31.   Local brokerages are optimistic foreign investors may be attracted to the country after the government recently eased capital controls.

32.   Shoaib Memon, an analyst at local brokerage Indosuez W.I. Carr, described the move as positive.

33.   The prime indicator was adrift without any direction, encouraging traders to hold back, said a local brokerage trader.

34.   The other analyst at the local brokerage said he expected the stock market to react to this news.

35.   The Securities and Futures Commission is understood to have lobbied local brokerages to seek cash injections from major shareholders and other sources to ensure their solvency.

36.   This opens the way for mutual funds in Singapore to distribute their products through local brokerage houses.

37.   With the KLSE probing into the affairs of local brokerage houses, the bearish sentiments persisted throughout the month.

38.   Foreign investors will also have to open foreign exchange and won currency accounts at a local bank and a securities investment account at a local brokerage.

39.   A analyst at a local brokerage said the increase in substandard loan reserve requirements would have a negative impact on finance company earnings for the next few years.

40.   A dealer with a local brokerage said the market drifted lower during the day due to profit-taking but selling was not severe.