Stocks to watch: GL, Ezion, Healthway

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

Property group GL Ltd, the former GuocoLeisure, reported net profit shot up 41 per cent to US$67.6 million from the year-ago period.

Liftboat operator Ezion Holdings has adjusted its second-quarter results down US$11.7 million following the additional impairment of property, plant and equipment and intangible assets of an associate.

Clinic operator Healthway Medical Corporation agreed to issue up to 133.3 million new ordinary shares at three Singapore cents each to raise net proceeds of about S$3.75 million.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 0.4% 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

Read More

China, US still in talks on trade pact despite challenges: Chinese commerce official

China and the United States are still in frequent discussion about a bilateral trade pact, despite a challenging global trade environment, a Chinese commerce official said on Thursday.

China is keen to maintain open markets for its goods as its economy grows at its slowest pace in 25 years, but it faces rising trade tensions as its imports deteriorate faster than exports, setting it up for another record trade surplus.

Last year, the US trade deficit with China was US$336.2 billion, according to the US Trade Representative's office.

Republican presidential candidate Donald Trump threatened on Wednesday to slap tariffs on Chinese products to show Beijing the United States is "not playing games anymore".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, stocks take breather ahead of Yellen's speech

The South Korean won advanced on local exporters' demand on Friday, but gains were capped as traders looked ahead to a meeting of central bankers in Jackson Hole, Wyoming, with all eyes on a speech by Federal Reserve Chair Janet Yellen.

The won was quoted at 1,114.2 against the US dollar as of 0200 GMT, up 0.2 per cent versus its previous close.

"Trading is expected to be mixed throughout the session on exporters' dollar sales and caution over a US interest rate hike in the near-term," said Jung Sung Yoon, an analyst at Hyundai Futures.

South Korean shares sagged for a third session but like the won, trading was subdued ahead of Ms Yellen's speech later in the day at the annual gathering of central bankers. The focus is on whether Ms Yellen could provide more clarity on US rates outlook for the rest of the year.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 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

Read More

Australia, NZ dollars up slightly ahead of Yellen's take on Fed outlook

The Australian and New Zealand dollars were marginally up on Thursday as investors counted down to a much-anticipated speech by Federal Reserve Chair Janet Yellen for more clarify on the outlook for US interest rates.

The Australian dollar was up 0.2 per cent at US$0.7627. It is mostly unchanged so far this week, trapped in a tight range of US$0.7584 to US$0.7655.

The Aussie has added more than 5 per cent in the last two months but has been muted in August largely due to conflicting views on US monetary policy.

Investors are now looking to Ms Yellen's speech in Jackson Hole, Wyoming, on Friday for insight on the US monetary policy outlook.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 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

Read More

Singapore shares open 2.24 points higher on Thursday

SINGAPORE share prices opened higher on Thursday, with the Straits Times Index up 2.24 points or 0.08 per cent to 2,871.81 as at 9.04am, despite losses on Wall Street overnight.

Top gainers in early-morning trade included DBS and UOB.

Some 31.5 million shares worth S$52.9 million changed hands, with losers outnumbering gainers 68 to 46.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 close up 19 points

THE Straits Times Index on Wednesday closed up 19.14 points at 2,869.57, as bank counters and some defensive stocks continued to be in play.

Some 987.5 million units worth S$838 million changed hands. Gainers exceeded losers in the Singapore market at 236 to 151.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

Taiwan: Stocks almost flat, Mega Financial leads financials down

Taiwan stocks were almost flat on Wednesday morning as losses in financial shares, led by Mega Financial, eroded early gains.

Shares in the Taiwanese financial holding company, the focus of a probe by local prosecutors following a rare fine for anti-money laundering violations in the US, were sliding for the fourth session running.

As of 0252 GMT, the main Taiex index was unchanged at 9,031.24 points, after closing up 0.5 per cent in the previous session.

Tempering the selling was buying in tech heavyweight Hon Hai Precision, whose shares were 1.2 per cent higher, helping push the electronics subindex up 0.2 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

Read More

Singapore stocks open 0.1% lower on Wednesday

SINGAPORE stocks opened lower on Wednesday, with the Straits Times Index shedding 0.1 per cent or 2.93 points to 2,847.50 as at 9.04am.
Gainers outnumbered losers 80 to 51, or more than three up for every two down, with 51.7 million shares worth S$43.8 million traded.

Noble Group was among the most active stocks out of the gate, gaining 0.8 per cent or 0.1 Singapore cent to change hands at 13 Singapore cents.

CNMC Goldmine, which has announced an extension of its mining lease, rose 2.7 per cent or 1.5 Singapore cents to 58 Singapore cents.

