20Jul
sgx

Financial Sgx Singapore Stock Market Trading Picks And News – 20 July 2016

MARKET UPDATES :

  • The Straits Times Index (STI) ended 9.22 points or 0.31% lower to 2919.54, taking the year-to-date performance to +1.28%.
  • The top active stocks today were Singtel, which closed unchanged, DBS, which declined 0.37%, SPH, which declined 2.08%, OCBC Bank, which declined 0.78% and ThaiBev, with a 2.60% advance.
  • The FTSE ST Mid Cap Index declined 0.84%, while the FTSE ST Small Cap Index declined 0.46%.
  • The outperforming sectors today were represented by the FTSE ST Consumer Goods Index, which rose 0.88%. The two biggest stocks of the Index – Wilmar International and Thai Beverage – remained unchanged and +2.60% higher respectively.
  • The underperforming sector was the FTSE ST Technology Index, which slipped 3.38%. Silverlake Axis shares declined – 5.00% and CSE Global remained unchanged.
  • The three most active Exchange Traded Funds (ETFs) by value today were : STI ETF (-1.01%), SPDR Gold Shares (+0.45%), iShares USD Asia HY Bond ETF (-0.09%).
  • The three most active Real Estate Investment Trusts (REITs) by value were : Ascendas REIT (+0.40%), CapitaLand Commercial Trust (-0.63%), CapitaLand Mall Trust (-0.46%).
  • The most active index warrants by value today were : HSI23800UBeCW161229 (-3.16%), HSI22400UBeCW161028 (-5.36%), HSI20400MBePW160830 (+6.90%)
  • The most active stock warrants by value today were : DBS MB eCW161031 (-7.14%), OCBC Bk MBeCW170118 (unchanged), UOB MB eCW161130 (-5.88%).

STOCK RECOMMENDATION :

  • BUY GSH ABOVE 0.325 TGT 0.345 00.365 SL 0.305

For more information about SGX stock market please feel free to visit EPIC RESEARCH PTE LTD.

19Jul
sgx

Financial Sgx Singapore Stock Market Trading Picks And News – 19 July 2016

MARKET UPDATES :

  • The Straits Times Index (STI) ended 3.41 points or 0.12% higher to 2928.76, taking the year-to-date performance to +1.60%.
  • The top active stocks today were SingTel, which declined 0.94%, DBS, which gained 0.43%, SPH, which declined 5.41%, UOB, which gained 1.01% and OCBC Bank, with a 0.78% advance.
  • The FTSE ST Mid Cap Index gained 0.10%, while the FTSE ST Small Cap Index declined 0.08%.
  • The outperforming sectors today were represented by the FTSE ST Technology Index, which rose 1.86%. The two biggest stocks of the Index – Silverlake Axis and CSE Global – ended 2.56% higher and 1.08% lower respectively.
  • The under performing sector was the FTSE ST Consumer Services Index, which slipped 1.68%. ComfortDelGro Corp shares declined 3.65%and Singapore Press Holdings declined 5.41%..
  • The three most active Exchange Traded Funds (ETFs) by value today were:IS MSCI India 100 (-0.28%), STI ETF (+0.68%), DBXT MSCI Indonesia ETF 10 (+0.43%).
  • The three most active Real Estate Investment Trusts (REITs) by value were : CapitaCom Trust (+0.64%), CapitaMall Trust (+0.93%), Ascendas REIT (+1.64%).
  • The most active index warrants by value today were : HSI21800MBeCW160830 (-5.00%), HSI23800UBeCW161229 (+6.74%), HSI20400MBePW160830 (-10.77%)
  • The most active stock warrants by value today were : OCBC Bk MBeCW161004 (+7.41%), DBS MB eCW161031 (+5.38%), UOB MB ePW161003 (-8.60%).

STOCK RECOMMENDATION :

  • BUY 800 SUPER ABOVE 0.710 TGT 0.740 0.770 SL 0.675

For more information about SGX stock market please feel free to visit EPIC RESEARCH PTE LTD.

