Singapore shares open lower on Fed split over raising rates

SINGAPORE shares opened lower on Thursday, following news that the US Federal Reserve's most recent policy meeting showed committee members were split on the issue of raising interest rates soon.

The benchmark Straits Times Index was down 3.69 points or 0.13 per cent to 2,839.66.

At 9.06am, 59.5 million shares worth S$63 million had changed hands, with losers beating gainers 63 to 62.

Some of the most active counters were Singtel, Ezion Holdings and Magnus Energy.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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China home prices rise 7.9% year on year in July

Average new home prices in China's 70 major cities rose 7.9 per cent in July from a year earlier, an official survey showed on Thursday.

That compared with a 7.3 per cent increase in June.

Home prices in Shenzhen and Xiamen had the biggest surge, rising 40.9 per cent and 39.2 per cent, respectively, from a year ago.

The booming property market has been a key driver of China's economic growth in the first half of the year as weak demand at home and abroad continue to take a toll on trade and investment.

But concerns are growing that the property rebound may be coming to an end as local governments tighten restrictions on home purchases to cool sharp price rises, which are sparking fears of asset bubbles.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 lower on Tuesday

SINGAPORE shares opened lower on Tuesday, extending a retreat on Wall Street on the back of oil price weakness.

At 9.01am, the benchmark Straits Times Index (STI) was down 20.97 points or 0.7 per cent at 2,871.55.

Some 43.8 million shares worth S$76.6 million changed hands.

Losers outpaced winners 77 to 55.

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SINGAPORE MARKET CLOSING UPDATE OF 27th JULY'2016

Singaporeshares close 0.3 per cent up




Singapore equities ended 0.3 per cent higher on Wednesday, with the Straits Times Index gaining 8.05 points to 2,941.49.




Volume was relatively weak, though. About 991.1 million shares worth S$818.5 million in total changed hands, which worked out to an average unit price of S$0.83 per share.




The most actively traded counter was Annica Holdings, which was flat at S$0.001 with 252.5 million shares changing hands. Other actives included CNMC Goldmine and Noble Group.




Gainers outnumbered losers 212 to 182, or about seven up for every six down.
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Apple Market News Update : Epic Research Singapore

Apple Inc. (AAPL)’s new iPhones will take as many as four weeks to ship, a sign that early demand for the smartphones is outstripping supply.

The iPhone 6 Plus, which has a larger display, will take three to four weeks for shoppers who pre-ordered online yesterday, according to Apple’s website, as people rushed to buy the handset hours after the company began taking pre-orders. 

The iPhone remains the most important piece of Apple’s business. The handset accounted for about half of Apple’s $171 billion in revenue in its last fiscal year, and with sales of the iPad slowing, the company needs to keep the iPhone a blockbuster to maintain growth.


Shares of Apple rose less than 1 percent to $101.66 at the close in New York yesterday. The stock is up 27 percent this year.

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Apple Market News Update : Epic Research Singapore

Apple will begin producing two new iPhone models next month, Tim Culpan and Peter Burrows at Bloomberg report.

One of the phones will have a 4.7-inch screen, and the other will have a 5.5-inch screen. The current iPhone has a 4-inch screen which is much smaller than just about every Android phone.

The 4.7-inch model will be in stores in September. The 5.5-inch model is proving a little harder to make, Culpan and Burrows say, but it should be in stores in September, too.

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Apple Market News Update : Epic Research Singapore

Tech stocks put in a middling trading performance Tuesday, with Apple Inc. continuing to flex its muscles and eBay Inc. among the decliners after the departure of one of PayPal’s key executives. 

Apple AAPL +0.03%  rose 55 cents a share to close at $94.25 one day after the company had a 7-for-1 stock split. Earlier in the session, Apple reached a 52-week-high of $95.05. 

EBay, EBAY +0.12% ended they day off by $1.33 a share, or 2.7%, at $48.25. 

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Apple Market News Update : Epic Research Singapore

Apple shares swung higher on Monday as investors remained upbeat on the US tech giant in the first day of trading after a 7-for-1 stock split.

Apple gained 1.6 per cent to close at US$93.70. Before the split Friday, shares edged lower to US$645.57, but remained close to its all-time highs.

The stock split, announced earlier this year, has no impact on the underlying value of Apple, but such a move can give a company a psychological boost by lowering the cost of each share.

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Epic Research Singapore :Google Market News Update

Google overtakes Apple as world's top brand: survey

US search engine Google has overtaken rival technology titan Apple as the world's top brand in terms of value, global market research agency Millward Brown said on Wednesday.

Google's brand value shot up 40 per cent in a year to US$158.84 billion (115 billion euros), Millward Brown said in its 2014 100 Top BrandZ report.

"Google has been extremely innovative this year with Google Glass, investments in artificial intelligence and a range of partnerships," said Benoit Tranzer, the head of Millward Brown France.

Google Glass is Internet-linked eyewear for which the firm has joined hands with Luxottica, a frame giant behind Ray-Ban and other high-end brands, to sell the new product in the United States.

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Epic Research Singapore : Apple & Google Market News Update

Apple Inc and Google Inc are wooing game developers to ensure that top game titles arrive first on devices powered by their respective operating system, the Wall Street Journal reported, citing people familiar with the matter.

Both the companies are trying to lure game developers by offering premium placement to these games on their app stores'home pages and features lists, the daily said. Both Google and Apple were not immediately available for comment outside regular U.S. business hours.

Apple had struck a deal with Electronic Arts Inc last August to promote the game "Plants Vs Zombies 2" prominently in its App Store, and had a similar arrangement with ZeptoLab to promote the sequel to its popular puzzle game "Cut the Rope", which released in December, the Journal reported.

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Epic Research Singapore : Apple Market News Update

Apple is likely to release its newest iPhone globally in September with a higher resolution and bigger screens, Japan's leading Nikkei business daily reported on Friday.
 
The handset, expected to be called the iPhone 6, is expected to come in two versions with a 4.7- or 5.5-inch screen, up from the current four-inch panel, the report said, without citing sources.

Taiwan's Commercial Times reported earlier this month that Taiwan Semiconductor Manufacturing Co. has started producing chips for Apple's next iPhone.

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Epic Research Singapore : Apple News Update

The typical reaction among the investing public on the news being revealed is to buy it. So, let's get this straight: Apple AAPL +0.24% buys its own shares $20 cheaper, and then the public gobbles it up on a gap-up of $10 after the fact. No, thank you.
The explanation offered by CEO Tim Cook is that Apple is betting on Apple. Well, that's great. With that much cash in the coffers, the company needs to bet on something other than the measly returns it gets from money markets nowadays. It smacks of the folks who lost most of their retirement money concentrating all their savings in the companies they worked for. A company goes under, and these people lose not only their jobs but their savings
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