Among the index stocks, Jardine Cycle & Carriage slipped 0.2 per cent or seven Singapore cents to S$43.03.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: SGX, penny stocks, AusGroup, Santak, Mary Chia

SINGAPORE Exchange (SGX): The bourse operator is suspending its minimum trading price (MTP) requirements for mainboard-listed companies as it considers a proposal to add a market capitalisation criterion to the current framework.

The moratorium will give more breathing space to 125 listed companies that are either already on the MTP watch-list or that were expected to be added to it in September.

AusGroup: The engineering, port and marine services company warned of a fourth-quarter net loss due to a "prolonged adverse business environment". The company also said it has decided to end its Sinagpore fabrication and manufacturing businesses.
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

SGX close to allowing exceptions for dual-class share listings

THE Singapore Exchange's Listings Advisory Committee (LAC) is set to lay out ground rules in the coming weeks that will allow for multiple-class share structures, according to sources familiar with the matter.

The LAC, an autonomous body that provides independent opinions on unusual listing applications for SGX, is expected to allow dual-class structures only when there are compelling reasons to do so, the sources said.

Examples of such reasons would be when there are certain individuals who play indispensable roles in the company, such as the founders of search engine giant Google; or when an uneven ownership structure is long-standing practice.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

SGX trading queries issued to Best World, LionGold, Broadway Industrial

THREE companies - Best World International, LionGold Corp and Broadway Industrial Group - were queried by Singapore Exchange (SGX) on Monday regarding their trading activities.

The query to Best World, for unusual price movements, marked the fifth query from SGX to the group in the past five months. The company had just received in-principle approval for its one-for-four bonus issue, with book closure date to be announced in due course.

At 12.50pm, Best World was up 5 per cent at S$1.77, with 2.13 million shares traded.

LionGold was unchanged at 0.1 cent as it topped the volume chart with hefty trading of 394.1 million shares. One of its directors, Md Wira Dani Abdul Daim, stepped down as non-executive director last week after he was made a bankrupt in Singapore.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

China stocks come out strong despite lackluster economic news

Asian markets edged up Monday as weak macroeconomic data bumped against chatter about the launch of the Shenzhen-Hong Kong trading link.

Australia’s S&P/ASX 200   recovered from early declines to trade up 0.1% while the Nikkei Stock Average   was flat. South Korean stock markets are closed for a holiday. The Shanghai Composite   was 1.7% higher, with Hong Kong’s Hang Seng index   rose 0.5%.

The Shanghai market surged after China’s securities regulator said Friday it established a special team to prepare for the launch of Shenzhen-Hong Kong Stock Connect in 2016.

Stocks of Japanese exporters opened lower due to a stronger yen but later recovered as the dollar edged higher. Canon Inc.   was flat after being initially down 0.6%, with Toyota Motor Corp.   recovering to trade nearly unchanged from an earlier decline of 0.3%.

Japan’s gross domestic product for the April-June quarter expanded at an annualized 0.2%, missing expectations of a 0.7% rise. Meanwhile, April-June exports fell 5.9% in real, annualized terms after a modest 0.4% rise in the previous quarter, suggesting a global slowdown was hitting demand in Japan’s export markets.

“Today’s narrow miss could have been a lot worse,” said Timothy Graf, head of macro strategy at State Street Global Markets EMEA. Markets will now focus on whether the Bank of Japan will ease policy later this year, he said.

Elsewhere in the region, industrial production in China rose 6.0% in July from a year earlier, slower than the 6.2% growth recorded in June. Investment in factories, buildings and other fixed assets in nonrural areas rose 8.1% on the year in January-July, decelerating from the 9% increase in the first six months of the year and lower than the 8.9% predicted by economists.

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 STOCKS MARKET UPDATE BY EPIC RESEARCH

The Straits Times Index (STI) ended 3.91 points or 0.14% lower to 2865.91, taking the year-to-date performance to -

0.58%.

The top active stocks today were DBS, which gained 0.60%, Singtel, which declined 0.47%, OCBC Bank, which

declined 0.36%, UOB, which gained 0.28% and JMH USD, with a 2.21% advance.

The FTSE ST Mid Cap Index gained 0.05%, while the FTSE ST Small Cap Index declined 0.09%.

The outperforming sectors today were represented by the FTSE ST Technology Index, which rose 1.93%. The two biggest

stocks of the Index - Silverlake Axis and CSE Global- ended 1.67% higher and 1.09% higher respectively.

The underperforming sector was the FTSE ST Basic Materials Index, which slipped 0.72%. Midas Holdings shares

declined 2.04% and Geo Energy Resources ended 3.74% higher.

