Ahead of the elections we should touch 2,500 (on the index). |
If this region is not safe, funds will flee these markets and go to Singapore, which is seen as a safe haven. |
It was disappointing, especially the corporate tax. |
Singapore's property market hasn't recovered compared to other cities in this region. We are way behind in the recovery cycle for property. |
The bank shares have gone up ahead of their earnings results, and the government-linked stocks are higher ahead of the budget. |
The index can't seem to break the 2,450-point level. Gains are getting smaller and people take profits when they can, without holding their positions for too long. |
The index had crossed its 2,500 resistance quite easily (recently) and is bound to retrace as easily. |