Post on 03-Mar-2016
description
22nd August
Y O U R M I N T V I S O R Y
Page 1
Trades in Singaporean equities and other securities such as
warrants and trusts must be a minimum of 1,000 units, with
any outstanding volume traded on a specially-designated ‘unit
share market’ that trades orders between one and 999 units.
SGX plans to reduce the minimum first to 100 units, then to one
unit. According to the consultation, published yesterday, the
need to trade in minimum increments, or ‘board lots’, of 1,000
shares can exclude retail investors from participating in certain
stocks, such as blue chips.
U.S. bond yields retreat from 2-year peaks; Wall Street
recovers.
Indonesia near year-low; Thai stocks drop 2% . SEMBCORP MARINE LTD: The National Shipping Company of Saudi Arabia (Bahri) has signed a memorandum of understanding with Saudi Aramco and Singapore's Sembcorp Marine to conduct a feasibility study for a maritime yard project in the kingdom of Saudi Arabia. EZION HOLDINGS LTD: Oilfield service firm Ezion Holdings has issued S$60 million of notes due 2018 with an annual interest rate of 4.60 percent, under its S$500 million multicurrency debt program. The proceeds will be used for general corporate purposes.
TOP GAINERS & LOSERS
TOP GAINER % Change
Global Logistic Prop... +1.88%
Jardine Cycle & Carr... +1.25%
Jardine Strategic Ho... +1.09%
Jardine Matheson Hol... +0.75%
Hutchison Port Holdi... +0.68%
SIA Engineering Co L... +0.43%
Sembcorp Industries ... +0.41%
Hongkong Land Holdin... +0.15%
Singapore Airlines L... 0.00%
Golden Agri-Resource... -0.96%
TOP LOSER % Change
Thai Beverage PCL -5.66%
ComfortDelGro Corp L... -3.18%
Noble Group Ltd -2.98%
Olam International L... -1.84%
CapitaMalls Asia Ltd -1.54%
Genting Singapore PL... -1.46%
Oversea-Chinese Bank... -1.45%
Singapore Telecommun... -1.08%
CapitaMall Trust -1.03%
Singapore Technologi... -0.99%
Snapshot for Straits Times Index STI (FSSTI)
Open 3,158.42
Previous Close 3,173.33
Year To Date
1-Year
Day Range
52-Week Range 2,931.60 - 3,464.79
Straits Times Index (STI)
22nd August
Y O U R M I N T V I S O R Y
Page 2
STOCK RECOMMENDATION
BUY JARDINE MATHESON ABOVE 54.200 TG 54.500, 54.900, 55.400 SL 53.850.
Disclaimer
The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not
accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits
them the most.
Sincere efforts have been made to present the right investment perspective. The information contained herein is based on
analysis and up on sources that we consider reliable.
This material is for personal information and based upon it & takes no responsibility
The information given herein should be treated as only factor, while making investment decision. The report does not
provide individually tailor-made investment advice. Epic research recommends that investors independently evaluate
particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Epic research shall
not be responsible for any transaction conducted based on the information given in this report, which is in violation of rules
and regulations of NSE and BSE.
The share price projections shown are not necessarily indicative of future price performance. The information herein,
together with all estimates and forecasts, can change without notice. Analyst or any person related to epic research might be
holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at
his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyone
can be held responsible for . Any surfing and reading of the information is the acceptance of this disclaimer. All Rights
Reserved.
Investment in equity & bullion market has its own risks.
We, however, do not vouch for the accuracy or the completeness thereof. We are not responsible for any loss incurred
whatsoever for any financial profits or loss which may arise from the recommendations above epic research does not purport
to be an invitation or an offer to buy or sell any financial instrument. Our
Clients (Paid or Unpaid), any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any
Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal
Actions can be taken.
Give us a missed call at +6531581402 Visit us @ www.epicresearch.sg