The three most active Exchange Traded Funds (ETFs) by value today were:

DBXT MSCI Asia Ex Japan ETF (+1.53%) ,CIMB FTSE ASEAN 40 (+0.68%) ,iShares MSCI India (+1.53%)

The three most active Real Estate Investment Trusts (REITs) by value were:

Ascendas REIT (-0.41%) ,CapitaLand Mall Trust (-1.38%) ,Mapletree Com Trust (-0.33%)

The most active index warrants by value today were:

HSI23800UBeCW161229 (+9.17%) ,HSI22800VTeCW160929 (+12.93%) ,HSI23000MBeCW160929 (+13.54%)

The most active stock warrants by value today were:

DBS MB eCW170201 (+3.92%) ,DBS VT eCW161212 (+3.77%) ,DBS MB ePW161201 (-3.70%)

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

HSBC says investors should look at where companies make their revenue

Equity investors who look at indexes based on revenue rather than domicile will discover an entirely different investment universe, according to HSBC.

Global indexes are based on domicile. The MSCI U.K. Index, for example, is composed of companies from the U.K. But as two-thirds of their revenue comes from overseas markets, the index isn't really providing investors with exposure to the U.K., HSBC analysts wrote in a new report.

All the companies in the Dow Jones Industrial Average DJIA, +0.64% are based in the U.S., but more than 40% of the overall revenue is derived from outside the U.S.


See also: Why Marc Faber is calling for an ugly stock-market crash—again

At the same time, companies are inconsistent in their disclosures of where they generate their revenue and accounting rules don’t help. Combined, those factors mean that understanding where revenue is made is a “fertile ground to add value,” they wrote.

Read: Why even the best investing advice may be wrong

“By looking beyond locally listed stocks incorporated in the country benchmark, analysts can broaden the universe of potential investments,” said the report. “This often gives exposure to harder-to-access sectors and countries.” 

The report analyzes 29 major developed and emerging country indexes and outlines ways to play both GDP and currency trends. It found that European companies are the most global, generating almost half their revenue overseas. At a time when global economic growth rates are weak and risk perception high, that has led many European indexes to underperform. Europe’s big exposure to emerging markets (EM) on the other hand, has been a positive, as EM markets have stabilized. 


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

COMEX UPDATE 11th AUG'BY EPIC RESEARCH

Oil edged further above $45 a barrel on Tuesday as forecasts for a drop in U.S. inventories and speculation of producer

action to prop up prices countered concern about a supply glut.Total U.S. crude inventories were expected to fall by 1

million barrels in weekly reports, although market intelligence firm Genscape has reported a rise of more than 307,000

barrels at the Cushing, Oklahoma U.S. crude delivery hub, traders said.

 Gold prices slumped to a one-week low in European trade on Tuesday, amid growing expectations of a U.S. interest

rate hike by the end of this year.Gold for December delivery on the Comex division of the New York Mercantile Exchange

fell to a session low of $1,336.70 a troy ounce, the weakest since July 29. It was last at $1,337.15 by 06:59GMT,

or 2:59AM ET, down $4.15, or 0.31%.

 Copper futures fell during late noon trade in the domestic market on Tuesday as investors and speculators cut positions

in the industrial metal as improved China inflation data dimmed the case for fresh policy easing dampening demand

prospects.China’s producer prices fell 1.7 per cent year on year in July 2016 marking the smallest decline in

nearly two years while consumer inflation stood at 2 per cent matching analysts’ estimates.

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: City Developments, Singtel, Ezion, Nam Cheong

City Developments: CDL said on Thursday its net profit for the second quarter ended June 30, 2016, stayed flat at about S$133.8 million. This was despite revenue growing 32.4 per cent to S$1.1 billion, underpinned by the revenue and profit recognition from Lush Acres, a fully sold executive condominium.

Singtel: Singtel on Thursday posted a 0.3 per cent increase in its net profit for the first quarter ended June 30, 2016, to S$944.3 million. Revenue fell 7.1 per cent to S$3.9 billion, hit by the decline in mobile termination rates in Australia, depreciation of the Australian dollar, higher mobile service credits from device repayment plans and lower equipment sales.


Ezion Holdings: Ezion reported on Thursday that its net profit for the second quarter ended June 30, 2016 fell 31.5 per cent to US$19.8 million, compared to about US$29 million a year ago. Revenue was down 7 per cent at US$83.7 million from US$90.1 million as a few service rigs had undergone modifications and routine class surveys.


Nam Cheong: Nam Cheong on Thursday posted a plunge in net profit to RM3 million (S$1.01 million) for its second quarter ended June 30, 2016, down from RM10.7 million a year ago. The Malaysia-headquartered offshore marine group's revenue fell 39 per cent to RM117.4 million due to a revenue drop from the shipbuilding segment and vessel chartering segment.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

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.
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