Tuesday, August 19, 2014

Singapore Stock Recommendations : Epic Research Singapore

MARKET UPDATES :
OCBC on Monday unveiled its long-awaited rights issue, which would back its Wing Hang purchase. Looking at the broader market, there are also fears that the deepening conflict between Ukraine and Russia could dampen sentiment this week.OCBC on Monday announced a S$3.37 billion rights issue, which will go towards funding its acquisition of Hong Kong’s Wing Hang Bank.


STOCK RECOMMENDATION :
BUY JARDINE STRATEGIC HOLDING ABOVE 36.650 TG 36.850, 37.150, 37.450 SL 36.350

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