Seoul: Stocks, won drop on suspected North Korean nuclear test

South Korean shares and won fell early on Friday following a suspected North Korean nuclear test.

South Korea's presidential Blue House will hold a National Security Council meeting at 0200 GMT on Friday after seismic activity was detected near North Korea's known nuclear test site, activity South Korea said could have been a nuclear test.

The Korea Composite Stock Price Index (Kospi) was down 1.2 per cent at 2,038.21 points as of 0201 GMT.

The won was quoted at 1,100sw.1, down 0.7 per cent compared to Thursday's close of 1,092.6.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

Read More

Hot stock: Ezra falls 3.4% amid high volumes, attracts SGX query

SHARES of Ezra Holdings fell 3.4 per cent to 5.6 Singapore cents in Friday early morning trade, as trading volumes of the counter surged.

Some 158.3 million shares of the offshore support provider had changed hands as at 10.07am, drawing a query from the Singapore Exchange (SGX).

On Thursday, Ezra was also one of the most active counters on the SGX, jumping nearly 35 per cent or 1.5 cents to close at 5.8 cents, with 182.1 million shares traded.The firm has yet to respond to the query.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

Read More

Hong Kong: Stocks extend gains at open

Hong Kong stocks rose in early trade, adding to the previous day's rally on upbeat Chinese trade data, while investors await the release of mainland inflation figures.

The Hang Seng Index added 0.20 per cent, or 46.68 points, to 23,966.02.

But the benchmark Shanghai Composite Index was marginally lower, edging down 0.52 points to 3,095.43, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, was slightly up, ticking 0.51 points higher to 2,050.59.

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

Read More

Malaysia: Shares open lower on Friday

MALAYSIA share prices opened lower on Friday with the FTSE Bursa Malaysia Kuala Lumpur Composite Index down 0.260 points to 1,691.120.

Volume was 21.500 million lots worth RM4.936 million.

Gainers outnumbered losers 65 to 57.

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

Read More

Singapore shares open 0.82% lower on Friday

SINGAPORE stocks opened 0.82 per cent lower on Friday, with the Straits Times Index losing 23.78 points to 2,870.7 as at 9.05am.

About 105.1 million shares worth S$74.8 million in total changed hands. Losers outnumbered gainers 88 to 63.

Some of the top traded stocks were Singapore Exchange, CapitaLand and Singtel.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

Read More

Malaysia: Shares open higher on Thursday

MALAYSIA share prices opened higher on Thursday with the FTSE Bursa Malaysia Kuala Lumpur Composite Index up 1.860 points to 1,691.530.

Volume was 17.496 million lots worth RM7.794 million.

Gainers outnumbered losers 68 to 44.

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

Read More

Seoul: Won rises to 3-week high, stocks firm on weak US data

The South Korean won jumped to a three-week high early on Wednesday as downbeat economic data from the world's biggest economy dented already-low chances of the Federal Reserve raising interest rates as early as this month.

The won stood at 1,094.6 as of 0214 GMT, its highest since Aug 16, and up one per cent compared to Tuesday's close at 1,105.2.

The US dollar slumped after a survey showed US services sector activity slowed to a 6-1/2-year low in August amid sharp drops in production and orders, pointing to slowing economic growth.

"All the economic data from the US that came out in September were below expectations. The won will stay strong against the dollar even if Federal Reserve officials keep their hawkish stance," 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

Read More

Stocks to watch: CapitaLand Mall Trust, Rickmers, SGX, China Minzhong Food

THE following companies made material announcements before the opening of Wednesday's market:

CapitaLand Mall Trust said that the new Funan mall, when ready in the fourth quarter of 2019, will be a platform that "inspires retail innovation" and offers a "new paradigm" for living, work and play.

Funan will go beyond selling IT products to "incorporating the tech experience throughout the entire integrated development".

The new property will have a total gross floor area (GFA) of 887,000 sq ft. Occupying more than half the GFA at 500,000 sq ft will be the mall, a six-storey retail component which comprises four levels above ground and two basement levels. Three towers will sit above, including two six-storey premium Grade A office towers from Level 5 to Level 10 with a GFA of 266,000 sq ft, and a nine-storey block housing 279 co-living apartment units from Level 4 to Level 12 with a GFA of 121,000 sq ft.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

Read More

Malaysia: Shares open lower on Wednesday

MALAYSIA share prices opened lower on Wednesday with the FTSE Bursa Malaysia Kuala Lumpur Composite Index down 9.420 points to 1,680.350.

Volume was 40.024 million lots worth RM39.73 million.

Gainers outnumbered losers 92 to 70.

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

Read More

Australia: Shares edge down before central bank meeting; NZ flat

Australian shares edged lower on Tuesday, led by losses in the financial sector as markets were largely resigned to the prospect of the Reserve Bank of Australia keeping rates steady at its policy meeting later in the day.

The S&P/ASX 200 index was down 20.68 points, or 0.4 per cent, at 5408.8 by 0240 GMT, pulling back slightly from a 1.1 per cent gain on Monday.

"The market is marking time to see the results from the Reserve Bank," said James McGlew, executive director of corporate stockbroking at Argonaut.

