Daily SGX Report by Epic Research Singapore 28th Feb 2014

Page 1

DAILY REPORT 28th FEBRUARY

Straits Times Index (STI)

Snapshot for Straits Times Index STI (FSSTI) Open

3,085.54

Previous Close

3,088.25

Day Range

3,082.86 – 3,101.36

Year-to- Date

-2.12%

1-Year

-2.24%

52-Week Range

2953.01-3464.79 TOP GAINERS & LOSERS

TOP GAINERS 5.00%

TOP GAINER

4.50%

% Change

4.00%

Golden Agri-Resource...

+4.63%

3.50%

Jardine Cycle & Carr...

+2.92%

Singapore Exchange L...

+1.31%

2.00%

Sembcorp Marine Ltd

+1.24%

1.50%

Genting Singapore PL...

+1.12%

Sembcorp Industries ...

+1.10%

Singapore Airlines L...

+1.08%

CapitaMalls Asia Ltd

+0.84%

ComfortDelGro Corp L...

+0.77%

3.00% 2.50%

1.00% 0.50% 0.00%

GGR JCNC

SGX SMM GENS

SCI

SIE

CMA

CD

SIA

% Change 4.63% 2.92% 1.31% 1.24% 1.12% 1.10% 1.08% 0.84% 0.77% 0.21%

SIA Engineering Co L... TOP LOSER

TOP LOOSERS 1.00% 0.50% 0.00% -0.50% -1.00% -1.50% -2.00% -2.50%

THBE HPHT WIL V

JM

DBS

SPH

KEP

HKL NOBL CAPL

%Change -1.92 -1.59 -0.57 -0.36 -0.30 -0.24 0.10% 0.32% 0.50% 0.71%

YOUR

MINTVISORY

+0.21% % Change

Thai Beverage PCL

-1.92%

Hutchison Port Holdi...

-1.59%

Wilmar International...

-0.57%

Jardine Matheson Hol...

-0.36%

DBS Group Holdings L...

-0.30%

Singapore Press Hold...

-0.24%

Keppel Corp Ltd

+0.10%

Hongkong Land Holdin...

+0.32%

Noble Group Ltd

+0.50%

CapitaLand Ltd

+0.71% Page 1


DAILY REPORT 28th FEBRUARY

MARKET UPDATES & STOCK RECOMMENDATION

The services sector raked in 6.4 per cent more in fourth quarter sales than it did a year ago, boosted by all industries except recreation & personal services, which contracted by 1.7%. Education receipts led the way with a 15.4 per cent year-onyear jump in Q4 turnover. Financial & insurance services reported double-digit growth as well, of 12.4 per cent.

OLAM INTERNATIONAL

LifeBrandz on Thursday announced that it has signed a memorandum of understanding (MOU) with shareholders of Acteam International Co Ltd and 122 Middle Investment Pte Ltd to acquire their stakes, payable in cash and new share issue at an indicative price of S$0.012 each. Croesus Retail Trust on Thursday said it has entered into two agreements to acquire two retail properties in Tokyo, Japan - Luz Omori and NIS Wave - for 3.45 billion yen (S$42.7 million) and 10.8 billion yen (S$133.6 million) respectively.The aggregate purchase consideration of 14.3 billion yen is at a 4.7 per cent discount to the aggregate valuation of the properties.

BUY OLAM INTERNATIONAL ABOVE 1.780 TG 1.820, 1.870, 1.930 SL 1.720

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