Malaysia's Felda Global Ventures posts 35% rise in profit

Felda Global Ventures, the world's third-largest palm plantation operator, reported a 35 per cent rise in second-quarter earnings, supported by stronger crude palm oil production following moves to boost fruit yields.

The Malaysian firm's net profit rose to RM62.2 million (S$21 million) in the quarter ended June from RM46.1 million in the same period last year.

Revenue eased slightly to RM4.14 billion from RM4.19 billion the previous year.

"Rising commodity prices have provided optimism to the plantation's earnings outlook and we are in a good position to take advantage of the general tightness in supply," Felda Global chief executive Zakaria Arshad said in a statement.

Palm oil output is facing a production squeeze this year due to the ongoing effects of a crop damaging El Nino weather event, which brings hot, dry weather to Southeast Asia and lowers fruit yields.
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Europe: Stocks climb at open

European stock markets rose at the start of trading on Thursday, with London's benchmark FTSE 100 index rising 0.2 per cent to 6,873.24 points.

In the eurozone, Frankfurt's DAX 30 won 0.7 per cent to 10,613.08 points and the CAC 40 in Paris gained 0.5 per cent to open at 4,441.20 compared with the close on Wednesday.

The start was in contrast to Tokyo, whose main index slumped Thursday as fading expectations of an imminent Federal Reserve rate hike sparked a rally in the yen against the dollar, hitting exporters including Toyota and Nissan.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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Current Market Update : Epic Research Singapore

Tokyo (Nikkei Average) up 0.1%
Hong Kong (Hang Seng Index) down 0.3% (at break)
Shanghai (Shanghai Composite Index) down 0.6% (at break)
Sydney (S&P/ASX 200) up 0.5%
Mumbai (Sensex) up 0.6%
Taipei (Taiex) down 0.1%


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Market Closing Update : Epic Research Singapore

Tokyo (Nikkei Average) up 0.1% (closed)
Hong Kong (Hang Seng Index) down 0.3%
Shanghai (Shanghai Composite Index) up 0.3%
Sydney (S&P/ASX 200) down 0.2%
Seoul (Kospi) down 0.6%
Taipei (Taiex) up 0.2%


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Current Market Update : Epic Research Singapore

Tokyo (Nikkei Average) down 0.1% 
Hong Kong (Hang Seng Index) down 0.6%
Shanghai (Shanghai Composite Index) down 1.2% 
Sydney (S&P/ASX 200) down 0.5%
Mumbai (Sensex) down 0.2%
Taipei (Taiex) flat

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Current Market Update : Epic Research Singapore

Tokyo (Nikkei Average) up 2.1%
Sydney (S&P/ASX 200) up 0.3%
Seoul (Kospi) up 0.3%
Mumbai (Sensex) up 0.5%

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Market Closing Update : Epic Research Singapore

Tokyo (Nikkei Average) down 0.3% (closed)
Hong Kong (Hang Seng Index) up 0.3% (closed)
Shanghai (Shanghai Composite Index) down 0.1% (closed)
Sydney (S&P/ASX 200) down 0.5% (closed)
Seoul (Kospi) down 0.9% (closed)
Taipei (Taiex) down 0.4% (closed)

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Market Closing Update : Epic Research Singapore

Tokyo (Nikkei Average) up 0.1% (closed)
Hong Kong (Hang Seng Index) flat 
Shanghai (Shanghai Composite Index) down 0.4% 
Sydney (S&P/ASX 200) down 0.2%
Seoul (Kospi) down 0.3%
Mumbai (Sensex) down 0.6%
Taipei (Taiex) down 0.1%

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Current Market Update : Epic Research Singapore

Tokyo (Nikkei Average) flat
Hong Kong (Hang Seng Index) up 0.5% (at break)
Shanghai (Shanghai Composite Index) flat  (at break)
Sydney (S&P/ASX 200) down 0.1%
Seoul (Kospi) down 0.3%
Mumbai (Sensex) down 0.3%
Taipei (Taiex) down 0.2%

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Market Closing Update : Epic Research Singapore

