Sgx Stock Recommendations : Epic Research Singapore

MARKET UPDATES :

• Singapore’s annual consumer inflation rate probably accelerated to a six-month high in May, a Reuters poll showed on Thursday, due partly to higher transport costs and a low base in a year earlier. The median forecast of 10 economists in a Reuters poll forecast the consumer price index (CPI) in May rose 2.6 per cent from a year earlier, matching a pace last seen in November and accelerating from a 2.5 per cent increase in April.

STOCK RECOMMENDATION :

• BUY NOBLE GROUP ABOVE 1.400 TG 1.430, 1.460, 1.500 SL 1.350

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