.2% expansion year-on-year in a fourth straight month of positive growth. On a monthly basis, they rose by 11.1%, after a mild 2.7% growth in April. Growth was attributed mainly to larger shipments of integrated circuits, mainly to Hong Kong, US, and EU, as well as other peripherals to the EU. For non-electronics, exports climbed 29.2% on-year and 12.6% on-month in May. "The strong performance was sustained by larger shipments of pharmaceuticals to EU, petrochemicals to regional markets like China, Malaysia, and Hong Kong, and specialised machinery to China and US," said IE Singapore. NODX to all the top ten markets, except US, reported positive growth in May. In particular, NODX to EU, China, and Hong Kong continued to post healthy double-digit gains. NODX to US fell slightly by 0.8% in May, an improvement compared to last month’s 2.6% decline. The 0.8% decline was due mainly to the fall in exports of non-electronics to the country, particularly in pharmaceuticals and medical apparatus. But NODX to EU continued to surge, growing by another 41.9% in May 2004 after a 23.6% expansion in April. Meanwhile, NODX to China and Hong Kong grew by 56.6% and 45.6% respectively in May. IE Singapore also said that Singapore's total trade in May grew 30.6% on-year, a slight increase as compared to last month's pace. Total trade amounted to S$47.516b. This robustness in growth was seen in all the key trade components. On a month-on-month basis, the level of total trade increased by 6.8% in May, posting a second month of consecutive growth. - CNA |
| (Post 11893 of 15224) 06/17/2004.22:47:09 |
| Author : |
I can tell by your eyes that you've prob'bly been cryin' forever,
and the stars in the sky don't mean nothin' to you, they're a mirror. I don't want to talk about it, how you broke my heart. If I stay here just a little bit longer, If I stay here, won't you listen to my heart, whoa, heart? |
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| (Post 11894 of 15224) 06/17/2004.23:08:27 |
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Tommorrow is the witches Flying test.
Mirror, mirror on the wall, Who will survive and pass the flying test among all ? Logout |
 |
| (Post 11895 of 15224) 06/18/2004.08:17:41 |
| Author : |
1600 today?!? |
| (Post 11896 of 15224) 06/18/2004.11:51:39 |
| Author : |
we are getting closer... |
| (Post 11897 of 15224) 06/18/2004.13:56:40 |
| Author : |
http://img48.photobucket.com/albums/v148/Sir_Psycho/top5.jpg
Whats this?! |
| (Post 11898 of 15224) 06/18/2004.23:14:30 |
| Author : |
gee thanks Legoz... erghhh.... |
| (Post 11899 of 15224) 06/18/2004.23:34:26 |
| Author : |
Legozzzzzzzzz  zzzzzzzzz one more gink like that ants (giant type) - can't get the pic as yet - GONNA ATTACK YOU
aNY WAY i AM DIVErsified - I make money either way - |
| (Post 11900 of 15224) 06/18/2004.23:37:54 |
| Author : |
Who  Palzone? |
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