SGX Stock Market

24Nov
sgx 24 nov

Financial Sgx Singapore Stock Market Trading Picks And News – 24 November 2014

MARKET UPDATES :

  • SINGAPORE share prices opened higher on Friday with the Straits Times Index up 20.62 points to 3,336.22. Volume was 38.8 million shares worth S$65.8 million. Gainers outnumbered losers 89 to 33.
  • SINGAPORE shares ended higher on Friday with the Straits Times Index gaining 29.72 points to 3,345.32. Some 1.16 billion shares, valued at S$1.09 billion were traded. Gainers numbered 268 while losers numbered 151.
  • THE global economy – which Singapore now relies on more heavily to support growth given domestic restructuring’s drag – has been handed a negative report card in a week heavy with economic data: Japan fell unexpectedly into recession, the eurozone’s recovery stalled and China’s
  • China cut its benchmark interest rates for the first time in more than two years on Friday to lower borrowing costs and lift a cooling economy that is on track for its slackest annual growth in 24 years. The People’s Bank of China said it was cutting one-year benchmark lending rates by 40 basis points to 5.6 per cent.
  • Britain’s anti-European Union UK Independence Party (UKIP) won its second seat in parliament on Friday, in a by-election that could signal upheaval in a general election in six months’ time. Mark Reckless was re- elected to parliament with 42 per cent of the vote, after defecting in September from Prime Minister David Cameron’s Conservative Party to UKIP, which wants strict quotas on immigration.
  • The lower chamber of Japan’s parliament was dissolved Friday in readiness for a general election, expected next month, as Prime Minister Shinzo Abe seeks to consolidate his grip on power and reinvigorate his economic drive.
  • THE Singapore market appears fully priced at 13.5 times forward earnings, close to one standard deviation above its seven-year average, said brokerage Maybank Kim Eng Research in a recent report. Meanwhile, earnings are estimated to grow 9 per cent in 2015 and 2016.
  • SINGAPORE is ranked only 16th in the world when it comes to talent competitiveness, due to its imbalance in optimising homegrown talent and attracting those from overseas. According to IMD’s latest annual World Talent Report, this disparity has pushed Singapore out of the top 10 rankings . It placed 17th last year – a far cry from its 2nd position in 2008, and its 10th position in 2005 (when the rankings were first compiled).
  • EXACTLY a year and a fortnight ago, this column noted the possibilities of investors returning to Chinese stocks as its top leadership met for its Third Plenum. At the meeting, a “decisive role” for markets was called for.

STOCK RECOMMENDATION :

  • BUY CAPITALAND ABOVE 3.280 TARGET 3.340 3.400 SL 3.210

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

21Nov
sgx 21 nov

Financial Sgx Singapore Stock Market Trading Picks And News – 21 November 2014

MARKET UPDATES :

  • SINGAPORE share prices opened higher on Thursday with the Straits Times Index up 1.96 points to 3,336.52. Volume was 57.4 million shares worth S$66.1 million. Losers outnumbered gainers 53 to 42.
  • SINGAPORE shares ended 0.57 per cent lower on Thursday with the Straits Times Index slipping 18.96 points to 3,315.60. Some 1.12 billion shares, valued at S$1.04 billion were traded. Gainers numbered 147 while losers numbered 263.
  • SINGAPORE has kept its status as the best place to do business, topping the Economist Intelligence Unit’s (EIU) business environment ranking. Singapore secured its number one position due to its efficient, open economy that works hard to maintain its competitiveness as a regional hub for global businesses, EIU said. Despite stagnation in the eurozone, key economies such as Denmark and Germany continue to provide a stable environment to do business.
  • SINGAPORE’S domestic wholesale trade dropped 5.7 per cent in the third quarter of 2014 compared to a year ago, the Department of Statistics Singapore said on Thursday. The fall was largely due to the general wholesale trade industry, which recorded the largest decrease of 22.7 per cent in domestic sales.
  • Growth in China’s immense factory sector stalled in November, with output contracting for the first time in six months, a private survey showed on Thursday, adding to signs that the world’s second-largest economy may still be losing traction. The flash HSBC/Markit manufacturing purchasing managers’ index (PMI) fell to a six-month low of 50.0 from a final reading of 50.4 in October and well below the 50.3 reading forecast by analysts.
  • THE co-founder and deputy chairman of Straits Times Index component Global Logistic Properties (GLP), Jeffrey Schwartz, has died on Nov 19, 2014. He was aged 55, according to the company’s website. The logistics property company announced his death in a press release on Thursday morning.
  • SINGAPORE ranks among the top countries in the world – and the best in the Asia-Pacific region – when it comes to having clear and comprehensive corporate governance (CG) requirements, says a new study. The report by ACCA and KPMG, titled Bridging Rules and Flexibility, studied CG requirements in 25 countries. Perhaps expectedly, it ranked the United Kingdom and the United States as first and second in the world, ahead of Singapore
  • The European Central Bank is set to embark this week on a scheme to buy the kind of rebundled debt that sparked the global economic crash. With sparse investor interest its efforts could fall short. Asset backed securities (ABS), reparcelled debt that mixes high-risk loans with safer credit, gained notoriety when rebundled home loans in the United States unravelled to spark financial turmoil.

