Trading score: World Cup 1, stock market 0

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#1
Jonathan Kwok
The Straits TimesSunday,
Jul 06, 2014

Securities turnover - including shares and products like exchange-traded funds (ETF) and warrants - fell 37 per cent from a year ago to $20.5 billion. The turnover was also down 12 per cent from May.

Market watchers are blaming the action in Brazil for keeping investors away from share trading.

"Before the World Cup season kicked off, it was already expected that the volumes will fall," said remisier Alvin Yong. "Some stock traders can't wait for the World Cup to be over so the attention can return to the market.

" The final is not until Sunday, July 13, so there are still plenty of days of lacklustre trading to get through, going by last month's numbers.

An average of $978 million worth of securities changed hands every day last month, down 40 per cent from a year ago and 16 per cent lower than in May, said the SGX yesterday.

ETF turnover was down 57 per cent from last year to $2.3 billion.

The derivatives market did better, with 8.6 million contracts traded last month, down 20 per cent from last year. The drop was of a lower percentage than the fall in securities trading.

The derivatives turnover also represented a 6 per cent increase from May.

Total open interest as at end of last month was about 3.2 million contracts, close to the same volume as the year before. The volume for equity index futures was 7.4 million contracts, down 24 per cent from last year but a 6 per cent increase from May.

Said SGX in a statement: "China A50 futures continued to attract strong support from international market participants with close to 2.3 million contracts traded, a 32 per cent increase year-on-year and up 15 per cent month-on-month."

"SGX CNX Nifty futures totalled 1.6 million contracts, which is a 6 per cent increase year-on-year but down 13 per cent month-on-month," it added.

Commodities turnover grew with overall volumes - including both over-the-counter trades and futures - hitting a record high of 268,840 contracts, which is a 226 per cent increase from last year.

This article was first published on July 4, 2014.

http://business.asiaone.com/news/trading...k-market-0
Research, research and research - Please do your own due diligence (DYODD) before you invest - Any reliance on my analysis is SOLELY at your own risk.
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#2
I vividly remember 5(?) World Cup ago that the Palestinian conflict (when Arafat was still around) had an unofficial ceasefire because the fighters were watching World Cup. Newspaper headlines were splashing it.

What is stock market vs life and death.
Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give. –William A. Ward

Think Asset-Business-Structure (ABS)
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#3
(08-07-2014, 07:27 AM)specuvestor Wrote: What is stock market vs life and death.

specuvestor my dear,
it's about $$$
look at the crowd, some enjoy the sport.
most enjoy the bet.

STI will have to wait for its turn.

Heart


Earth day - save the world everyday.
感恩 26 April 2019 Straco AGM ppt  https://valuebuddies.com/thread-2915-pos...#pid152450
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#4
(08-07-2014, 10:25 AM)chialc88 Wrote:
(08-07-2014, 07:27 AM)specuvestor Wrote: What is stock market vs life and death.

specuvestor my dear,
it's about $$$
look at the crowd, some enjoy the sport.
most enjoy the bet.

STI will have to wait for its turn.

Heart


Earth day - save the world everyday.

The bets and turnover are much more lucrative than stocks.
Just left 4 more matches and its turn for stocks to pick up.
Enjoy!
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#5
(08-07-2014, 10:25 AM)chialc88 Wrote:
(08-07-2014, 07:27 AM)specuvestor Wrote: What is stock market vs life and death.

specuvestor my dear,
it's about $$$
look at the crowd, some enjoy the sport.
most enjoy the bet.

STI will have to wait for its turn.

Heart


Earth day - save the world everyday.

I have to agree with you...I enjoy watching the games, but a little bet will make it even more exciting Tongue
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#6
it's human nature to gamble!! just don't lose money!! Tongue
1) Try NOT to LOSE money!
2) Do NOT SELL in BEAR, BUY-BUY-BUY! invest in managements/companies that does the same!
3) CASH in hand is KING in BEAR! 
4) In BULL, SELL-SELL-SELL! 
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#7
(08-07-2014, 10:25 AM)chialc88 Wrote:
(08-07-2014, 07:27 AM)specuvestor Wrote: What is stock market vs life and death.

specuvestor my dear,
it's about $$$
look at the crowd, some enjoy the sport.
most enjoy the bet.

STI will have to wait for its turn.

Heart


Earth day - save the world everyday.

There is a lot of depth when Buffett suggest that we should discuss taxes on the shores of Normandy.

Summer holidays are here. Think the market will continue to lull upwards until August
Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give. –William A. Ward

Think Asset-Business-Structure (ABS)
Reply
#8
(08-07-2014, 11:44 PM)specuvestor Wrote:
(08-07-2014, 10:25 AM)chialc88 Wrote:
(08-07-2014, 07:27 AM)specuvestor Wrote: What is stock market vs life and death.

specuvestor my dear,
it's about $$$
look at the crowd, some enjoy the sport.
most enjoy the bet.

STI will have to wait for its turn.

Heart


Earth day - save the world everyday.

There is a lot of depth when Buffett suggest that we should discuss taxes on the shores of Normandy.

Summer holidays are here. Think the market will continue to lull upwards until August

If you havent look beyond SG, take a look at HK property, US Tech specific theme play and JP autos. SG has been dead the longest time and I believe it will continue to do so under they find a new helm in SGX, despite its value.. IMO, when you swim in a bigger pool you see alot more things than action in SG.

Just my 2 cents.
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#9
And so we have "lull upwards". Argentina has officially defaulted and summer holidays over.

Drive carefully mates

(08-07-2014, 11:44 PM)specuvestor Wrote: There is a lot of depth when Buffett suggest that we should discuss taxes on the shores of Normandy.

Summer holidays are here. Think the market will continue to lull upwards until August
Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give. –William A. Ward

Think Asset-Business-Structure (ABS)
Reply
#10
Timely reminder, with significant drop of US indexes last night...Big Grin

(31-07-2014, 11:43 AM)specuvestor Wrote: And so we have "lull upwards". Argentina has officially defaulted and summer holidays over.

Drive carefully mates

(08-07-2014, 11:44 PM)specuvestor Wrote: There is a lot of depth when Buffett suggest that we should discuss taxes on the shores of Normandy.

Summer holidays are here. Think the market will continue to lull upwards until August
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
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