Seoul: Won edges up ahead of US August non-farm payrolls report

The South Korean won inched up early on Friday in cautious trade ahead of the much-awaited August US non-farm payrolls report later in the day - which could give a clearer view on a potential Fed rate hike.

The won was quoted at 1,119.1 as of 0155 GMT, up 0.3 per cent compared with Thursday's close of 1,122.1.

News that a gauge of US national factory activity fell in August for the first time in six months added to the tentative mood.

"The dollar weakened broadly on the weak factory data but cautious investor environment is keeping the won from extending gains," said Jeong My-young, a foreign exchange analyst at Samsung Futures.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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Hot stock: Telcos fall on potential entry of 4th operator

SINGAPORE'S telcos fell on Friday after three firms formally submitted their bids to take part in an airwaves auction that could lead to the nation's fourth telco.

By 9.15am, Singtel was down seven cents to S$3.90 or 1.8 per cent; StarHub was down 15 cents to S$3.48, or 4.1 per cent; M1 was down 16 cents to S$2.50, or 6 per cent.

All three were among the top 10 stocks by value traded.

The contenders are newly formed company airYotta Pte Ltd; fibre broadband services provider MyRepublic; and TPG Telecom, a provider of telco services in Australia.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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Malaysia: Shares open higher

MALAYSIA share prices opened higher on Friday with the FTSE Bursa Malaysia Kuala Lumpur Composite Index up 4.050 points to 1674.600.

Volume was 19.81 million lots worth RM8.65 million.

Gainers outnumbered glosers 73 to 32.

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Taiwan: Stocks dip to over one-week low; financial shares drop

Taiwan stocks fell on Thursday, tracking declines in overseas markets, with selling led by heavyweights in the financial sector.

Shares in Mega Financial Holding Co Ltd, which closed down for nine in 10 trading sessions, slipped 1.9 per cent early in the trade, following its chairman's resignation on Wednesday.

Shiu Kuang Si resigned from all his positions at the Taiwanese financial firm after its banking unit was fined last month for breach of anti-money laundering regulations in New York.

As of 0225 GMT, the main Taiex index dropped as much as 0.9 per cent to 8,980.21, to hit the lowest since August 22. The bourse closed down 0.5 per cent in the previous session.

The electronics subindex lost 0.5 per cent, while the financials subindex sank 1.1 per cent.

The Taiwan dollar firmed NT$0.013 to T$31.713 per US dollar.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 shares open 0.1% up on Thursday

SINGAPORE stocks opened 0.1 per cent higher on Thursday, with the Straits Times Index advancing 2.11 points to 2,822.7 as at 9.01am.

Markets are in wait-and-see mode ahead of US jobs data to be released on Friday night, Asia time.

In Singapore, about 50.7 million shares worth S$90.4 million in total changed hands, which worked out to an average unit price of S$1.78. The field was evenly matched, with as many gainers as losers at 53 each.

The most actively traded counter was Noble, which fell S$0.002 to S$0.117 with 5.8 million shares changing hands.

Other actives included Golden Agri-Resources and Charisma Energy.

Top stocks by value traded were Singtel, DBS, Jardine Matheson, Keppel Corp and OCBC.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 shares open 0.2% down on Wednesday

SINGAPORE stocks opened 0.2 per cent lower on Wednesday, with the Straits Times Index losing 5.1 points to 2,823.29 as at 9am.

This came after US stocks fell the night before and the dollar rose amid rate hike worries.

About 50.8 million shares worth S$106.3 million in total changed hands, which worked out to an average unit price of S$2.09 per share.

Gainers outnumbered losers 53 to 47, or about nine up for every eight down.

The most actively traded counter was Noble Group.

Top five stocks by value traded were Singtel, UOB, DBS, OCBC and ComfortDelGro.

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Tokyo: Shares edge lower as soft data offsets weak yen

Tokyo shares ended slightly lower on Tuesday as tepid data and profit-taking from the previous day's sharp jump offset a weaker yen.

The benchmark Nikkei 225 index slipped 0.07 per cent, or 12.13 points, to close at 16,725.36, while the broader Topix index of all first-section shares ticked down 0.03 per cent, or 0.43 point, to 1,312.81.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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Australia shares bounce on Wall Street, financials lead; NZ stocks up

Australian shares bounced on Tuesday, supported by overnight strength on Wall Street and upbeat US consumer spending data, with gains in the financial sector leading the way.

