Hong Kong, Shanghai: Stocks down at open

Shares in Hong Kong and Shanghai dipped in the first few minutes on Thursday as investors await the release of closely watched Chinese trade data later in the day.

The Hang Seng Index fell 0.16 per cent, or 36.85 points, to 23,704.96.

The benchmark Shanghai Composite Index edged down 0.06 per cent, or 1.98 points, to 3,089.95, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, slipped 0.07 per cent, or 1.44 points, to 2,043.11.
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Australia shares languish ahead of US payrolls; NZ slightly lower

Australian shares lost ground for a third consecutive session on Friday as apprehension mounted around potentially robust US jobs data, expected later in the day, which could bolster the argument for a US Federal Reserve rate rise in the near term.

The market also took cues from overnight moves on Wall Street, where stocks were flat with gains in the tech sector offsetting a disappointing US factory activity report and lower oil prices.

The S&P/ASX 200 index shed 52 points, or one per cent, to 5364.1 by 0316 GMT. The benchmark finished 0.3 per cent lower on Thursday.

Strength in the US labour market has inspired hawkish comments from some Federal Reserve officials of late, with vice chair Stanley Fischer and Cleveland Fed President Loretta Mester both hinting at an imminent rate hike.
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Taiwan: Stocks fall; tech, shipping counters help limit losses

Taiwan stocks fell on Friday in keeping with nervousness in some overseas markets, but losses were limited as key technology and shipping stocks rose.

Some Asian shares were weak on uncertainty over the potential for a strong US nonfarm payrolls number later in day - and with it an elevated chance of a Federal Reserve rate hike soon.

As of 0230 GMT, the main Taiex index fell 0.5 per cent to 8,960.75, after closing down 0.8 per cent in the previous session.

The electronics subindex sank 0.8 per cent, while the financials subindex lost 0.2 per cent.
But some share gains were coming on back of troubles at rival companies that could bolster business for the Taiwanese listed firms.

Shares in Hon Hai Precision were up 1.5 per cent. Hon Hai is a major assembler for Apple Inc's popular iPhones, and the latest version of iPhones are expected to launch later this month and compete with smartphones by rival Samsung Electronics Co.
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Hong Kong: Stocks open higher

Hong Kong stocks rose in the first few minutes of trade Friday as investors brushed off a shock dip in US manufacturing activity and looked ahead to the release of jobs data later in the day.

The Hang Seng Index added 0.33 per cent, or 76.02 points, to 23,238.36.

But the benchmark Shanghai Composite Index slipped 0.19 per cent, or 5.82 points, to 3,057.49 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, edged down 0.15 per cent, or 3.05 points, to 2,014.41.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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Hot stock: Telcos fall on potential entry of 4th operator

SINGAPORE'S telcos fell on Friday after three firms formally submitted their bids to take part in an airwaves auction that could lead to the nation's fourth telco.

By 9.15am, Singtel was down seven cents to S$3.90 or 1.8 per cent; StarHub was down 15 cents to S$3.48, or 4.1 per cent; M1 was down 16 cents to S$2.50, or 6 per cent.

All three were among the top 10 stocks by value traded.

The contenders are newly formed company airYotta Pte Ltd; fibre broadband services provider MyRepublic; and TPG Telecom, a provider of telco services in Australia.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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Taiwan: Stocks dip to over one-week low; financial shares drop

Taiwan stocks fell on Thursday, tracking declines in overseas markets, with selling led by heavyweights in the financial sector.

Shares in Mega Financial Holding Co Ltd, which closed down for nine in 10 trading sessions, slipped 1.9 per cent early in the trade, following its chairman's resignation on Wednesday.

Shiu Kuang Si resigned from all his positions at the Taiwanese financial firm after its banking unit was fined last month for breach of anti-money laundering regulations in New York.

As of 0225 GMT, the main Taiex index dropped as much as 0.9 per cent to 8,980.21, to hit the lowest since August 22. The bourse closed down 0.5 per cent in the previous session.

The electronics subindex lost 0.5 per cent, while the financials subindex sank 1.1 per cent.