14Jul

Comex Trading Signals and Market News – 14 July 2016

INTERNATIONAL COMMODITY NEWS :

  • Aluminium futures were trading higher during the afternoon trade in the domestic market on Wednesday as speculators widened their bets amid increase in physical demand for aluminium in the domestic spot market after improving risk appetite on stronge US jobs data and hopes of more monetary stimulus from the central banks.
  • Copper futures jumped by more than 1.5 per cent during noon trade in the domestic market on Wednesday as investors and speculators booked fresh positions in the industrial metal as expectations of global economic stimulus and geographical uncertainty surrounding the South China Sea after an international tribunal’s ruling that China had no territorial claims to it boosted the demand for the raw material.
  • Silver futures rallied by more than 1 per cent during noon trade in the domestic market on Wednesday as investors and speculators booked fresh positions in the precious metal tracking a bullish trend in the overseas market amid speculation of increased policy losing across the globe in the wake of Brexit bolstering the lure for the bullion a hedge against the inflationary risk of monetary stimulus.

ECONOMY NEWS :

  • Sterling’s plunge since Britain voted to leave the European Union was the biggest in more than 40 years, but its boost to UK exports may well be far less than after similar tumbles in 1992 and 2008.A fragile world economy, more complex world supply chains and near-zero Bank of England interest rates mean Britain may be less able to take advantage of its more competitive exchange rate.
  • Brazil’s lower congressional house passed a plan late on Tuesday to allow workers to use part of their severance benefit as collateral for loans in a bid to rekindle demand for credit in the recession-stricken economy.The measure aims to unleash billions of reais in new so-called payroll deductible loans using severance from the FGTS compulsory savings program as a guarantee.
  • Britain’s economic prospects will improve after Brexit, the founder of pubs group JD Wetherspoon (L:JDW) said on Wednesday, lashing out at the “irresponsible doom-mongering” of politicians, banks and company bosses in the run up to the referendum.Tim Martin, who chairs the company, was a prominent campaigner for Britain to leave the European Union, appearing in television debates before the June 23 vote and distributing half a million beer mats challenging statistics used by the government.

TRADING STRATEGY :

  • BUY GOLD ABOVE 1344 TARGET 1349 1355 SL BELOW 1339
  • SELL GOLD BELOW 1336 TARGET 1331 1325 SL ABOVE 1341

For more information about Commodity market trading or Comex Signals, please visit EPIC RESEARCH PTE LTD.

14Jul

IForex Market Trading Signals and News – 14 July 2016

INTERNATIONAL CURRENCY BUZZ :

  • Forex – Dollar slips lower amid stimulus speculation
  • Forex -Sterling firm with eyes on new prime minister’s Brexit view
  • Forex – Aussie, kiwi move lower amid profit taking

EUR/USD
EUR/USD has posted small gains on Wednesday, as the pair continues to drift this week. The pair is trading at 1.1080. It’s another light day on the release front, as the markets look for economic cues for guidance. In the Eurozone, French Final CPI posted a small gain of 0.1 percent, close to the estimate. Eurozone Industrial Production posted a sharp drop of 1.2 percent, below expectations. In the US, today’s highlight is Crude Oil Inventories, with the estimate standing at -2.3 million barrels. On Thursday, the US will release two key events – PPI and Unemployment Claims.

GBP/USD
GBPUSD closed above 1.320 resistance yesterday and any dips could be supported above this level now. Establishing a base at 1.32 could see GBPUSD extend its gains towards 1.34 which marks a retest of the resistance level between 1.34 and 1.3420. The falling wedge shows a continuation to the upside with the main target at 1.3677 – 1.380. Extending the gains here could be seen as filling the gap as well as an establishing resistance at this level which could confirm renewed downside in the medium term.

RECOMMENDATION :

  • BUY GBP/USD ABOVE 1.3345 TGT 1.3365 1.3395 SL 1.3315
  • SELL GBP/USD BELOW 1.3525 TGT 1.3505 1.3475 SL 1.3555

For more information about Forex Signals and Market Updates, please visit EPIC RESEARCH PTE LTD.

