Sgx report  03 september 2013
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Sgx report 03 september 2013

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Epic Research Singapore Is An ISO 9001-2008 Certified Company .A Leading Financial Services Provider With Presence in Global Capital Markets.

Epic Research Singapore Is An ISO 9001-2008 Certified Company .A Leading Financial Services Provider With Presence in Global Capital Markets.

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    Sgx report  03 september 2013 Sgx report 03 september 2013 Document Transcript

    • DAILY REPORT 03rd SEPTEMBER Y O U R M I N T V I S O R Y Page 1 Singapore stocks tumbled by the most among developed markets last month as investors pulled cash from Southeast Asia on concern about the future of global stimulus. Singapore’s Straits Times Index, the benchmark gauge for the region’s biggest market, dropped 7.5 percent in the 10 days through Aug. 28, its longest losing streak since 2002. The gauge slumped 6 percent in August, the worst performance among the world’s developed equity markets. Jardine Cycle & Carriage Ltd., the largest shareholder of Indonesia’s PT Astra International (ASII), and commodities trader Olam International Ltd. led declines. Stocks in Southeast Asia sank faster than global equities on signs regional economic growth is slowing and as Federal Reserve policy makers prepare to reduce U.S. bond buying that had prompted investors to buy riskier assets. Investors pulled $2.2 billion from Thailand, Indonesia and the Philippines in August, after plowing $6.8 billion into the markets in 2012, data compiled by Bloomberg show. TOP GAINERS & LOSERS TOP GAINER % Change Jardine Cycle & Carr... +3.11% Noble Group Ltd +2.47% DBS Group Holdings L... +2.34% SembCorp Marine Ltd +1.91% Global Logistic Prop... +1.85% United Overseas Bank... +1.81% Genting Singapore PL... +1.52% SIA Engineering Co L... +1.30% Oversea-Chinese Bank... +1.21% CapitaMall Trust +1.08% TOP LOSER % Change StarHub Ltd -1.19% ComfortDelGro Corp L... -1.08% CapitaLand Ltd -0.66% Jardine Matheson Hol... -0.60% CapitaMalls Asia Ltd -0.56% Singapore Exchange L... -0.28% Sembcorp Industries ... 0.00% Hutchison Port Holdi... 0.00% Wilmar International... 0.00% Golden Agri-Resource... +0.89% Snapshot for Straits Times Index STI (FSSTI) Open 3,037.59 Previous Close 3,028.94 Year To Date -0.97% 1-Year +4.15% Day Range 3,032.10-3,057.16 52-Week Range 2,931.60- 3,464.79 Straits Times Index (STI)
    • DAILY REPORT 03rd SEPTEMBER Y O U R M I N T V I S O R Y Page 2 STOCK RECOMMENDATION BUY DBS GROUP HOLDING ABOVE 16.200 TG 16.280, 16.380, 16.400 SL 16.100 Disclaimer The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up on sources that we consider reliable. This material is for personal information and based upon it & takes no responsibility The information given herein should be treated as only factor, while making investment decision. The report does not provide individually tailor-made investment advice. Epic research recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Epic research shall not be responsible for any transaction conducted based on the information given in this report, which is in violation of rules and regulations of NSE and BSE. The share price projections shown are not necessarily indicative of future price performance. The information herein, together with all estimates and forecasts, can change without notice. Analyst or any person related to epic research might be holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyone can be held responsible for . Any surfing and reading of the information is the acceptance of this disclaimer. All Rights Reserved. Investment in equity & bullion market has its own risks. We, however, do not vouch for the accuracy or the completeness thereof. We are not responsible for any loss incurred whatsoever for any financial profits or loss which may arise from the recommendations above epic research does not purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid or Unpaid), any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken. Give us a missed call at +6531581402 Visit us @ www.epicresearch.sg