The Taiwan dollar firmed NT$0.013 to T$31.713 per US dollar.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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Seoul: Won, stocks tread water; major economies' data awaited

The South Korean won and shares made only small moves early on Wednesday, with many investors staying on the sidelines as views on how soon US interest rates will rise changing often.

The won stood at 1,116.7 as of 0214 GMT, up 0.3 per cent from Tuesday's close of 1,119.9.

The Korea Composite Stock Price Index (Kospi) was down 0.3 per cent at 2,034.60 points.

Jung Sung-yoon, a foreign exchange analyst at Hyundai Futures, expects moves could get sharper as economic indicators from major economies including the US and China come out in the near future.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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Tokyo: Shares edge lower as soft data offsets weak yen

Tokyo shares ended slightly lower on Tuesday as tepid data and profit-taking from the previous day's sharp jump offset a weaker yen.

The benchmark Nikkei 225 index slipped 0.07 per cent, or 12.13 points, to close at 16,725.36, while the broader Topix index of all first-section shares ticked down 0.03 per cent, or 0.43 point, to 1,312.81.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

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Australia shares bounce on Wall Street, financials lead; NZ stocks up

Australian shares bounced on Tuesday, supported by overnight strength on Wall Street and upbeat US consumer spending data, with gains in the financial sector leading the way.

The S&P/ASX 200 index rose 28.2 points, or 0.5 per cent, to 5497.6 by 0245 GMT, after hitting its lowest in over a month in the previous session due to concerns of a near-term US interest rate hike.

But strong US consumer spending, which accounts for more than two-thirds of US economic activity, lifted the mood.

Investors are now turning their attention to US payroll data later on Friday to gauge if the Federal Reserve might be in a position to raise rates before year-end.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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Asia: Most markets slump, Tokyo soars on US rate talk

Japanese stocks rallied on a weaker yen but other Asian markets retreated Monday after Federal Reserve chief Janet Yellen hinted at a US interest rate hike by the end of the year.

In a much-anticipated speech Friday Yellen said a pick-up in the world's top economy and an improvement in the jobs market meant "the case for an increase in the federal funds rate has strengthened in recent months".

While there is speculation rates could rise as early as next month, most experts had said that is unlikely and that December or February would be safer bets.

Yellen did not give a timeframe during her speech at the annual Jackson Hole symposium of global central bankers, but Fed vice chairman Stanley Fischer later said September was a possibility.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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Australia: Shares at 1-month low on US rate rise concerns

Australian stocks fell for a third straight session on Monday to their lowest in over a month as sentiment was dampened by comments from top US Fed officials raising the possibility of an interest rate hike this year.

The S&P/ASX 200 index fell 0.4 per cent as of 0232 GMT. The benchmark lost 0.5 per cent last Friday.

Fed chair Janet Yellen told a global monetary policy conference last Friday that the case for a rate increase had grown stronger, but she did not indicate when the Fed might hike rates.

However, Fed vice chair Stanley Fischer suggested a move could come at the central bank's September policy meeting if the economy was doing well.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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Hong Kong, Shanghai: Stocks open down after Yellen rate hike hint

Shares fell in the first few minutes of trade in Hong Kong Monday after Federal Reserve boss Janet Yellen suggested US interest rates could be lifted before the end of the year.

The Hang Seng Index slipped 0.16 per cent, or 36.28 points, to 22,873.26.

And the benchmark Shanghai Composite Index edged down 0.06 per cent, or 1.85 points, to 3,068.46, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, slipped 0.07 per cent, or 1.41 points, to 2,021.68.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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New Silkroutes responds to SGX trading query

NEW Silkroutes Group said on Tuesday it is not aware of any information not previously announced that triggered the unusual movements in its shares.

In response to Singapore Exchange's (SGX) query earlier in the day, the group said that in the interest of providing full disclosure to the public and after exploring possible explanations for the trading, it intends to release the announcement of its full-year financial results after trading hours on Tuesday.

There will also be a media release on the group's oil and gas unit's performance before trading hours on Wednesday.

"Further to the above and as previously disclosed in the announcement released on Aug 5, 2016, in response to SGX's query regarding its trading activity, the company constantly reviews options and explores opportunities to enhance shareholders' value as part of the group's strategy."