14Jul
sgx

Financial Sgx Singapore Stock Market Trading Picks And News – 14 July 2016

MARKET UPDATES :

  • The Straits Times Index (STI) ended 8.83 points or 0.3% higher to 2910.65, taking the year-to-date performance to +0.97%.The top active stocks today were SingTel, which declined 1.16%, DBS, which gained 0.88%, ComfortDelGro, which gained 3.51%, UOB, which gained 0.54% and OCBC Bank, with a 0.34% advance.
  • The FTSE ST Mid Cap Index gained 0.18%, while the FTSE ST Small Cap Index rose 0.17%.
  • The outperforming sectors today were represented by the FTSE ST Real Estate Holding and Development Index, which rose 1.05%. The two biggest stocks of the Index – Hongkong Land Holdings and Global Logistic Properties – ended 0.82% higher and 0.27% lower respectively.
  • The underperforming sector was the FTSE ST Telecommunications Index, which slipped 1.02%. SingTel shares declined 1.16% and StarHub improved 0.26%.
  • The three most active Exchange Traded Funds (ETFs) by value today were : IS MSCI India 100 (+0.28%),SPDR Gold Shares (-1.04%),STI ETF (+0.34%)
  • The three most active Real Estate Investment Trusts (REITs) by value were : CapitaCom Trust (-0.65%),Ascendas REIT (-1.21%),CapitaMall Trust (-0.46%)
  • The most active index warrants by value today were : HSI23800UBeCW161229 (+18.46%),HSI21400MBeCW160728 (-8.00%),HSI20400MBePW160830 (-5.26%)
  • The most active stock warrants by value today were : DBS MB eCW161031 (+5.95%),OCBC Bk MBeCW161004 (+1.28%),DBS MB ePW161003 (-10.53%).

STOCK RECOMMENDATION :

  • BUY NOBLE AT 0.160 TARGET 0.170 0.180 SL 0.150

For more information about SGX stock market please feel free to visit EPIC RESEARCH PTE LTD.

13Jul

IForex Market Trading Signals and News – 13 July 2016

INTERNATIONAL CURRENCY BUZZ :

  • Forex – Yen hit by Japan stimulus hopes, sterling up 1%
  • Forex – Aussie, kiwi climb vs. greenback in late trade
  • Forex – Aussie gains in Asia as NAB survey shows business pickup

EUR/USD
EUR/USD is currently trading with a bullish bias. As previously forecasted, the pair continues to trade within the consolidation zone 1.1167-1.1034. As long as the pair trades within this consolidation, we expect to trade reversals within the range. A breakout above 1.1167 will lead to a possible bullish price movements towards 1.1267 while a breakout below 1.1034 will culminate into a possible bearish price rally towards 1.0935. This pair should be traded alongside GBP/USD, GBP/CHF, and EUR/JPY. These pairs have a strong positive correlation of up to +0.92 and will have a similar price action during this intraday.

GBP/USD
GBP/USD is currently trading with a bullish bias. The cable continues to retrace to the upper side, we expect the current upward rally to be a mere retracement and should not go beyond 1.3491. Thus, during this intraday, we anticipate a possible bullish price rally towards 1.3224 or even higher to 1.3491. This pair should be traded alongside EUR/USD, GBP/CHF, GBP/JPY, EUR/JPY and AUD/JPY. These pairs have a strong positive correlation of up to +0.96 and will have a similar price action during this intraday.

RECOMMENDATION :

  • BUY GBP/USD ABOVE 1.3180 TGT 1.3200 1.3230 SL 1.3150
  • SELL GBP/USD BELOW 1.3170 TGT 1.3150 1.3120 SL 1.3200

For more information about Forex Signals and Market Updates, please visit EPIC RESEARCH PTE LTD.

