Article
Singapore Stock Market

Nallakaruppan.S


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 fees3 % 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 ReportsInternet 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, ServicesSesdaq   Manufacturing, Commerce, Constuction, Hotels/Restaurants,Services, AgricultureXtranet   Exchange Traded FundsBonds, 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 & ReturnStocks - Higher Risks & Return

 

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