STOCK RECOMMENDATION :

  • BUY SMRT CORP AT ABOVE 1.650 TARGET 1.6200 1.6260 S 1.090

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

20Nov
sgx 20 nov

Financial Sgx Singapore Stock Market Trading Picks And News – 20 November 2014

MARKET UPDATES :

  • SINGAPORE shares ended higher on Wednesday with the Straits Times Index gaining 20.83 points to 3,334.56. Some 1.32 billion shares, valued at S$1.1 billion were traded. Gainers numbered 237 while losers numbered 170.
  • China will increase the flexibility of a rule that requires banks to lend no more than 75 per cent of their deposits, the cabinet said on Wednesday after a weekly meeting. The government will also remove a requirement for Chinese companies to be profitable for a prolonged period of time before they list on stock markets,
  • KEPPEL Infrastructure Trust (KIT) and CitySpring Infrastructure Trust are poised to create the largest Singapore infrastructure-focused business trust listed on the Singapore Exchange, following the combination of the two trusts, and the acquisition of a stake in Keppel Merlimau
  • Foreign buyers used only 20 per cent of their 13 billion yuan (S$2.76 billion) daily quota of Shanghai stocks on Wednesday as demand for mainland shares cooled noticeably two days after a scheme connecting the Hong Kong and Shanghai markets debuted. Trading was sedate on Wednesday compared with Monday, when the full daily investment quota for Shanghai stocks was quickly taken up as international investors scrambled to get into mainland markets.
  • TEN debt collection companies here have formed the industry’s first professional organization, the Credit Collection Association of Singapore (CCAS), a media statement said on Wednesday. Individuals can seek mediation and file complaints with CCAS over encounters with member companies. The association will also develop a code of conduct for its members.
  • LEASING volumes continued to improve across Asia Pacific in the third quarter, driven by the technology sector, according to a JLL report released on Wednesday.
  • “During Q3, new leasing activity grew by 10 per cent year-on-year, with India and mainland China accounting for two-thirds of the regional total. In many of the more active markets, the technology sector and associated IT-enabled services are driving demand for space,” it said, citing cities such as Manila and Mumbai as two examples.
  • DBS Group unveiled on Wednesday its new S$25 million regional brand campaign, celebrating the bank’s role in the history and development of Singapore which turns 50 next year. The new brand campaign will be launched in Singapore later this week and then unveiled in Hong Kong, China, India, Indonesia and Taiwan early next year. A slew of innovative marketing initiatives large and small will be rolled out, building up to Singapore’s 50th celebrations next year.

STOCK RECOMMENDATION :

  • BUY SIA ENGR ABOVE 4.160 TGT 4.190 . 4.240 SL 4.110

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

19Nov
sgx 19 nov

Financial Sgx Singapore Stock Market Trading Picks And News – 19 November 2014

MARKET UPDATES :

