Bi-Weekly Review on Strait Times Index (March 2019 - April 2019)

- Singapore Stocks start the week higher on this monday (April 1) with advancing 19.18 points points, or 0.6 per cent

- Markets are bullish but the volatility is higher for the past 2 weeks

- Market Catalyst affect several area : Australia, Japan, South Korea, China and Hong Kong

- Most active stocks for today (April 2): Thomson Medical, Hi-P , and Sembcorp Marine

- There is a huge certain amount of uncertainty due to geopolitical and growth outlook


The Most Important Factors to be Considered

- There is not much on global macro for past two weeks

- Market Catalyst mostly caused by high level trade negotiations between U.S. and China

- Manufacturing growth rise unexpectedly for these week during this march-april after hit a bottom before march

- On the other hand factory activity in Japan, South Korea, Malaysia and Taiwan continues to shrink, leading to bullish expectation on industrial index

- Most of emerging country still depends on China demand

- They also suffers from U.S.-China tariff war and Brexit uncertainty

- China should embrace financial risk in order to ameliorate asia supply chains

- Interest rates need to be more accomodative especially Indonesia and Thailand

- Purchasing Managers Index (PMI) expected to be continue to expand in this months

- Policymakers across Asia continue to look for a way together to stabilize growh (policy easing will be expected for several months ahead)

https://www.tradingview.com/x/qOHGbfw9/
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