13Jul
sgx

Financial Sgx Singapore Stock Market Trading Picks And News – 13 July 2016

MARKET UPDATES :

  • The Straits Times Index (STI) ended 25.68 points or 0.89% higher to 2901.82, taking the year-to-date performance to +0.66%.The top active stocks today were SingTel, which gained 1.89%, DBS, which gained 0.38%, UOB, which gained 0.93%, Noble, which gained6.10% and OCBC Bank, with a 0.80% advance.
  • The FTSE ST Mid Cap Index gained 1.03%, while the FTSE ST Small Cap Index rose 0.52%.
  • The outperforming sectors today were represented by the FTSE ST Technology Index, which rose 2.92%. The two biggest stocks of the Index – Silverlake Axis and CSE Global – ended 3.60% higher and 2.22% higher respectively.
  • The underperforming sector was the FTSE ST Utilities Index, which slipped 0.21%. Keppel Infrastructure Trust shares declined 0.98% and SIIC Environment Holdings remained unchanged.
  • The three most active Exchange Traded Funds (ETFs) by value today were : IS MSCI India 100 (+0.85%),STI ETF (+0.69%),SPDR Gold Shares (-0.27%).
  • The three most active Real Estate Investment Trusts (REITs) by value were : Ascendas REIT (+1.64%),CapitaMall Trust (-0.46%),Suntec REIT (unchanged).
  • The most active index warrants by value today were : HSI20800MBePW160728 (-38.10%),HSI19400UBePW160929 (-13.83%),HSI23800UBeCW161229 (+12.07%).
  • The most active stock warrants by value today were : DBS MB eCW161031 (unchanged),OCBC Bk MBeCW161004 (+6.85%),DBS MB ePW161003 (-3.39%).

STOCK RECOMMENDATION :

  • BUY ALLIANCE MINERAL ABOVE 0.087 TGT 0.092 0.097 SL 0.083

For more information about SGX stock market please feel free to visit EPIC RESEARCH PTE LTD.

12Jul

Comex Trading Signals and Market News – 12 July 2016

INTERNATIONAL COMMODITY NEWS :

  • Gold prices inched up in European trade on Monday, hovering below a 28-month high amid speculation the Federal Reserve will remain cautious on interest rates despite last week’s strong jobs report.Gold for August delivery on the Comex division of the New York Mercantile Exchange tacked on $5.45, or 0.4% to trade at $1,363.85 a troy ounce by 06:50GMT, or 2:50AM ET.
  • Oil fell on Monday over signs that U.S. shale drillers have adapted to lower prices and on renewed indications of economic weakness in Asia where refiners are already trimming crude runs.Brent crude was trading at $46.26 per barrel at 0942 GMT (5.42 a.m. ET), down 50 cents from its last settlement.
  • Silver futures rallied during noon trade in the domestic market on Monday as investors and speculators booked fresh positions in the precious metal tracking a bullish trend in the overseas market amid speculation that the US Federal Reserve may not raise interest rates in the near-term despite Friday’s robust jobs data as it assesses rising global economic uncertainty in the aftermath of Brexit and awaits more signs of a pickup in the world’s biggest economy.

ECONOMY NEWS :

  • South Korea’s central bank is seen taking a breather on Thursday and keeping rates untouched after it cut them to a record low in June, but is expected to resume easing in coming months, a Reuters poll found on Tuesday. Twenty-eight of 29 analysts surveyed said the Bank of Korea would leave interest rates at 1.25 percent. One forecast a cut to 1.0 percent.
  • Italy’s economy will grow by less than one percent this year and only marginally faster in 2017, the International Monetary Fund said on Tuesday, cutting its previous forecasts as a result of Britain’s decision to leave the European Union. The outcome of last month’s referendum in Britain has heightened volatility on financial markets and increased downside risks for Italy, the Fund said in a report following its annual Article IV meetings with the Italian authorities.
  • The yen hovered near a one-week low against the dollar on Tuesday, in the wake of a weekend election victory by Japan’s ruling coalition that fanned expectations of more economic stimulus including possible monetary easing.Gains in equity markets and an improvement in risk sentiment also weighed on the safe-haven yen, which rallied after Britain’s vote to leave the European Union and adding to worries over global growth.