  • SINGAPORE share prices opened higher on Tuesday with the Straits Times Index up 16.63 points to 3,305.3. Volume was 59.9 million shares worth S$45.4 million. Gainers outnumbered losers 70 to 41.
  • SINGAPORE shares ended higher on Tuesday with the Straits Times Index gaining 25.06 points to 3,313.73. Some 1.28 billion shares, valued at S$1.01 billion were traded. Gainers numbered 235 while losers numbered 181.
  • Prime Minister Shinzo Abe told his party on Tuesday he was calling a snap election and delaying a sales tax rise after figures showed Japan was in a recession. Less than two years after he swept to power pledging to reinvigorate the flagging economy, Mr Abe will go to the polls – probably in the middle of next month – telling voters that more needs to be done to fix years of growth-sapping price declines.
  • KEPPEL Infrastructure Trust (KIT) has agreed to two separate transactions to create the largest Singapore infrastructure-focused business trust listed on the Singapore Exchange. The first transaction is the acquisition of a 51 per cent stake in Keppel Merlimau Cogen Pte Ltd which owns the Keppel Merlimau Cogen Plant, a 1,300 MW combined cycle gas turbine generation facility on Jurong Island, Singapore.
  • Investors largely ignored the link-up between the Hong Kong and Shanghai stock exchanges Tuesday, a day after it launched to much fanfare and hopes of billions of dollars in daily cross-border transactions. Officials have trumpeted the Shanghai-Hong Kong Stock Connect as opening up China’s closeted stock markets to the outside world and giving mainlanders a chance to enter the lucrative Hong Kong exchange.
  • TRANS-CAB Holdings’ initial public offering (IPO) plans have skidded to a halt, with the company having received new information pertaining to its insurance premium. In a statement on Monday night, the company said it was previously unaware of an additional insurance
  • THE much-anticipated “through train” stock link between the Shanghai and Hong Kong markets took off smoothly on Monday with strong investor demand for China A-shares but weaker mainland demand for Hong Kong stocks. By 2pm on Monday, so-called “northbound” investors buying Chinese A-Shares have already snapped up the entire 13 billion yuan (S$2.75 billion) daily quota for share purchases. New buy orders were thus suspended for the rest of the day.
  • China’s home prices fell in October by the most since 2011, Reuters calculations show, in spite of government support measures to try to end a national downturn that threatens to stifle economic growth.

STOCK RECOMMENDATION :

  • BUY CITY DEVELOPMENT Ltd ABOVE 9.82 TGT 9.87 ,9.94 SL 9.73

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

18Nov
sgx 18 nov

Financial Sgx Singapore Stock Market Trading Picks And News – 18 November 2014

MARKET UPDATES :

  • SINGAPORE shares ended 0.81 per cent lower on Monday with the Straits Times Index slipping 27.00 points to 3,288.67. Some 1.23 billion shares, valued at S$1.03 billion were traded. Gainers numbered 152 while losers numbered 318.
  • SINGAPORE share prices opened lower on Monday with the Straits Times Index down 4.82 points to 3,310.85. Volume was 78.3 million shares worth S$83.5 million. Gainers outnumbered losers 72 to 62.
  • A landmark trading link that is expected to see billions of dollars in trades between Hong Kong and Shanghai’s stock exchanges officially launched on Monday, but early figures show mainlanders holding back from piling into Hong Kong. At the opening ceremony Charles Li, chief executive of Hong Kong’s stock exchange, declared the tie-up a “historic” moment and hailed a “new era” of trade, while chairman Chow Chung Kong said it was a “breakthrough in the opening up of China’s financial market”.
  • BUSINESS leaders in South-east Asia believe that the Asean Economic Community (AEC) presents an opportunity for their business but less than a fifth of them have made plans and changes in anticipation of the common market that is targeted to be realised by the end of next year.
  • CREDIT trends for Asia-Pacific’s shipping, airlines, and logistics companies are expected to remain stable over the next year, although an underperforming Chinese economy or a major change in the country’s economic policy could hit demand, according to Standard & Poor’s (S&P) Ratings Services.The outlook comes on the back of rising demand, easing fuel prices and prudent financial policy, which should offset industry headwinds such as stiff competition and overcapacity.
  • Japan’s economy unexpectedly shrank an annualised 1.6 per cent in July-September after a severe contraction in the previous quarter, likely solidifying the view that premier Shinzo Abe will delay a second sales tax hike next year. The preliminary figure for gross domestic product (GDP) compared with a 2.1 per cent increase forecast by economists in a Reuters poll.
  • DEVELOPERS sold 765 private homes in October, up from 648 units in September but still below the 1,105 units they moved in October 2013. These figures exclude executive condos (ECs). The data was released on Monday by Urban Redevelopment Authority based on monthly sales data submissions from developers.
  • NON-OIL domestic exports last month were a tad higher than in September but they dipped 1.5% from a year ago. And the outlook doesn’t look good, with leading indicator – non-oil retained imports of intermediate goods – falling from the previous month.

