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Thursday, February 6, 2014

New year, new low in STI

Happy New Year to all !!!Wishing everyone a prosperous year ahead in the year of horse !!!
Hope that everyone had an enjoyable break after all the Lunar New Year visiting and irresistible indulgence in new year goodies.

However in the stock market, this year's festive season hasn't been all good as the STI hits its new 52 week low at 2,953. Kudos to those who bought during the recent down correction saga. While the market is still feeling the effects of the US money tapering and the battered currency in the emerging markets, the Dow gained an astounding 188.3 points yesterday, expecting the upcoming US job report to be favourable.

As for me , I bought 2 lots of Keppel Corp at 10.21, hoping to make some coffee money in this current volatile market. On a side note, PCRT will be posting their results soon.

So stay tuned for more updates !!
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