Foreigners were generally beefing up their weighting in Asia. They were extremely underweight in Asia not too long ago and they are trying to get a neutral stance. |
It makes a lot of sense for them to sell a non-performing, non-core asset and switch into a regional or domestic bank. |
It was very, very quiet today. It was helped by overnight markets and neighboring markets. |
Overseas investors are still positive about Singapore. |
There was nothing really encouraging on the day. I would expect that with Europe opening down, that will continue in the U.S. and back into Asia. |