STOCK RECOMMENDATION :

  • BUY JARDINE STRATEGIC HOLDINGS ABOVE 34.85 TGT 35.05 , 35.30 SL 34.55

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

17Nov
sgx 17 nov

Financial Sgx Singapore Stock Market Trading Picks And News – 17 November 2014

MARKET UPDATES :

  • SINGAPORE shares ended higher on Friday with the Straits Times Index gaining 10.74 points to 3,315.67. Some 1.52 billion shares, valued at S$1.05 billion were traded. Gainers numbered 191 while losers numbered 239.
  • SINGAPORE share prices opened higher on Friday with the Straits Times Index up 8.04 points to 3,312.97. Volume was 42.7 million shares worth S$73.7 million. Losers outnumbered gainers 59 to 58.
  • RETAIL investors in Singapore can start trading in China’s A-share market next Monday through the Shanghai-Hong Kong Stock Connect programme, some brokerages here told The Business Times. The brokerages gearing up are DBS Vickers, Phillip Securities, Maybank Kim Eng
  • IN preparation for a potential spike in demand for yuan, Hong Kong has decided to lift a daily cap on the amount of Chinese yuan residents can convert from next Monday – which is also when the city’s new stock trading link with Shanghai will start.
  • WHEN the Shanghai and Hong Kong stock exchanges “connect” on Monday, it will open multibillion- dollar channels for investors to play both markets, but some Chinese punters say it looks more like a bad trade. Overseas investment houses are salivating at the prospect of greater
  • THE coming trading link between the Hong Kong and Shanghai bourses has triggered much speculation about the competitive pressure that it could create for the Singapore stock market. Until the link has been up and running for a while, any predictions on that front are pure speculation. But
  • THE offshore renminbi (RMB) bond market looks set to hit a new record this year, with an estimated total of more than RMB550 billion (S$105 billion) of issuance. The 2013 figure of RMB385 billion was itself a record. The development of this market is seen as a cornerstone of Beijing’s
  • OPPORTUNITIES could emerge for Singapore from the proposal to revive the maritime Silk Road, given the Republic’s role as a major transportation, logistics and maritime hub, Prime Minister Lee Hsien Loong has said in Beijing, where he is attending the Apec Summit. In an interview with Beijing Satellite TV on Monday, he said: “If we can deepen our cooperation with neighbouring countries, and in particular, strengthen trade and investment between China and its neighbours through the maritime Silk Road initiative, we hope a part of the services can be provided through Singapore’s sea port and airport network.”
  • SINGAPORE and China are entering the next phase of bilateral cooperation as they look to celebrate 25 years of their bilateral ties next year and work on a third government-to-government project. Meeting Prime Minister Lee Hsien Loong on the sidelines of the annual Apec

STOCK RECOMMENDATION :

  • BUY HONGKONG LAND HOLDINGS ABOVE 7.07 TGT 7.09 ,7.12 SL 7.05

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

14Nov
sgx 14 nov

Financial Sgx Singapore Stock Market Trading Picks And News – 14 November 2014

MARKET UPDATES :

  • SINGAPORE shares ended higher on Thursday with the Straits Times Index gaining 21.22 points to 3,304.93. Some 1.5 billion shares, valued at S$1.22 billion were traded. Gainers numbered 220 while losers numbered 195.
  • Indonesia’s central bank kept its key interest rate steady on Thursday despite slowing growth, ahead of an expected fuel price hike by the new government that will likely push up inflation. Bank Indonesia kept the rate at 7.50 per cent for the 12th consecutive month, in line with economists’ forecasts.Growth in Southeast Asia’s top economy has been slowing from recent highs of more than six per cent, dropping to 5.01 per cent on-year in the third quarter, the weakest pace of expansion for five years.
  • Indonesia’s current account deficit in the third quarter narrowed to 3.07 per cent of gross domestic product compared with 4.27 per cent in the second quarter and 3.9 per cent in July-September 2013, Bank Indonesia’s governor said on Thursday.Between June and November last year, Bank Indonesia raised its benchmark interest rate 175 basis points to shrink the then- ballooning current account deficit. The tightening has contributed to a slowdown in this year’s economic growth rate.
  • Regulators fined six major banks a total of US$4.3 billion for failing to stop traders from trying to manipulate the foreign exchange market, following a yearlong global investigation. HSBC Holdings Plc, Royal Bank of Scotland Group Plc , JPMorgan Chase & Co, Citigroup Inc, UBS AG and Bank of America Corp all faced penalties resulting from the inquiry, which has put the largely unregulated US$5-trillion-a- day market on a tighter leash, accelerated the push to automate trading and ensnared the Bank of England.
  • Standard Chartered said it intends to keep a “prudent buffer” over minimum capital requirements and said it is well placed to meet proposed higher rules to hold more debt that can absorb losses. Standard Chartered said it had loss absorbing capacity of 20 per cent or more which was also “in the right place” in slides released on Thursday after a 3-day investor trip in Hong Kong. Global regulators are proposing banks hold total loss absorbing capital of at least 16-20 per cent.
  • SATS Ltd posted a 3.3 per cent decrease in net profit to S$47.1 million for the second quarter ended Sept 30, 2014, after the market closed on Thursday.Revenue for the same period stood at S$442.2 million, inching down 2.2 per cent from the same period a year ago.

