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Broke even on our Additional Buyer Stamp Duty (ABSD)
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It has been close to 4 years since we purchased our second property. You
can read more about that here. We paid the 12% ABSD back then to keep our
HDB wh...
3 hours ago
Money rotting. Tan Ku Ku
ReplyDeleteAlways try to do a WB's Rule No.1 and Rule No. 2.
ReplyDeleteNever mind your capital lose a bit in value in terms of "Time Factor" (inflation).
What's most important is your capital still around to take advantage of the "Black Swan". Instead of your capital trap by the "Black Swan"
ReplyDeleteSINGAPORE: Singapore share prices climbed almost one percent to end at a near one-year high on Thursday.
The benchmark Straits Times Index (STI) rose 0.88% or 28.87 points to end at 3,300.71, its highest level in nearly a year, as bulls started returning to the markets after a rash of deal-making activity spurred investor appetite.
In the latest deal, a unit of Chinese e-commerce giant Alibaba Group Holdings said it will buy a minority stake in Singapore Post for S$312.5 million to help set up an international e-commerce logistics business.
Shares of SingPost soared as much as 12.9 percent to their record high of S$1.75 before retreating to close at S$1.68.
In the broader market, 2.05 billion shares worth S$1.43b changed hands. Gainers beat losers 282 to 165.
- CNA/ir
ReplyDeleteIT WAS probably early month- ending window-dressing which yesterday drove the Straits Times Index (STI) up 28.87 points or 0.88 per cent to 3,300.71.
The three banks were the main beneficiaries, particularly UOB, whose 50 cents rise to $22.55 added seven points to the STI. Other large index contributors were SingTel, Olam International and Jardine Cycle & Carriage.
Total volume done in index components amounted to $768.2 million, the highest since April 30, which was the last time the index enjoyed a similar window-dressing push. On that day a month ago, the biggest index gainer was also from the banking sector - DBS.
Yesterday's index volume was 55 per cent of the $1.4 billion done by the whole market. Penny churning made a bit of a comeback yesterday, with the whole market trading two billion units, only the second time this level was reached since April 25.