STI stay with Fall

The STI dropped 0.74% with 24.64 points to 3311.37 .

Singapore Telecommunications Ltd's shares biggest loser with 5.3% fall.

Singapore Press Holdings also fall 2.06 % to Sg$4.27.

 But DBS Bank up 1.12% at Sg$17.16.

A spike in bond yields appeared to be the key factor behind the fall in share prices of Singapore-listed telecoms, Daiwa Capital Markets said in a report dated May 30.

"We find Singapore, Malaysia and Philippines telecom stocks to be vulnerable to yield spikes," it said.

The rallies seen among defensive stocks in ASEAN telecoms over the past three years had more do with falling risk premiums rather than changes in earnings outlooks, it said. As such, the recent spike in 10-year bond domestic yields in various ASEAN markets is a matter of concern, it said.

STI 5 weeks low with Property Bank Fall

SGX shares fall down lowest in 5 weeks. 
The STI dropped 1.4% to S$3,321.08 while MCSI's broadest index also show 0.5% down.

Global Logistic Properties falls 4.6 % to S$2.72 become biggest loser in STI. 

CapitaMall Trust also down 2.8%.

In Banking, United Overseas Bank dropped 3.6%. 

DBS Group Holdings also down 2% at S$16.77.

STI Flat with United Fiber, Tat Hong Profit

SGX shares got little changed just after a 5 yrs high score in last week. The STI traded flat while MSCI's broadest index shed 0.1 %.

Golden Agri-Resources Ltd's shares rose 1.7% to 1 week high f S$0.585. 

United Fiber System Ltd's equities get 23% to S$0.037 with posted a $15.6 million profit in Q1. It also boosted by a $16.9 million gain on the de-consolidation of its subsidiary, Poh Lian Construction. United Fiber come top traded stock by volume. 

Tat Hong Holdings Ltd shares also rose 1.3% to S$1.53 with posted net profit of S$18.6 million in Q1.

STI Up with SG Press Gains

STI shares get narrow up with Singapore Press Holdings Ltd in biggest gainers, as plan to establish and list a real estate investment trust (REIT).

The STI up with 0.2% to 3,403.63 while MSCI's broadest index get down 0.2 %.

Singapore Press Holdings (SPH) shares gained as much as 3.9 percent to a seven-week high of S$4.56. It was the most traded stock by value on Tuesday. The company aims to make S$1.048 billion ($829 million) by selling part of a REIT whose assets are two shopping malls.

Sembcorp Marine Ltd also rose as much as 1.6 % to S$4.48. Shares in Yoma Strategic Holdings Ltd jumped as much as 6 percent to a three-month high of S$0.88 on Tuesday, after brokerages upgraded the property developer on upbeat business prospects in Myanmar.

Yoma reported a net profit of S$11.5 million for the quarter ended March 31, up from S$2.1 million a year earlier, boosted by an increase in sales of residences and land development rights in Myanmar.

Yoma's involvement in Myanmar's telecommunication and agriculture industries could propel its share prices higher, analysts also said. The shares have risen nearly 22 percent so far this year, beating a 6.7 percent gain in the sector index.

Soilbuild Up 56% with Huge Volume in SGX

Soilbuild Construction Group Ltd's equities move up 56% on its debut in Singapore. It rise up S$0.39 from its offer price of S$0.25. Soilbuild Group also offers new 168M shares to raise nearly S$40 million. It had got two contracts in Myanmar. Its also expects to further expand. The company has a total market value of about S$259 million.

STI on 61.2 pt down fall

On 23 May, SGX noticed 1.77% fall and got closed on 3393.17. It was approxed 61.20 pt fall. It may cause due to effect of other share markets.

Keppel REIT fall down SGX Live

Keppel REIT's units fell down up to 2% with just Keppel Corporation Ltd would sell a 6.7 % stake in the trust for S$280 million.

Price down notice after a 5-1/2-year high of S$1.63 last week, outperforming a 13 % rise in the sector index.

Keppel REIT alive at S$1.57 per unit 7 sell price of $1.555 for the 180 million units or 6.7 percent of the total issued units. it remained positive on Keppel REIT because of the trust's strong office portfolio in Singapore, and retained its target price of S$1.64.