"The chance of another rate cut is very slim indeed. I think the markets would be very surprised if there is a rate cut today."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

Read More

Asia: Shares advance, Australia slips as RBA rate decision awaited

Asian shares edged up on Tuesday as investors awaited the Reserve Bank of Australia's policy meeting in which it is expected to keep interest rates steady.

European stocks touched an eight-month high on Monday, then reversed as trading wound down in the absence of US markets, which were closed for Labor Day.

MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.3 per cent.

Australian shares slipped 0.3 per cent ahead of the RBA's announcement at 0430 GMT.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

Read More

Singapore shares open marginally higher on Tuesday

SINGAPORE stocks opened 0.23 per cent higher on Tuesday, with the Straits Times Index adding 6.51 points to 2,858.25 as at 9am.

Wall Street was closed on Monday for the Labour Day holiday. Trading on US markets will resume on Tuesday.

In Singapore, about 41 million shares worth S$65.6 million in total changed hands. Gainers beat losers 61 to 40.

Top stocks by value traded were StarHub, Global Logistic and SGX.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

Read More

Hong Kong, Shanghai: Stocks rally at open

Hong Kong shares surged more than one per cent in the first few minutes of trade Monday as a slowdown in US jobs creation last month lowered expectations for an interest rate hike this month.

The Hang Seng Index added 1.20 per cent, or 280.29 points, to 23,546.99.

The benchmark Shanghai Composite Index edged up 0.11 per cent, or 3.36 points, to 3,070.71 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, added 0.29 per cent, or 5.90 points, to 2,015.19.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

Read More

Australia, NZ dollars inch higher on positive economic news

The Australian and New Zealand dollars edged higher on Thursday as investors focussed on the positives in domestic economic data, though their longer-term direction remained at the mercy of a looming US jobs report.

The Australian dollar crawled ahead to US$0.7538 , from US$0.7520 late Wednesday, but was still down slightly for the week. Support lies around US$0.7490 with resistance at US$0.7580.

Australia's economic data proved a mixed bag but there were enough signs of improvement in business investment to keep the currency underpinned.

While business spending fell 5.4 per cent in the second quarter, firms upgraded their plans for the 2016/17 financial year in a promising sign of a long-awaited pick-up outside of mining.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

Read More

South Korea: Stocks near fourth-week low on foreign stock sales

South Korean shares dropped to a four-week intraday low early on Thursday as foreign investors dumped stocks amid uncertainties concerning the US Federal Reserve's next policy decision.

The Korea Composite Stock Price Index (KOSPI) was down 0.4 per cent at 2,026.29 as of 0230 GMT. The index fell to a low of 2016.47, its lowest since Aug 5, 2016.

The South Korean won edged down and was quoted at 1,118.1, down about 0.3 per cent from Wednesday's close of 1,114.8.

"The possibility of the Fed's rate hike in September will remain quite low unless US August employment data turns out to be unexpectedly strong," said Cho Byung-hyun, a stock analyst at Yuanta Securities.
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

Read More

Malaysia: Shares open higher on Thursday

MALAYSIA share prices opened higher on Thursday with the FTSE Bursa Malaysia Kuala Lumpur Composite Index up 4.110 points to 1682.350.

Volume was 61.3 million lots worth RM43.9 million.

Losers outnumbered gainers 86 to 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

Read More

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.

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

Read More

Seoul: Stocks rise as Fed worries ease; won recovers

South Korean shares rose early on Tuesday on easing concerns of an interest rate increase in the United States as early as September, with buying from offshore investors and domestic institutions underpinning the market.

The Korea Composite Stock Price Index (Kospi) was up 0.8 per cent at 2,049.21 points as of 0217 GMT.

Kim Sung Hwan, a stock analyst at Bookook Securities, said that foreign investors are buying the local equities in tandem with the won's bounce from Monday's loss.

The won has been under pressure after hawkish comments from Federal Reserve Chair Janet Yellen on Friday kept the US dollar well bid.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

Read More

Asia: Markets track Wall St up, US jobs in focus

Asian markets rose on Tuesday, with Tokyo recovering from initial losses as expectations of a US interest rate hike and talk of more Japanese monetary easing pushed the yen down against the US dollar.

After Monday's sell-off across most markets, fuelled by the prospect of higher US borrowing costs, investors returned to buying, buoyed by a rally on Wall Street as another batch of data indicated improvement in the world's top economy.

Bets on a rate hike this year have soared after Federal Reserve boss Janet Yellen last week said at the Jackson Hole symposium of central bankers the "the case for an increase in the federal funds rate has strengthened in recent months".

Attention now turns to the release next Friday of the closely watched jobs report, which will be used as a guide in judging whether the bank will move sooner than later.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

Read More

Singapore shares open 0.6% up on Tuesday

SINGAPORE stocks opened 0.6 per cent higher on Tuesday, with the Straits Times Index rising 15.58 points to 2,845.01 as at 9am.

The blue-chip index was buoyed by market sentiment recovering from Fed rate hike fears.

About 41 million shares worth S$31.5 million in total changed hands, which worked out to an average unit price of S$0.77 per share.

Top stocks by value traded were HTL International, Singtel, ComfortDelGro, Hongkong Land and City Developments.

Gainers outnumbered losers 92 to 48, or about two up for every one down.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

Read More