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19-06-2015, 07:30 PM
(19-06-2015, 05:59 PM)greengiraffe Wrote:(19-06-2015, 05:41 PM)cfa Wrote:(19-06-2015, 05:37 PM)greengiraffe Wrote:(19-06-2015, 05:29 PM)cfa Wrote:(19-06-2015, 05:09 PM)greengiraffe Wrote: In case if you guys are wondering on some of the weird movements on SGX especially at closing today, it is attributed to FTSE rebalancing.
City Dev is the obvious one:
http://www.businesstimes.com.sg/companie...picks=true
Boustead is another victim and FCL may possibly be one of them as well...
GG ,
Some counters are not related to FTSE also have weird movements , what is the reason ? Thanks for sharing .
Maybe we are unaware that they are part of FTSE components... FTSE has broad classifications not just FTSE - STI...
City was removed from some global real estate indices...
Because Someone dumped almost 2m shares of St****** last minutes at 0.55 ???
could well be man...
Guocoland was a beneficiary... HPL big loser alongside with OUE...
Unfortunately don't have comprehensive lists ahead of time and hence impact is more significant.
City Dev's mark down already happened on the day post announcement.
Trading Vested
City Dev