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Last week’s Volume Jumpers led by ‪‎Delfi‬, ‪‎JardineStrategic‬ & ‪NobleGroup‬

Last week’s Volume Jumpers led by ‪#‎Delfi‬, ‪#‎JardineStrategic‬ & ‪#‎NobleGroup‬
Of the active SGX-listed stocks, Delfi saw the biggest volume leap last week, with weekly volume three ti

Jardine Strategic Holdings bought back a total of 1,245,356 shares on Thursday & Friday which brought its weekly volume to twice its recent average. Noble Group traded weekly volume at 1.8 times its recent average, with higher intraday volatility and its share price declining 4.9% on the week.

Two REITs were amongst the 10 active stocks with the biggest leap in last week’s volume. They were SPH REIT and Mapletree Commercial Trust. The duo averaged a 0.9% total return last week which was twice the return of the SGX S-REIT 20 Index.

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SINGAPORE IFOREX UPDATE BY EPIC RESEARCH ON 08th AUG'2016

EUR/USD is currently trading with a slight bullish bias. Yesterday, the pair traded perfectly

short as previously forecasted and even hit our first target at 1.1112. The daily candle is

still pretty much bearish and may push the price further to the lower side but should not

go beyond 1.1047. Thus, during this intraday, we wait for the current upward retracement

to reverse from 1.1159 from where we’ll be looking for low risk sell opportunities. This

view can only be invalidated in case the pair end up above 1.1159. This pair should be

traded alongside EUR/HKD, GBP/USD and EUR/SGD. These pairs have a strong positive correlation
GBP/USD is currently trading with a slight bullish bias. Unfortunately our SL was hit when
the price broke below 1.3280 and even went below 1.3145. The current chart setup and
structure conveys a bearish sentiment, which means the current upward rally is a mere
retracement and should not go beyond 1.3224 from where we’ll be looking for potential
low risk sell orders. This pair should be traded alongside GBP/CHF, GBP/JPY, GBP/NZD, and
GBP/CAD. These pairs have a strong positive correlation of up to +0.86 and will have a
similar price action during this intraday.

of up to +0.96 and will have a similar price action during this intraday.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 COMEX UPDATE BY EPIC RESEARCH ON 08th AUG'2016

Nickel futures were trading higher during the evening trade in the domestic market on Friday as participants widened

their bets amid a pick up in demand from alloy-makers at the domestic spot market.Further a rise in domestic demand

from alloy-makers at the domestic spot markets buoyed the up trend in nickel prices at the futures trade.

 Oil prices eased in early trading on Friday, but remained well above this week's lows as traders covered short positions

after profiting from sharp declines since June.U.S. West Texas Intermediate (WTI) crude futures CLc1 were trading at

$41.81 per barrel at 0029 GMT, down 12 cents from their last close but still up over 6 percent from their low fo the

week on Tuesday.

 Gold prices rose to four-week highs on Friday, as the Bank of England’s decision to lower interest rates continued to

support and as investors eyed the release of key U.S. employment data due later in the day.On the Comex division of

the New York Mercantile Exchange, gold futures for December delivery were up 0.23% at $1,370.55.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 stocks trade higher on Monday

SINGAPORE'S stock markets opened higher on Monday with the benchmark Straits Times Index up 23.15 points or 0.82 per cent at 2,851.32 by 9.04am. This followed gains from the US on Friday and Tokyo markets on Monday.

Tokyo stocks opened sharply higher on Monday following another record on Wall Street after traders welcomed strong US jobs data. The benchmark Nikkei 225 index rallied 1.28 per cent, or 207.84 points, to 16,462.29 in opening deals, while the broader Topix index of all first-section shares soared 1.23 per cent, or 15.71 points, to 1,295.61.

On Singapore's bourse, some 79.9 million shares worth S$81.9 million had changed hands by 9.04am, with gainers outnumbering losers 109 to 51.

The three local banks were among the highest value traded counters, with UOB up seven cents to S$18.00, DBS up seven cents to S$14.90, and OCBC up nine cents to S$8.40.
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Singapore shares open lower on Friday; STI down 0.06% to 2,830.22

SINGAPORE shares slipped early on Friday, with the Straits Times Index (STI) easing by 0.06 per cent, or 1.74 points, to 2,830.22 as at 9.04 am.

