PROFILE:
| Overview of The Singapore Stock
Market
By Nallakaruppan.S |
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| 1. History | |||||||||
| Formally started on 21 March 1960, 10 Stockbroking firms from S'pore & 7 from | |||||||||
| Malaysia | |||||||||
| In 1973 S'pore & Malaysian Stock Exchanges split | |||||||||
| Currently 27 Stockbrokers & 28 Derivative Trading Members | |||||||||
| 2. Trading Hours | |||||||||
| Morning : 8.30 a.m. to 12.30 p.m. | |||||||||
| Afternoon : 2.00 p.m to 5.05 p.m. | |||||||||
| 3. Trading System | |||||||||
| Shares traded on a scripless basis | |||||||||
| Highest Buyer's Price & Lowest Seller's Price will be matched | |||||||||
| Ready , Odd-Lot & Buy-In Markets | |||||||||
| 4. Instruments Traded on the Stockmarket | |||||||||
| Shares | |||||||||
| Warrants | |||||||||
| Bonds / Loanstocks | |||||||||
| Exchange Traded Funds | |||||||||
| Single Stock Futures | |||||||||
| Index Futures | |||||||||
| 5. Transaction Costs | |||||||||
| Varies from Broker to Broker but generally as follows : | |||||||||
| 0.5 % Brokerage fees for trades below S$ 50,000 (Lower fees for higher amounts) | |||||||||
| 0.05 % Clearing fees | |||||||||
| 3 % GST on Brokerage & Clearing Fees | |||||||||
| 6. Investment Methods | |||||||||
| Dealer | |||||||||
| Remisier | |||||||||
| Internet Trading : Some Internet Trading Sites : www.dbsvickers.com, | |||||||||
| www.uobkayhian.com | |||||||||
| 7. Sources of Information | |||||||||
| Singapore Exchange Journal "Pulses" - S$ 5 cost, Monthly Issue | |||||||||
| Shares Investment Facts & Figures - S$ 6 cost, Bi-Monthly Issue | |||||||||
| The Straits Times, Business Times, Annual Reports | |||||||||
| Internet Websites - www.shareinvestor.com , www.wallstraits.com, | |||||||||
| www.commerceasia.com | |||||||||
| 8. Companies Traded on the Market | |||||||||
| Mainboard | |||||||||
| Multi Industry, Manufacturing, Commerce, Transport/Storage/Communications, | |||||||||
| Finance, Construction, Property, Hotels/Restaurants, Services | |||||||||
| Sesdaq | |||||||||
| Manufacturing, Commerce, Constuction, Hotels/Restaurants,Services, Agriculture | |||||||||
| Xtranet | |||||||||
| Exchange Traded Funds | |||||||||
| Bonds, Loanstocks & Warrants | |||||||||
| 9. Modes of Payment | |||||||||
| Cash - Shares will be held in your Central Depository A/C | |||||||||
| CPF - Shares will be held in your Investment Bank Account | |||||||||
| 10. Settlement Period | |||||||||
| Purchases & Sales : Trade Day + 3 Days | |||||||||
| Contra : Within 4 Market Days | |||||||||
| 11. Market Barometer | |||||||||
| Straits Times Index - component of 45 stocks, 10 December 2002 closed @ | |||||||||
| 1,367 points. | |||||||||
| 12.Stock Picking | |||||||||
| Fundamental Analysis | |||||||||
| Earnings Per Share - Group Net Profit After Tax / Number of Shares Issued | |||||||||
| Price Earnings Ratio - Market Price / Earnings Per Share | |||||||||
| Net Book Value- Net Tangible Assets of the Company / Number of Shares Issued | |||||||||
| Gross Dividend Yield - Gross Dividend / Market Price of Share | |||||||||
| Technical Analysis | |||||||||
| Charts - Bar Chart, Line Chart, Candle Stick etc. | |||||||||
| Moving Averages, MACD Indicators, RSI Index etc. | |||||||||
| 13. Investment Suggestions | |||||||||
| Invest within your means | |||||||||
| Don't Invest more than you can afford to lose | |||||||||
| 14. Happy Investing | |||||||||
| Fixed Deposits - Low Risk & Low Return | |||||||||
| Bonds & Unit Trusts - Medium Risk & Return | |||||||||
| Stocks - Higher Risks & Return | |||||||||