I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!


Click to email CW8888 or Email ID : jacobng1@gmail.com



Welcome to Ministry of Wealth!

This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

Think Investing as Tug of War - Read more? Click and scroll down



Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Friday 26 April 2013

Singapore's STI ends at new 5-year high









 






























SINGAPORE - Singapore shares continued to climb on Friday, rising to a fresh five-year closing high.

The blue-chip Straits Times Index (STI) ended up 11.16 points at 3,348.87 -- its highest close since January 7, 2008. It added 1.7% for the week.

In the broader market, 2.18 billion shares valued at S$1.44 billion changed hands.

Gainers beat losers 269 to 165.

Among the losers, Olam ended off 0.3% at S$1.665 after initially trading up as much as 3.0% on the release of its strategic review saying it will slow its investment pace and reduce loans -- addressing some concerns raised by short seller Muddy Waters in a report.

CapitaLand rose 2.0% to S$3.65 ahead of its earnings release. After the market closed, it announced first-quarter net profit rose 41% on year to S$188.2 million. 

No comments:

Post a Comment

Related Posts with Thumbnails