STI up with Singtel, Keppel stock

SGX Shares up with Singapore Telecom rise up high since Jan 2008 & Keppel Corp with 1 month high.

STI up with 0.1% to an intra-day high of 3,458.04. MSCI's broadest index also gained 1%.

 

Keppel Corp's shares rise a month high of S$11.09. Its crosstown rival Sembcorp Marine Ltd rose 0.9 percent to S$4.47.

SingTel also get up a 5 ½ yr high as1.5% to S$4.08. The company's Australian unit, Optus, has announced plans to roll out Australia's first multi-band 4G network. 

SingTel posted a 33 percent drop in fourth-quarter net profit, but said it will pay a final dividend of 10 cents a share, up from 9 cents a year ago.

STI again on 5.5 yr High, SIA down

SGX Shares hit up their 5 ½ yr high, beside it Singapore Airlines Ltd, Asia's second-biggest airline drop after 19 months via posting disappointing results.

STI rise with 0.5% to 3457.07, thats topped valuve since 2008, while MSCI's broadest index of Asia-Pacific' shares down 0.2% .

SIA's shares fell 4.4 % to S$10.95, a low since three weeks. Its due to company reported weaker-than-expected full-year results. It downgraded SIA to "sell" with a fair value estimate of S$10.00.

STI on Balance, Noble Down SGX Live

SGX stock keep steady state, besides it Noble Group Ltd fell down due to weak first-quarter results.

STI keep flat while MSCI's broadest index get up 0.2%.

Noble' equities fell 2.3% to S$1.07.

Noble report negative image by posting a 62% fall in first-quarter results.
Ezion Holdings Ltd's shares also rise 4.4% to remarked high S$2.39.

DBS Vickers kept its "buy" rating on the stock and upgraded its target price to S$2.52 from S$2.47.

Yongnam Holdings Ltd's equities rose 6.1 percent to S$0.35, the highest since November 2007, after the company posted a marginal rise in first-quarter net profit.

STI Up Noble Down : SGX Stock Live

SGX shares rise a little with a downfall on Noble Group Ltd's shares due to poor results in first quarter.

STI get up just 0.2% to 3451.04 pts besides it, MSCI's broadest index also shed 0.1%.

Noble's equities fell 6.3% to to S$1.045, the lowest since July 2012. Just due to first-quarter net profit fell 62 percent to $41.3 million, attributing the results to a challenging operating environment.

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SGX Stock Pick Live : Golden Agri Boost Stock

The Straits Times Index (STI) inched up 0.3 percent to 3,441.83, hovering near a 5-1/2-year high of 3,447.73 hit in the previous session.

Golden Agri-Resources Ltd boost up 4.7 % after the company posted a more than two-fold increase in quarterly net profit compared with the preceding quarter.

The company, a palm oil producer in Indonesia, said its net profit in the first three months of the year jumped 176 % to $113 million from the previous quarter, though it fell 30 percent from a year earlier.

Improvement in the company's China operations, selldown of inventory and lower operating expenses helped offset the seasonally lower production and soft palm oil prices.

OCBC Investment Research upgraded its rating on the shares of the company to "buy" from "hold", with a target price of S$0.63.

Despite the gains, Golden Agri was the worst index performer so far this year with a 15 percent decline, while the index was up nearly 2 percent. Shares were up 3.77 percent at S$0.55 at 0324 GMT.

First Resources Ltd, another palm oil firm, reported a 29.9 percent jump in its first quarter net profit. Share price rose more than 3 percent to a near one-month high of S$1.81.

SGX Index Up with Fortune REIT, Olam Profit

SGX Equities come up with again Olam International Ltd. It was just after reporting company’s
joint venture with Sanyo Foods.

STI ganed 0.2 % at 3442.45 with MSCI's broadest index shed 0.9 %.

Olam's shares gained 2.8 5 to S$1.82, a highest since November 2012.

Units of Fortune Real Estate Investment Trust (REIT) up with 5.2 % to a record high at S$8.24. The company posted a first-quarter net profit of HK$153.3 million ($19.76 million), up 16.3 percent from the previous year.

