SGX Stock Recommendations

MARKET UPDATES :

• The Straits Times Index (STI) ended +3.13 points higher or +0.09% to 3413.26, taking the year-to-date performance to +1.43%.

• The FTSE ST Mid Cap Index gained +0.43% while the FTSE ST Small Cap Index gained +0.42%. The top active stocks were SingTel (+0.23%), DBS (-0.15%), UOB (-0.91%), OCBC Bank (+0.77%) and Noble (-0.55%).

• The outperforming sectors today were represented by the FTSE ST Basic Materials Index (+3.15%). The two biggest stocks of the FTSE ST Basic Materials Index are Midas Holdings (+5.17%) and Geo Energy Resources (unchanged). The underperforming sector was the FTSE ST Industrials Index, which declined -0.20% with Jardine Matheson Holdings’ share price gaining +0.58% and Jardine Strategic Holdings’ share price gaining +1.13%.

• The three most active Exchange Traded Funds (ETFs) by value today were the STI ETF (-0.29%), IS MSCI India (+1.02%), SPDR Gold Shares (+0.95%).

• The three most active Real Estate Investment Trusts (REITs) by value were Ascendas REIT (-1.16%), CapitaMall Trust (+0.93%), Suntec REIT (+0.53%).

• The most active index warrants by value today were HSI24200MBePW150429 (+1.82%), HSI24400MBeCW150429 (- 6.11%), HSI23600MBePW150429 (+1.43%).

• The most active stock warrants by value today were DBS MB eCW150915 (-1.18%), KepCorp MBeCW150901 (-14.29%), OCBC Bk MBeCW150803 (+3.09%).

Forex Market Update

The dollar gained against the euro Tuesday, supported by a spate of strong U.S. economic data and reports that Greece could soon run out of money.

One euro EURUSD, +0.02%  bought $1.0920, compared with $1.0946 late Monday.

The dollar USDJPY, -0.11%  was little changed at 119.69 yen, compared with ¥119.65 Monday.

The ICE U.S. Dollar Index DXY, -0.09% a measure of the dollar’s strength against a basket of six currencies, gained 0.1% to 97.1890.

The euro EURUSD, +0.03%  traded at 73.57 pence, compared with 73.20 pence late Monday. One pound GBPUSD, +0.07% bought $1.4848 compared with $1.4962.

S&P Market News Updat

U.S. stocks declined for the second straight day on Tuesday, with Dow industrials losing more than 100 points as investors grappled with a batch of better-than-expected economic reports that suggest a rate hike may be nearing.

The S&P 500 SPX, -0.61%  fell 12.92 points, or 0.6%, to 2,091.50, with all of its 10 main sectors ending with losses. Homebuilder stocks were among the bright spots, rallying after a jump in new-home sales.