However, gainers outnumbered losers 77 to 48, or about three up for every two down, after 74 million shares worth S$125.2 million had changed hands.

DBSGroup Holdings slipped by 0.5 per cent, or eight Singapore cents, to S$14.96 as at 9.03 am amid concerns about the bank's exposure to the oil and gas sector following client Swiber Holdings' winding-up application.

Genting Singapore slid 4.4 per cent, or 3.5 Singapore cents, to 76 Singapore cents. The casino operator reported overnight that it had narrowed its second-quarter loss to S$10.5 million from a year-ago S$16.9 million.

To Know More Updates about any stocks of ‪#‎SGX‬ Register Here http://goo.gl/KK2LDJ


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SINGAPORE I-FOREX UPDATE BY EPIC RESEARCH

EUR/USD is currently trading with a bullish bias. Yesterday, the pair traded perfectly long as

previously forecasted but is yet to reach our set target resistance level at 1.1239. The daily

candle is still pretty much bullish and will likely push the price further to the upper side.

Thus, during this intraday, we expect a possible bullish price rally towards 1.1239 or even

higher to 1.1264. This pair should be traded alongside EUR/JPY, AUD/USD, NZD/USD and

GBP/USD. These pairs have a strong positive correlation of up to +0.96 and will have a similar

price action during this intraday.




The pound slipped lower against the U.S. dollar on Wednesday, after data showed that

U.K. service sector activity contracted for the first time in more than three years and as investors

eyed the Bank of England’s policy meeting on Thursday.GBP/USD hit 1.3287 during

European morning trade, the session low; the pair subsequently consolidated at 1.3334,

edging down 0.17%.Cable was likely to find support at 1.3169, the low of August 2 and resistance

at 1.3480, the high of July 15.Research group Markit said its U.K. services purchasing

managers’ index dropped to 47.4 last month from a reading of 52.3 in June. It was

the lowest level since December 2012.The weak data added to expectations for a rate cut



by the BoE at its policy meeting on Thursday.
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Asian markets edge up, but Nikkei reverses early gains Concerns over monetary easing weigh on Japan

Shares in Asia were broadly higher Thursday on an overnight rebound in oil prices, though Japan’s Nikkei reversed early gains amid uncertainties over monetary easing.

Oil price weakness had weighed on the region’s stocks in recent days, but prices moved back above the $40 a barrel mark late Wednesday following a larger-than-expected decline in gasoline inventories.

Among major commodity-reliant markets, Australia’s S&P/ASX 200   was up 0.3% at 5483.50, while the FTSE Bursa Malaysia Index   gained 0.3% and Singapore’s Straits Times Index   was up 0.1%. Brent crude prices were last up 0.7% in Asian trade at $43.39 a barrel.

Companies linked to the oil and gas sector were the key outperformers early Thursday, and in Singapore, shares of major oil rig builders Keppel Corp.   and Sembcorp  gained 0.6% and 0.8%, respectively.

Still, overall gains for the rest of the region were capped, with the Korean Kospi   up 0.2%, and Hong Kong’s Hang Seng Index   rising 0.4%. Meanwhile in China, the Shanghai Composite Index   was down 0.4%.

“Concerns around Japanese stimulus are still disappointing the market,” said Alex Wijaya, a senior sales trader at CMC Markets.

An apparent lack of commitment to more easing by Bank of Japan Deputy Governor Kikuo Iwata on Thursday offset oil-related support for local stocks, sending the Nikkei Stock Average   down 0.6% and reversing from slight gains at the session’s open.

“I believe the BOJ will continue its accommodative monetary policy and its role as a buyer in the bond market,” said Yoshihiro Okumura, general manager of research at Chibagin Asset Management.

“But there is wide ranging speculation about what might be tweaked now. It’s going to be volatile for the markets,” he said.

Shares of many Japanese firms reacted to their earnings results, with carmaker Suzuki Motor Corp  rising 4.4% to ¥3202, after the company posted solid profit growth in the April-June quarter, helped by sales expansion in India and Europe. Meanwhile, optics product maker Olympus Corp.   tumbled 5.9% to ¥3,200 after the company cuts its sales and profit forecasts for the year ending in March 2017, citing the yen’s rapid rise.

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