STOCK RECOMMENDATION :

  • BUY CAPITALAND ABOVE 3.24 TGT 3.26 , 3.29 , SL 3.22

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

13Nov
sgx 13 nov

Financial Sgx Singapore Stock Market Trading Picks And News – 13 November 2014

MARKET UPDATES :

  • SINGAPORE shares ended 0.26 per cent lower on Wednesday with the Straits Times Index slipping 8.44 points to 3,283.71. Some 99.9 million shares, valued at S$1.02 billion were traded. Gainers numbered 195 while losers numbered 219.
  • SINGAPORE share prices opened flat on Wednesday with the Straits Times Index up 0.63 points to 3,292.78 in early trade. Volume was 78.4 million shares worth S$108.5 million. Gainers outnumbered losers 91 to 65.
  • THE OW Bunker fraud case that hit Singapore’s bunkering industry last week may not have caused major disruptions to fuel supply in ports here, but the financial fallout may yet unsettle the industry as companies start making their credit claims. Already, at least two oil traders are said to be filing legal claims.
  • A JOINT venture formed by companies linked to China’s state-owned conglomerate Citic Group and American private equity firm KKR has made an offer to acquire at least a majority stake in Singapore- listed United Envirotech Ltd (UEL) at S$1.65 a share.
  • THIS year’s Apec Summit in Beijing has delivered major outcomes, in particular a road map towards a trade liberalization framework called the Free Trade Area of the Asia Pacific (FTAAP) and a connectivity blueprint that provides the prerequisite for regional economic integration,
  • ASEAN must double its productivity growth to make the most of globalization, urbanization and digital technology to lift its growth to a new level, said a study issued on the eve of the meeting of the leaders of the economic grouping here. The study, released on Tuesday by the McKinsey Global Institute and titled “South-east Asia at the Crossroads: Three Paths to Prosperity”, noted that economic development in the 10-member grouping has so far been backed largely by an expanding labour force, in particular, the shift of workers from agriculture to industry.
  • PRIVATE rental prices continued to fall in October, marking the ninth consecutive monthly decline in rental prices as rents dipped 0.9 per cent month on month, according to SRX Property. Prices have decreased 5.1 per cent since January, SRX said in its flash report on the Non-landed Private Residential Price Index for Rentals. Meanwhile, rents were down 5.3 per cent year on year in October.
  • STANDARD Chartered Bank has no plans to close any branches in Singapore, The Business Times understands, as the UK-based bank targets to shutter up to 100 branches or 8 per cent of its network to improve profits.

STOCK RECOMMENDATION :

  • SELL CAPITALAND LTD BELOW 3.14 TGT3.3.12 ,3.09 SL 3.16

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

12Nov
sgx 12 nov 14

Financial Sgx Singapore Stock Market Trading Picks And News – 12 November 2014

MARKET UPDATES :

