Singapore Stock Scan
US Fed Rate Hike
The Sibor, Singapore interbank offered rate is typically highly correlated with US interest rates.
Given current lacking in vitality for business and consumer spending, higher interest rates could further dampen spending and weigh on companies’ investment plans.
In addition, higher US interest rates also raise chance for capital outflows.
After a two days meeting in New York, the Fed has finally approve the rate hike. Although the hike has been expected for months.
The Straits Times Index Down 23.29 Points on December 15
Singapore Stock Benchmark, The Straits Times Index, December 15, 2016, ^STI open at 2938.15 points and closed 2930.77 points.
December 15, 2016 One-day Singapore Stock MACD Scan Results
The following are script generated One-day Singapore Stock Market MACD signals using the Powerful AmiBroker’s AFL.
Very interesting, only ONE stock has bullish signal. What is bearish market.
Note NOT all scan results are shown here. Here only filter those stocks closed between 5 and 50 dollars, with 500,000 stocks changing hands.
December 15, 2016 One-day Singapore Stock MACD Scan
Moses Stock Scan
AmiBrokerAcademy
December 16, 2016
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