The S&P/ASX 200 index rose 28.2 points, or 0.5 per cent, to 5497.6 by 0245 GMT, after hitting its lowest in over a month in the previous session due to concerns of a near-term US interest rate hike.

But strong US consumer spending, which accounts for more than two-thirds of US economic activity, lifted the mood.

Investors are now turning their attention to US payroll data later on Friday to gauge if the Federal Reserve might be in a position to raise rates before year-end.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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Asia: Most markets slump, Tokyo soars on US rate talk

Japanese stocks rallied on a weaker yen but other Asian markets retreated Monday after Federal Reserve chief Janet Yellen hinted at a US interest rate hike by the end of the year.

In a much-anticipated speech Friday Yellen said a pick-up in the world's top economy and an improvement in the jobs market meant "the case for an increase in the federal funds rate has strengthened in recent months".

While there is speculation rates could rise as early as next month, most experts had said that is unlikely and that December or February would be safer bets.

Yellen did not give a timeframe during her speech at the annual Jackson Hole symposium of global central bankers, but Fed vice chairman Stanley Fischer later said September was a possibility.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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Hong Kong, Shanghai: Stocks open down after Yellen rate hike hint

Shares fell in the first few minutes of trade in Hong Kong Monday after Federal Reserve boss Janet Yellen suggested US interest rates could be lifted before the end of the year.

The Hang Seng Index slipped 0.16 per cent, or 36.28 points, to 22,873.26.

And the benchmark Shanghai Composite Index edged down 0.06 per cent, or 1.85 points, to 3,068.46, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, slipped 0.07 per cent, or 1.41 points, to 2,021.68.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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Taiwan: Stocks fall on weaker overseas markets, technical selling in TSMC

Taiwan stocks fell on Monday tracking weakness in overseas markets and on technical selling in heavyweight chipmaker TSMC.

Most Asian shares slipped in early trade on Monday after Federal Reserve Chair Janet Yellen indicated a possible rate hike in the US later this year.

As of 0244 GMT, the main TAIEX index fell 0.7 per cent to 9,070.84, after closing up 0.2 per cent in the previous session.

The electronics subindex fell 0.7 per cent, but the financials subindex gained 0.1 per cent.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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Seoul: Won, stocks fall on growing chance of Fed rate hike soon

The South Korean won plunged more than 1 per cent against the dollar early on Monday after Janet Yellen's comments on Friday raised the chance the Federal Reserve may raise US interest rates soon, and even twice, by year-end.

The won was quoted at 1,124.1 as of 0214 GMT, down 0.9 per cent from the previous close of 1,113.7. It reached as low as 1,128.5, a one-week intraday low.

Ms Yellen suggested that the US economy has strengthened enough for a rate hike while Fed's No 2 policymaker Stanley Fischer hinted on more than one policy tightening before year end.

"The US August job report due this coming Friday will be closely watched by investors for whether a rate hike as early as next month will actually be possible," said Park Sung-woo, a foreign exchange analyst at NH Futures.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 shares open 0.4% down on Monday

SINGAPORE stocks opened 0.4 per cent lower on Monday, with the Straits Times Index shedding 10.95 points to 2,846.7 as at 9am.

The blue-chip index was dented by indications from Fed officials that a rate hike is on the way this year.

About 36.3 million shares worth S$37.3 million in total changed hands, which worked out to an average unit price of S$1.03 per share.

Top stocks by value traded included Jardine Matheson, Keppel, Singtel, OCBC and DBS.

Losers outnumbered gainers 73 to 49, or about three down for every two up.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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US dollar dips as dealers hope for US rate policy clues

The US dollar dipped Friday as dealers focus on a speech by Federal Reserve boss Janet Yellen later in the day they hope will supply fresh clues about the central bank's outlook for the US economy and monetary policy plans.

Markets hope Ms Yellen will provide some guidance in her remarks to the annual global bankers' symposium in Jackson Hole, Wyoming later Friday.

