Global Stock Market Indices PE Ratio At a Glance (19 June 2016)

Market Indices PE Ratio for Major Stock Exchange globally

  • US: Dow Jones Industrial, S&P500, NASDAQ, Russell 2000
  • Europe: FTSE100, CAC40, DAX
  • Asia: KLCI, STI, HangSeng, ASX200, CSI 300, JCI, SET, KOSPI, NIKKEI 225, SENSEX, TWSE, NZX50, PSEi
  • Best Performer: India’s SENSEX up for 5.23% with PE Ratio of 20.10
  • Valuation of Global Stock Market is NOT cheap base on PE Ratio
  •  PE  = Price Per Earning

See May 2016 Global Stock Market PE Ratio here.

Global Stock Market PE Ratio Summary June19-2016

Shiller SNP500 PE Ratio June19-2016Shiller SNP500 PE Ratio Percentile

The cyclically adjusted price-to-earnings ratio, commonly known as CAPE,[1] Shiller P/E, or P/E 10 ratio,[2] is a valuation measure usually applied to the US S&P 500 equity market. It is defined as price divided by the average of ten years of earnings (moving average), adjusted for inflation.[3] As such, it is principally used to assess likely future returns from equities over timescales of 10 to 20 years, with higher than average CAPE values implying lower than average long-term annual average returns. It is not intended as an indicator of impending market crashes, although high CAPE values have been associated with such events.[4]

USO: Trading in an Up Trend Channel

USO continues its up trend in an uptrend channel. The US Oil ETF recently rebounded from the 61.8% Fibonacci Retracement level after showing a Bullish Kicker reversal candlestick. Current USO price at $11.66 is just above the 200D SMA of $11.65.

USO June 19-2016

  • Immediate resistance at $12.47
  • Immediate support at about $11.13 followed by $10.52
  • 20/40EMA, 20/50 SMA all trending up
  • Expect golden cross 50D/200D in next few trading days if USO stays above $11.13 support.

See previous USO chart and technical analysis here.

Frasers Logistics & Industrial Trust IPO Listing Balloting Result

Frasers Centrepoint Logistics and Industrial Trust Logo

OFFERING IN RESPECT OF 521,749,000 UNITS (“UNITS”) REPRESENTING UNDIVIDED INTERESTS IN FRASERS LOGISTICS & INDUSTRIAL TRUST (“FLT”) FOR SUBSCRIPTION AT THE OFFERING PRICE OF S$0.89 PER UNIT COMPRISING:

I. AN INTERNATIONAL PLACEMENT OF 441,749,000 UNITS TO INVESTORS, INCLUDING INSTITUTIONAL AND OTHER INVESTORS IN SINGAPORE (THE “PLACEMENT TRANCHE”), OF WHICH 5,617,000 UNITS ARE RESERVED FOR SUBSCRIPTION BY THE DIRECTORS, MANAGEMENT, EMPLOYEES AND BUSINESS ASSOCIATES OF FRASERS CENTREPOINT LIMITED (THE “SPONSOR”) AND FRASERS LOGISTICS & INDUSTRIAL ASSET MANAGEMENT PTE. LTD. (THE “REIT MANAGER”) AND PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF FLT (THE “RESERVED UNITS”); AND

II. AN OFFERING OF 80,000,000 UNITS TO THE PUBLIC IN SINGAPORE (THE “PUBLIC OFFER”), SUBJECT TO THE OVER-ALLOTMENT OPTION OF UP TO 28,503,000 UNITS (THE “OVERALLOTMENT OPTION”).

Frasers Centrepoint Logistics and Industrial Trust IPO Balloting Result1 Frasers Centrepoint Logistics and Industrial Trust IPO Balloting Result2 Frasers Centrepoint Logistics and Industrial Trust IPO Balloting Result3 Frasers Centrepoint Logistics and Industrial Trust IPO Balloting Result4

Please see the official announcement of the Frasers Logistics & Industrial Trust IPO Listing Balloting Result here.

NEWS RELEASE

Frasers Logistics & Industrial Trust IPO Prospectus