Tokyo (Nikkei Average) up 0.2% (closed)
Hong Kong (Hang Seng Index) up 0.6% (closed)
Shanghai (Shanghai Composite Index) up 0.8% (closed)
Sydney (S&P/ASX 200) up 0.3%(closed)
Seoul (Kospi) up 1% (closed)
Taipei (Taiex) up 0.7% (closed)

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Current Market Update : Epic Research Singapore

Tokyo (Nikkei Average) up 0.4%
Hong Kong (Hang Seng Index) up 0.8% (at break)
Shanghai (Shanghai Composite Index) up 0.2% (at break)
Sydney (S&P/ASX 200) up 0.5%
Seoul (Kospi) up 0.7%
Mumbai (Sensex) up 0.2%
Taipei (Taiex) up 0.3%

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Current Market Update : Epic Research Singapore

Tokyo (Nikkei Average) up 0.8%
Hong Kong (Hang Seng Index) down 0.2% (at break)
Shanghai (Shanghai Composite Index) down 0.2% (at break)
Sydney (S&P/ASX 200) up 0.1%
Seoul (Kospi) down 0.7%
Mumbai (Sensex) down 0.8%
Taipei (Taiex) up 0.2%

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Epic Research Singapore : Market Closing Update

Tokyo (Nikkei Average) up 0.5% (closed)
Hong Kong (Hang Seng Index) up 0.6% (closed)
Shanghai (Shanghai Composite Index) up 0.2% (closed) 
Sydney (S&P/ASX 200) up 0.2% (closed) 
Seoul (Kospi) down 0.2% (closed) 
Taipei (Taiex) down 0.1% (closed)

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Epic Research Singapore : Current Market Update

Tokyo (Nikkei Average) up 0.8%
Hong Kong (Hang Seng Index) up 0.7% 
Shanghai (Shanghai Composite Index) up 0.2% (at break) 
Sydney (S&P/ASX 200) up 0.1% 
Seoul (Kospi) down 0.4% 
Taipei (Taiex) up 0.2%

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Epic Research Singapore : Closing Market Update

Tokyo (Nikkei Average) down 0.6% (closed)
Hong Kong (Hang Seng Index) flat (closed) 
Shanghai (Shanghai Composite Index) down 1.1% (closed)
Sydney (S&P/ASX 200) down 1.3% (closed)
Seoul (Kospi) up 0.1% (closed)
Taipei (Taiex) up 0.1% (closed)

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Epic Research Singapore : Closing Market Update

Tokyo (Nikkei Average) down 0.8% (closed)
Hong Kong (Hang Seng Index) up 0.7% (closed)
Shanghai (Shanghai Composite Index) down 1.1% (closed)
Sydney (S&P/ASX 200) up 0.3% (closed)
Seoul (Kospi) flat (closed)
Taipei (Taiex) up 0.1% (closed)

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Epic Research Singapore : Current Market Update

Tokyo (Nikkei Average) up 1.9%
Hong Kong (Hang Seng Index) up 0.3% (at break)
Shanghai (Shanghai Composite Index) down 0.1%  (at break)
Sydney (S&P/ASX 200) up 0.8%
Seoul (Kospi) up 1.1%
Mumbai (Sensex) up 1.4%
Taipei (Taiex) up 0.2%

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Epic Research Singapore : Sgx Singapore Opening Market Update

SINGAPORE share prices opened higher on Monday with the Straits Times Index up 4.61 points to 3,257.16.

Volume was 90.3 million shares worth S$82.4 million.

Gainers outnumbered losers 85 to 7

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Epic Research Singapore : Current Market Update

Tokyo (Nikkei Average) down 0.4%
Hong Kong (Hang Seng Index) up 0.5% (at break)
Sydney (S&P/ASX 200) flat
Seoul (Kospi) down 0.2%
Mumbai (Sensex) up 0.2%
Taipei (Taiex) up 0.8%
 
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Epic Research Singapore : Current Market Update

Tokyo (Nikkei Average) up 0.2%
Hong Kong (Hang Seng Index) down 1.5%
Shanghai (Shanghai Composite Index) up 0.1%
Sydney (S&P/ASX 200) up 0.1%
Seoul (Kospi) down 0.3%
Mumbai (Sensex) up 0.9%
Taipei (Taiex) down 0.7%

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