Her speech comes as leading central banks have proven unable to convincingly reverse a broad economic slump, despite years of ultra low borrowing costs and stimulus.

Divergent views from Fed officials in recent weeks have kept markets guessing about the bank's intentions.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 shares open flat on Friday ahead of Fed chief's speech

SINGAPORE shares opened flat on Friday ahead of a speech by US Federal Reserve chair Janet Yellen, with the Straits Times Index gaining just 0.08 points to 2,877.01 as at 9.04am.

Gainers matched losers 57 to 53 after 37.2 million shares worth S$48.6 million changed hands.

Land transport company ComfortDelGro Corporation was among the top actives, trading unchanged at S$2.82 after 2.7 million shares changed hands.

Industrial conglomerate Keppel Corporation was also flat at S$5.39 with 1.6 million shares traded.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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Seoul: Stocks flat on foreign selling, won edges up

South Korean shares were flat early on Thursday, dampened by foreign investors trimming their portfolios ahead of US Federal Reserve Chair Janet Yellen's speech this week that could signal an interest rate hike in September.

The Korea Composite Stock Price Index (Kospi) was little changed at 2,045.16 points as of 0210 GMT.

"Offshore investors are mainly dumping electricity and electronics shares, especially Samsung Electronics' stock which has pulled up the Kospi recently," said Kim Ye-eun, a stock analyst at LIG Investment & Securities.

Ms Yellen is due to speak at the global central bankers' meeting in Jackson Hole, Wyoming, on Friday, and markets are focused on what she will say about US monetary policy.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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New Silkroutes responds to SGX trading query

NEW Silkroutes Group said on Tuesday it is not aware of any information not previously announced that triggered the unusual movements in its shares.

In response to Singapore Exchange's (SGX) query earlier in the day, the group said that in the interest of providing full disclosure to the public and after exploring possible explanations for the trading, it intends to release the announcement of its full-year financial results after trading hours on Tuesday.

There will also be a media release on the group's oil and gas unit's performance before trading hours on Wednesday.

"Further to the above and as previously disclosed in the announcement released on Aug 5, 2016, in response to SGX's query regarding its trading activity, the company constantly reviews options and explores opportunities to enhance shareholders' value as part of the group's strategy."

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SGX issues trading queries to Magnus Energy, New Silkroutes

SINGAPORE Exchange (SGX) on Tuesday issued trading queries to two listed companies, Magnus Energy and New Silkroutes Group, for "unusual movements" in their counters.

The movements in Magnus Energy's shares prompted a query from the bourse operator, which noted this is the second query issued to the company in the past four months.

Magnus Energy had topped the list of the most active counters by volume in early-morning trade on Tuesday. As at 11.05am, the stock was still the most heavily traded, with 318.8 million shares changing hands.

Separately, New Silkroutes' counter rose 6.5 per cent or 3.5 Singapore cents to S$0.575 at 11.07am, with more than 1.1 million shares changing hands.

SGX noted this is the second query issued to New Silkroutes in the past one month.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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Australia shares gain on strong earnings; NZ hits another record

Australian shares climbed 0.8 per cent on Tuesday aided by broad-based gains across all sectors as sentiment was buoyed by better-than-feared results from several large companies in the earnings season so far.

The S&P/ASX 200 index rose 42.15 points to 5,557.20 by 0115 GMT. The benchmark lost 0.21 per cent on Monday.

Banks and healthcare stocks led gains, aided by strong earnings from healthcare services provider Healthscope which posted a nearly 19 per cent rise in full year profits.

Australian companies have fared well in the current earnings season which is almost halfway through, Deutsche and UBS analysts wrote in separate 'earnings review' notes.

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Singapore shares open 0.09% lower on Tuesday

SINGAPORE shares opened lower on Tuesday, as investor sentiment was downbeat following the news that Singapore's former president SR Nathan died on Monday night.

Overnight, Wall Street ended its session flat after making early gains.

At 9.10am on Tuesday, the benchmark Straits Times Index was 2.66 points or 0.09 per cent lower at 2,838.53.

Some 304.1 million shares worth S$46.2 million had changed hands, with gainers outnumbering losers 72 to 60.

Some of the more active counters included HLH Group, CNMC Goldmine and Noble Group.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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