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Daily SGX Market News by EPIC RESEARCH 18th February 2014

Tuesday, February 18, 2014 4:06

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Open
3,048.70
Previous Close
3,038.71
Year To Date
-3.01%
1-Year
-3.76%
Day Range
3,044.50-3,071.79
52-Week Range
2953.01-3464.79

Singapore share prices opened higher on Monday with the Straits Times Index up 7.02 points to 3,045.73. Volume was 183.8 million shares worth S$87.7 million. Gainers outnumbered losers 102 to 56. Singapore shares ended higher on Monday with the Straits Times Index gaining 30.57 points to 3,069.28. Some 2.57 billion shares, valued at S$1.09 billion were traded. Gainers numbered 302 while losers numbered 134.

AFTER rising 6.0 per cent in December, Singapore’s non-oil domestic exports (NODX) went down again with a 3.3 per cent year-on-year drop in January.

Developers sold 565 private homes excluding ECs in Jan 2014, up from 259 units in Dec 2013.

United Overseas Bank shares jumped to their highest in two-and-a-half weeks on Monday on positive quarterly results, while Singapore stocks extended gains from the previous week as the rest of Asia edged up on easing concerns about emerging-market rout.

Sales of private homes by developers in Singapore fell 72.1 per cent in January compared to a year earlier, government data showed on Monday.

BUY JARDINE CYCLE ABOVE 38.000 TG 38.250, 38.600, 39.000 SL 37.740

Epic Research is a leading global financial services provider. Headquartered in Indore, India, Epic has offices and representatives in U.S.A., Singapore, Australia and Middle East. With its full fledged research operations, Epic Research has proven itself as Investment Advisory Company that produces and delivers high accuracy tips and recommendations for the Singapore market –

SGX Equities
SGX Derivatives – Futures and Options
Global Commodities – Bullion, Energy and Agri
Global Forex – Major currency pairs
Our research is based around these services:

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