Singapore Stock Market
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
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2. Trading Hours
Morning : 8.30 a.m. to 12.30 p.m.
Afternoon : 2.00 p.m to 5.05 p.m.
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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
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4. Instruments Traded on the Stockmarket
Shares
Warrants
Bonds / Loanstocks
Exchange Traded Funds
Single Stock Futures
Index Futures
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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 fees3 % GST on Brokerage & Clearing Fees
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6. Investment Methods
Dealer
Remisier
Internet Trading : Some Internet Trading Sites : www.dbsvickers.com,
www.uobkayhian.com
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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 ReportsInternet Websites - www.shareinvestor.com , www.wallstraits.com, www.commerceasia.com
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8. Companies Traded on the Market
Mainboard Multi Industry, Manufacturing, Commerce, Transport/Storage/Communications, Finance, Construction, Property, Hotels/Restaurants, ServicesSesdaq Manufacturing, Commerce, Constuction, Hotels/Restaurants,Services, AgricultureXtranet Exchange Traded FundsBonds, Loanstocks & Warrants
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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
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10. Settlement Period
Purchases & Sales : Trade Day + 3 Days
Contra : Within 4 Market Days
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11. Market Barometer
Straits Times Index - component of 45 stocks, 10 December 2002 closed @1,367 points.
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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.
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13. Investment Suggestions
Invest within your means
Don't Invest more than you can afford to lose
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14. Happy Investing
Fixed Deposits - Low Risk & Low Return
Bonds & Unit Trusts - Medium Risk & ReturnStocks - Higher Risks & Return |