TRADING STRATEGY :

  • BUY GOLD AROUND 1352 TARGET 1356 1360 SL 1349.90
  • SELL GOLD AROUND 1360 TARGET 1356 1352 SL 1361.25

For more information about Commodity market trading or Comex Signals, please visit EPIC RESEARCH PTE LTD.

12Jul

IForex Market Trading Signals and News – 12 July 2016

INTERNATIONAL CURRENCY BUZZ :

  • Forex – Dollar up more than 1% against yen as Japan stocks rally
  • Forex – Aussie and kiwi move lower vs. stronger greenback
  • Forex – Yen eases further after parliament polls, Aussie recovers

EUR/USD
EUR/USD is currently trading with a bearish bias. The pair entered into a consolidation not going above 1.1167 or below 1.1034. During this intraday, we expect a possible bearish break below 1.1034 to go short with an ideal target at 1.094. The overall trend is bearish and a clear breakout below 1.1034 will confirm the anticipated bearish rally. This pair should be traded alongside EUR/JPY, and EUR/CHF. These pairs have a strong positive correlation of up to +0.95 and will have a similar price action during this intraday.

GBP/USD
GBP/USD is currently trading with a declining bullish bias. During the previous trading day on 8th July 2016, instead of going short a previously forecasted, the pair retraced to the upper side but is likely to continue short during this intaday. Thus, we expect a possible bearish price movements towards 1.245 or even below. Ideally, the anticipated downward rally should be the continuation of wave (c) and may end below 1.245. This pair should be traded alongside GBP/JPY, GBP/CHF, and USD/JPY. These pairs have a strong positive correlation of up to +0.96 and will have a similar price action during this intraday.

RECOMMENDATION :

  • BUY GBP/USD ABOVE 1.2980 TGT 1.3000 1.3020 SL 1.2950
  • SELL GBP/USD BELOW 1.2850 TGT 1.2870 1.2840 SL 1.2880

For more information about Forex Signals and Market Updates, please visit EPIC RESEARCH PTE LTD.

12Jul
sgx

Financial Sgx Singapore Stock Market Trading Picks And News – 12 July 2016

MARKET UPDATES :

  • The Straits Times Index (STI) ended 29.1 points or 1.02% higher to 2876.14, taking the year-to-date performance to -0.23%.The top active stocks today were SingTel, which gained 2.17%, DBS, which gained 0.57%, UOB, which gained 1.21%, Global Logistic, which gained 2.19% and OCBC Bank, with a 0.57% advance.
  • The FTSE ST Mid Cap Index gained 0.33%, while the FTSE ST Small Cap Index rose 0.31%.
  • The outperforming sectors today were represented by the FTSE ST Technology Index, which rose 2.27%. The two biggest stocks of the Index – Silverlake Axis and CSE Global – ended 2.78% higher and 1.12% higher respectively.
  • The underperforming sector was the FTSE ST Consumer Goods Index, which slipped 0.20%. Wilmar International shares remained unchangedand Thai Beverage declined 0.52%.
  • The three most active Exchange Traded Funds (ETFs) by value today were : SPDR Gold Shares (+0.15%),STI ETF (+1.39%),CIMB FTSE ASEAN40 100 (+0.12%)
  • The three most active Real Estate Investment Trusts (REITs) by value were : Ascendas REIT (-0.41%),CapitaMall Trust (+0.93%),Suntec REIT (+0.56%)
  • The most active index warrants by value today were : HSI21400MBeCW160728 (+29.73%),HSI21400MBeCW160929 (+19.61%),HSI20000MBePW160728 (-38.89%)
  • The most active stock warrants by value today were : DBS MB eCW161031 (+7.69%),OCBC Bk MBeCW161004 (+2.82%),UOB MB eCW161031 (+11.27%).

STOCK RECOMMENDATION :

  • BUY GMG GLOBAL ABOVE 0.590 TGT 0.620 0.660 SL 0.560

For more information about SGX stock market please feel free to visit EPIC RESEARCH PTE LTD.

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