11Jun
SGX

Financial Sgx Singapore Stock Market Trading Picks And News – 11th June 2014

MARKET UPDATES :

  • SINGAPORE’S YCH Group – Asia Pacific’s leading integrated logistics and end-to-end supply chain solutions partner – signed a Memorandum of Understanding (MOU) on Tuesday with China’s state-owned steel manufacturer, the Qingdao Iron & Steel Group Co Ltd, to jointly develop a state-of- the-art, 13.3-hectares supply chain facility in Qingdao’s Li Cang district.
  • SINGAPORE Airlines (SIA), will use the jumbo-sized Airbus A380 jet for flights to Beijing from Aug 1.The double-decker, 471-seat jet will replace two flights, which are now run using smaller aircraft. Beijing Capital International Airport will be served thrice daily. From August, the A380 will be deployed on SQ802, which departs from Singapore at 8.30am; the return flight SQ807 will leave Beijing at 4.35pm
  • PROPERTY developer SingHaiyi Group on Tuesday said it has on Monday established a S$500 million multicurrency debt issuance programme. Under the programme, SingHaiyi may, from time to time, issue in series or tranches,

STOCK RECOMMENDATION :

  • BUY STARHUB ABOVE 4.310 TG 4.360, 4.420, 4.500 SL 4.250

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