2Jun
SGX2

Financial Sgx Singapore Stock Market Trading Picks And News – 02nd June 2014

MARKET UPDATES :
  • FRASERS Centrepoint Asset Management Ltd (FCAM), the manager of Frasers Centrepoint Trust (FCT), has privately placed 88 million new units at S$1.835 per unit, raising gross proceeds of about S$161.5 million.The issue price represents a 2.5 per cent discount to FCT’s adjusted volume weighted average price of S$1.882 per unit for trades done on May 29, 2014
  • PACIFIC Andes Resources Development said its indirect subsidiary, Quality Food (Singapore), has on Thursday agreed to sell 26.5 million shares in Tassal Group Limited for A$96.73 million. This translates to about A$3.65 a share.After the sale, Quality Food’s stake in Tassal will be reduced by 18.09 per cent to 4.64 per cent. As a result, Tassal will no longer be an associated company
  • BANK lending growth was flat in April for both business and consumer loans, compared to a month ago, preliminary data from the Monetary Authority of Singapore showed on Friday.
STOCK RECOMMENDATION :
  • BUY Oversea-Chinese Banking Corp. Limited ABOVE 9.750 TG 9.850, 9.950, 10.100 SL 9.650

Fore more information about SGX stock market please feel free to visit EPIC RESEARCH PRIVATE LIMITED.

Share this Story

About epicsingapore

Leave a Reply

Your email address will not be published. Required fields are marked *

*

© Copyright 2013, All Rights Reserved, Epic Research Pvt. Ltd.