Singapore shares open marginally higher on Monday

SINGAPORE shares opened marginally higher on Monday, despite downward pressures seen during the opening of other Asian markets along with crude futures.

At 9.01am, the Straits Times Index was up 1.45 points at 2,845.47.

Some 168.9 million shares worth S$51.5 million changed hands. Losers outpaced gainers 53 to 49.Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg

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Ex-BSI Asia CEO Brunner settles Singapore bonus suit with bank

Hanspeter Brunner, BSI SA's former Asia chief who was referred to Swiss and Singapore regulators over the bank's ties with a Malaysian state firm, has settled a lawsuit seeking deferred payments, according to the bank's lawyer.

Mr Brunner's lawsuit alleged that BSI's Singapore unit breached bonus agreements and a separation pact without any legal basis. Mr Brunner, 64, was among six BSI bankers referred by Singapore's central bank to prosecutors over lapses in dealing with 1Malaysia Development Bhd (1MDB).

He's also one of two former BSI executives the Swiss financial regulator has started proceedings against. Mr Brunner's retirement was announced in March.

"Hanspeter Brunner has withdrawn his claim against the bank in its entirety," Muralli Rajaram, a Singapore-based lawyer for BSI, said Thursday by phone, confirming the settlement.Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg

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Singaporesharesopen 0.43% higher on Friday

SINGAPORE share prices opened higher on Friday, with the Straits Times Index up 12.22 points or 0.43 per cent to 2,882.04 as at 9.01am, after Wall Street hit record highs overnight.

Top gainers in early-morning trade included #Jardine Cycle & Carriage, #Pan Ocean and Singapore O&G.

A total of 63.9 million shares worth S$58.7 million changed hands. Gainers outnumbered losers 101 to 39.
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Singaporesharesopen lower on Thursday

SINGAPOREshareprices opened 0.59 per cent lower on Thursday with the Straits Times Index down 17.1 points to 2,858.47 at 9.04am.
This followed US markets, which analysts say were hit by profit-taking after US stocks reached new records over the last three sessions.
The

DowJonesIndustrial Average lost 0.2 per cent to 18,495.66. The broad-based S&P 500 fell 0.3 per cent to 2,175.49, while the tech-rich Nasdaq Composite Index shed 0.4 per cent to 5,204.58.
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Singaporesharesopen higher on Wednesday

SINGAPORE share prices opened 0.46 per cent higher on Wednesday with the Straits Times Index up 13.08 points to 2,883.86 at 9.03am.

This was despite Tokyo stocks opening lower on Wednesday as a stronger yen hit exporters. But on Wall Street, the Nasdaq composite rose to a record-high close on Tuesday while other major indices hovered near their own recent all-time highs in a session with thin trading volume.

On the Singapore bourse, the highest value traded stocks were Singapore Telecommunications (flat at S$4.20), DBS Bank (down 10 cents to S$14.94) and #JardineMatheson Holdings (down 17 US cents to US$57.59).

Overall on the stock market, 57.1 million shares worth S$137 million changed hands. Gainers outnumbered losers 99 to 33 as at 9.03am.
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Singapore shares open lower on Thursday; STI sheds 0.7%

SINGAPORE shares opened lower on Thursday, with the Straits Times Index (STI) shedding 0.7 per cent or 20.48 points to 2,921.01 as at 9.03am.

Losers outnumbered gainers 83 to 42, or about two to one, after 98.9 million shares worth S$67.9 million had changed hands.


Offshore contractor Vallianz Holdings was an early mover, dropping 44.4 per cent or 1.6 Singapore cents to trade at two Singapore cents on the back of 13.6 million traded shares. The company announced late on Wednesday that non-executive chairman Raymond Goh had resigned for health reasons. Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg

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SINGAPORE MARKET CLOSING UPDATE OF 27th JULY'2016

Singaporeshares close 0.3 per cent up




Singapore equities ended 0.3 per cent higher on Wednesday, with the Straits Times Index gaining 8.05 points to 2,941.49.




Volume was relatively weak, though. About 991.1 million shares worth S$818.5 million in total changed hands, which worked out to an average unit price of S$0.83 per share.




The most actively traded counter was Annica Holdings, which was flat at S$0.001 with 252.5 million shares changing hands. Other actives included CNMC Goldmine and Noble Group.




Gainers outnumbered losers 212 to 182, or about seven up for every six down.
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FTSE‬ Value-Stocks ASEAN strongest of the FTSE Value-Stocks Indices in 1H16

The FTSE Value-Stocks ASEAN Index was the strongest performer of the six Asia focused FTSE Value-Stocks Indices in the first half of 2016 with an 8.2% gain compared to an average decline of 13.0% for the five FTSE Value-Stocks Indices covering China, Hong Kong, Japan, Korea and Taiwan.
Singapore maintains 12 constituents within the FTSE Value-Stocks ASEAN Index. These 12 stocks made up 31.3% of the Index weights as of the end of June. These 12 stocks also averaged a 4.8% total return in the year through to the end of last week, taking their average five-year total return to 31.3%.
Relative to their capitalisation size, the most actively traded of the 12 stocks over the past three months have been Ascendas REIT, Keppel Corporation and Yangzijiang Shipbuilding Holdings. Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg

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OCBC cuts target price for SIA Engineering

OCBC Investment Research has cut its target price for SIA Engineering (SIA Engg) on the firm's weak core earnings. It lowered the company's fair value from S$3.70 to S$3.63, but kept its "hold" rating on the stock.

SIA Engg shares fell five cents or 1.3 per cent to S$3.70 as at 11.40am on Wednesday. The stock is also trading on an ex-dividend basis.

The group said on Tuesday its net profit rose from S$41.3 million in the first quarter last year to S$198.4 million in Q1 2016.

But this was boosted by a S$141.6 million gain from the divestment of its 10 per cent stake in Hong Kong Aero Engine Services (HAESL) to Rolls-Royce Overseas Holdings and Hong Kong Aircraft Engineering Company.

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SGX opening update shares open 0.1% up on Friday

SINGAPORE shares opened 0.1 per cent higher on Friday, with the Straits Times Index advancing 2.47 points to 2,540.75 as at 9am.

The blue-chip index inched up after US Federal Reserve chair Janet Yellen said she was not taking negative rates off the table.

About 27 million shares worth S$47.6 million changed hands, which worked out to an average unit price of S$1.76 per share.Click Here To Register For Free
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Forex Market Update : Epic Research Singapore

The dollar USDJPY, -0.10%  traded flat at 118.60 yen, compared with ¥119.25 late Tuesday in New York. The euro EURUSD, +0.14%  traded at $1.1397, compared with $1.1403.

Meanwhile, the British pound GBPUSD, +0.08%  traded higher against the dollar, building on momentum from the rate-setting U.K. Monetary Policy Committee’s unanimous vote to leave the central bank’s benchmark interest rate at 0.5% and its bond-buying program unchanged.

The pound GBPUSD, +0.08%  was last at $1.5455, just below its highest level since the beginning of 2015, compared with $1.536 before the meeting.

The ICE U.S. Dollar Index, DXY, -0.09%  , a measure of the dollar’s strength against a trade-weighted basket of six major currencies, was up 0.07% to 94.1190.

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