SGX Stock Recommendations : Epic Research Singapore

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.

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