STI Up with Olam's 6 month High

STI rise up 0.6 % at 3433.96 other side MSCI's broadest index also gained 0.2%.

Olam International Ltd's shares gained up with 2.6% to S$1.77, a high value since Nov 12. Singapore palm oil company Wilmar International Ltd gained up a 23 % up in first-quarter net profit.

Sembcorp Marine Ltd's equities also rise up with 2.1% to S$4.44, the highest since April 3, 2012.

Ezion Holdings Ltd, a Singapore-based offshore service provider, said its net profit for the first three months of the year more than tripled. The company's share price rose more than 2 percent to a one-month high of S$2.19.

STI @ 5.5 Year High

SGX shares rise up by Wilmar International Ltd's come up on market estimates.

The STI up on 0.9% at 3412.18 pts with better growth since Jan 2008's 3413.5

Wilmar keep top gainer with 4.2 % to S$3.45, its highest since April 4.

SGX Market News

INSTRUMENT LAST PCT CHG NET CHG

S&P 500 1617.5 0.19% 3.080
USD/JPY 99.26 -0.07% -0.070
10-YR US TSY YLD 1.7571 -- -0.007
SPOT GOLD 1467.69 -0.08% -1.200
US CRUDE 95.76 -0.42% -0.400
DOW JONES 14968.89 -0.03% -5.07
ASIA ADRS 143.66 -0.09% -0.13

MARKET NEWS
> Nikkei up 2.8 pct to pass 14,000 after U.S. jobs data
> S&P 500 closes at record again; financials, Apple lead
> Bond yields at three-week high ahead of auctions
> Euro tripped by ECB, Aussie eyes rate decision
> Gold eases in low volume, ETF outflows in focus
> Oil up over $105 per barrel on Mideast tensions
> Key political risks to watch in Singapore

GLOBAL MARKETS-Asian shares steady on higher Wall Street
SE ASIA STOCKS-Mostly up; Malaysia at record high after election

STOCKS TO WATCH
-- DYNAMIC COLOURS LTD, INTRACO LTD
- Intraco Ltd, a trading company that owns 39.48 percent of Dynamic Colours (DCL), has made a mandatory conditional cash offer for all of DCL's issued ordinary shares at S$0.185 per share.
-- OKH GLOBAL LTD
- Property and construction firm OKH Global Ltd, formerly known as Sinobest Technology Holdings Ltd, will begin trading from 9 a.m. (0100 GMT) on the Singapore Exchange.
-- HEALTHWAY MEDICAL CORP LTD
- Healthway Medical has proposed an additional distribution
in specie to shareholders of up to 675,324 shares, representing
up to 3.38 percent of the healthcare services group.

Index Up, COSCO Crop on 4yr Low : SGX Live Stock

SGX shares come up on Monday with positive repose US investor, Beside it COSCO Crop get lowest level earning since 4 years.

The STI gained 0.4% to 3383.25 and MSCI's broadest index came up 0.9%.

COSCO Corp Ltd' equities get down more than 6 percent to S$0.815, just after company posted a 65 % down in first-quarter net profit. But it is keeping a "sell" rating with an unchanged target price of S$0.73.

Its downgraded time for Genting SGX Stock

SGX shares drop down now, after touching 5 year high level. Genting Singapore PLC drop heavly in more after 3 years.

STI was down 0.7% at 3378.60, with this MSCI's broadest index come up 0.3%.

Genting Singapore PLC's equities fell down up to 9% to S$1.47, with just company shows 44% drop in profit on core earnings. It was actively traded on friday with target price to S$1.41 from S$1.52.

STI Up with DBS Profit

SGX Shares keep up 5 year high with DBS Group Holdings gain up 4 %. Its a huge gain after 3 years.

STI received 0.9% gain to 3401, beside it, MSCI's broadest index fell down with 0.3%.

DBS Equities gear up 5% to S$17.59, peak value til May 08. DBS received profit of S$950 million, which 2% high with previous year.

Genting Singapore Plc's shares also rise up 4.23 % to S$1.64.