SGX Stock Recommendations


MARKET UPDATES :
  • The Straits Times Index (STI) ended -6.31 points lower or -0.19% to 3398.26, taking the year-to-date perform- ance to +0.98%.
  • The FTSE ST Mid Cap Index declined -0.28% while the FTSE ST Small Cap Index declined -0.31%. The top ac- tive stocks were SingTel (unchanged), DBS (-0.05%), Noble (-6.50%), UOB (-0.39%) and OCBC Bank (+0.39%).
  • The outperforming sectors today were represented by the FTSE ST Health Care Index (+1.71%). The two big- gest stocks of the FTSE ST Health Care Index are Raffles Medical Group (+1.27%) and Biosensors International Group (+3.08%). The underperforming sector was the FTSE ST Basic Materials Index, which declined – 1.17% with Midas Holdings’s share price declining -3.13% and Geo Energy Resources’s share price unchanged.
  • The three most active Exchange Traded Funds (ETFs) by value today were the SPDR Gold Shares (-1.24%), IS MSCI India (-0.88%), ISHARES USD Asia HY Bond ETF (unchanged).
  • The three most active Real Estate Investment Trusts (REITs) by value were Ascendas REIT (+1.22%), Capita- Mall Trust (-0.48%), ParkwayLife REIT (-1.25%).

  • The most active index warrants by value today were HSI25000MBeCW150429 (-13.79%), HSI24400M- BeCW150429 (-12.10%), HSI23800MBePW150330 (+16.22%).

Natural Gas Market Update

April natural gas NGJ15, -0.37% rose 5.4 cents, or 2%, to $2.732 per million British thermal units, with prices rebounding after suffering a 5.7% decline a day earlier.

Meanwhile, Nymex April gasoline RBJ5, +0.22% fell 5.6 cents, or 3%, to end at $1.818 a gallon. April heating oil HOJ5, +0.40%  finished at $1.814 a gallon, down 2.6 cents, or 1.4%.


Oil Market Update

A surging U.S. dollar pushed oil prices on Tuesday to their lowest settlement for the month of March, ahead of data that are expected to show a ninth straight weekly rise in U.S. crude supplies.

On the New York Mercantile Exchange, crude for delivery in April CLJ5, +1.35%  settled at $48.29 a barrel, down $1.71, or 3.4%. The settlement was the lowest for a most-active contract since Feb. 26.

Brent crude for April delivery LCOJ5, +0.74% on London’s ICE Futures exchange fell $2.14, or 3.7%, to end at $56.39 a barrel.