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DAILY REPORT 21th OCTOBER

Snapshot for Straits Times Index STI (FSSTI) Open

3,201.47

Previous Close

3,186.62

Year To Date

+3.64%

1-Year

+7.69%

Day Range

3,188.59- 3,203.09

52-Week Range

2,931.60 - 3,464.79

Straits Times Index (STI)

TOP GAINERS & LOSERS TOP GAINERS

TOP GAINER

2.50% 2.00% 1.50% 1.00% 0.50% 0.00%

NOBL

GLP

GGR

CT

SGX

SPH

SCI

SMM OLAM JCNC

%Change 2.05% 1.97% 1.92% 1.80% 1.65% 0.96% 0.94% 0.87% 0.69% 0.57%

TOP LOSERS 0.50%

0.00%

-0.50%

-1.00%

-1.50%

-2.00% % Change

JS

UOB

ST

CMA

-1.44

-0.48

-0.27

-0.25

STE

HPHT THBEV

JM

HKL

SIE

-0.24 0.00% 0.00% 0.25% 0.31% 0.40%

YOUR MINTVISORY

% Change

Noble Group Ltd

+2.05%

Global Logistic Prop...

+1.97%

Golden Agri-Resource...

+1.92%

CapitaMall Trust

+1.80%

Singapore Exchange L...

+1.65%

Singapore Press Hold...

+0.96%

Sembcorp Industries ...

+0.94%

SembCorp Marine Ltd

+0.87%

Olam International L...

+0.69%

Jardine Cycle & Carr... TOP LOSER

+0.57% % Change

Jardine Strategic Ho...

-1.44%

United Overseas Bank...

-0.48%

Singapore Telecommun...

-0.27%

CapitaMalls Asia Ltd

-0.25%

Singapore Technologi...

-0.24%

Hutchison Port Holdi...

0.00%

Thai Beverage PCL

0.00%

Jardine Matheson Hol...

+0.25%

Hongkong Land Holdin...

+0.31%

SIA Engineering Co L...

+0.40% Page 1


DAILY REPORT 21th OCTOBER

MARKET UPDATES & STOCK RECOMMENDATION Non-oil trade grew 4.2% yoy in 3Q13, following a 1.7% rise in the preceding quarter due to what CIMB views as resilient regional demand and a nascent rebound in Singapore's domestic demand.

CITY DEVELOPMENTS LTD

First Resources Ltd announced that its indirect subsidiary, PT Pancasurya Agrindo, has acquired 49% interest in PT Setia Agrindo Jaya. The consideration for the Acquisition of Rp4.9 billion (approximately US$0.4 million) was paid in cash and financed by internal resources. SGX Catalist-listed Jubilee Industries Holdings Ltd (Jubilee) announced today that it plans to acquire a 60%-stake in a development project in Medini Iskandar in a proposed reverse takeover (RTO) which includes a profit guarantee from its vendor of RM180 million (approximately S$72 million). Jubilee said that it had entered into a conditional non-binding Memorandum of Understanding (MOU) with Jewelstone Properties Ltd (Jewelstone) to acquire its wholly-owned subsidiary, Tenderside Ventures Limited (Tenderside), for a consideration of RM150 million (or S$60 million based on the agreed average exchange rate of S$1 to RM2.50 over the 12 months prior to the MOU).

BUY CITY DEVELOPMENT LTD ABOVE 10.50 TGT. 11.10/ 11.30 SL 9.70

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Daily sgx report by epic research singapore 21st oct 2013  

Epic Research is a leading global financial services provider. Headquartered in Indore, India, Epic has offices and representatives in U.S....

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