  • SINGAPORE shares ended 0.27 per cent lower on Tuesday with the Straits Times Index slipping 8.85 points to 3,292.15. Some 1.15 billion shares, valued at S$989.1 million were traded. Gainers numbered 150 while losers numbered 242.
  • SINGAPORE’S public accountants and public accounting firms will soon have to adhere to stricter professional conduct and ethics guidelines aimed at greater audit independence. The Accounting and Corporate Regulatory Authority (Acra), the industry’s regulator, announced on Monday that the Code of Professional Conduct and Ethics (Code) for public accountants and accounting entities will be strengthened further from Feb 1, 2015.
  • SINGAPORE banks are expected to step up their foreign currency bond sales to fund increasing intra- regional expansion. This comes as Asean banks step up bond issuances overall, as loans growth outpace deposit inflows, said Moody’s Investors Service in a report on Monday. Banks in Singapore and Malaysia have increasing foreign-currency funding requirements arising from their active pursuit of intra-regional expansion, added Moody’s.
  • THE Inland Revenue Authority of Singapore (IRAS) will be extending e-filing to all companies, regardless of annual revenue, from next year. This means that larger companies that file the Corporate Income Tax Form (Form C) will be able to do so online, which will cut compliance costs as well as raise productivity and efficiency, IRAS highlighted.
  • A creditor of bankrupt OW Bunker is preparing a lawsuit in Singapore seeking to reclaim its money, court documents showed, as the fallout from the collapse of the world’s largest marine fuel supplier begins to ripple through the sector. In a separate case, court documents showed a second ship fuel company, Vanguard Energy Pte Ltd, filed for bankruptcy in the city state on Oct. 29, a week before OW Bunker said it had been driven to insolvency by suspected fraud at its Singapore trading unit.
  • Singapore’s Maritime and Port Authority (MPA) said on Tuesday that it expects minimal disruption to supplies of bunker shipping fuel in the country’s port following the bankruptcy of Denmark’s OW Bunker. “There are currently more than 60 bunker suppliers in Singapore, and OW Bunker Far East (Singapore) Pte Ltd accounted for less than three per cent of the 42.6 million metric tonnes supplied in Singapore in 2013,” the MPA said in a statement.
  • CONSUMER confidence in Singapore climbed to its highest levels in three years, driven by an optimism in future job prospects and a positive outlook on personal finances. According to the latest Consumer Confidence Index by Nielsen, consumer confidence levels in Singapore

STOCK RECOMMENDATION :

  • SELL UNITED OVERSEAS BANK BELOW 23.00 TGT 22.85, 22.55 SL 23.20

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

11Nov
sgx 11 nov 14

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

MARKET UPDATES :

  • SINGAPORE shares ended higher on Monday with the Straits Times Index gaining 14.61 points to 3,301.00. Some 1.39 billion shares, valued at S$1.03 billion were traded. Gainers and losers tied at 214.
  • SINGAPORE share prices opened higher on Monday with the Straits Times Index up 20.17 points to 3,306.56. Volume was 282.9 million shares worth S$182.8 million. Gainers outnumbered losers 139 to 64.
  • THE Code of Professional Conduct and Ethics for public accountants and accounting entities will be strengthened further from Feb 1 next year. The proposed amendments have been accepted by the  Ministry of Finance. The current Code is based on the International Ethics Standards Board for Accountants (IESBA)’s 2006 Code of Ethics, with some modifications and additional provisions for Singapore’s public accountants, said the Accounting and Corporate Regulatory Authority (Acra).
  • NEW research says it may be cheaper to rent than to buy a home in Singapore, if residential property prices here continue their current moribund trend. But does this necessarily mean homebuyers here are better off switching to this option? And is property now necessarily the
  • China’s inflation came in at 1.6 per cent in October, unchanged from the previous months, the government said Monday. The consumer price index (CPI) figures released by the National Bureau of Statistics (NBS) remained at the lowest point since January 2010. cent annual target set by the government in March.
  • Singapore’s two glitzy casinos are fighting for a shrinking pool of high rolling players as China’s corruption crackdown and economic slowdown reduce the number of VIPs at their tables, and the battle is starting to turn ugly. Gaming mogul Sheldon Adelson, whose Las Vegas Sands (LVS.N) runs the Marina Bay Sands resort, has accused rival Genting Singapore’s (GENS.SI) Resorts World Sentosa of relying on overly generous incentives and credit to entice big money players.
  • THE private residential leasing market has grown steadily weaker from the previous year in most districts of Singapore, with unpopular suburban locations the hardest hit.And no reprieve is in sight as latest Q3 figures show non-landed private home rentals sliding another
  • SINGAPORE and China are entering the next phase of bilateral cooperation as they look to celebrate 25 years of their bilateral ties next year and work on a third government-to-government project. Meeting Prime Minister Lee Hsien Loong on the sidelines of the annual Apec

STOCK RECOMMENDATION :

  • SELL NOBLE GROUP BELOW 1.250 TG 1.240 , 1.225 SL 1.265

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

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