SGX Stock Recommendations

MARKET UPDATES :

• The Straits Times Index (STI) ended +7.05 points higher or +0.21% to 3426.22, taking the year-to-date performance to +1.81%.

• The FTSE ST Mid Cap Index gained +0.28% while the FTSE ST Small Cap Index declined -0.07%. The top active stocks were Sing-Tel (+0.48%), OCBC Bank (-1.33%), DBS (-0.36%), Wilmar Intl (+2.48%) and Keppel Corp (+1.39%).

• The outperforming sectors today were represented by the FTSE ST Oil & Gas Index (+1.35%). The two biggest stocks of the FTSE ST Oil & Gas Index are Keppel Corp (+1.39%) and Sembcorp Industries (+0.48%). The underperforming sector was the FTSE ST Basic Materials Index, which declined -1.53% with Midas Holdings’s share price declining -3.03% and Geo Energy Resources’s share price declining-0.51%.

• The three most active Exchange Traded Funds (ETFs) by value today were the IS MSCI India (+2.69%), DBXT MSCI USA ETF (unchanged), Nikko AM Singapore STI ETF (+0.29%).

• The three most active Real Estate Investment Trusts (REITs) by value were Ascendas REIT (unchanged), CapitaCom Trust (+1.14%), CapitaMall Trust (unchanged).

• The most active index warrants by value today were HSI25000MBeCW150330 (+15.56%), HSI24600MBeCW150330 (+9.42%), HSI25000MBeCW150429 (+10.71%).

• The most active stock warrants by value today were DBS MB eCW150420 (-7.63%), OCBC Bk MBeCW150413 (-20.00%), Wilmar MBeCW150901 (+1.52%).

Current Market Update

Tokyo (Nikkei Average NIK, +0.47% ) up 0.5%
Hong Kong (Hang Seng Index HSI, +0.21% ) up 0.2% 
Shanghai (Shanghai Composite Index SHCOMP, +0.24% ) up 0.2% (at break) 
Sydney (S&P/ASX 200 XJO, +0.10% ) up 0.1% 
Seoul (Kospi SEU, +0.12% ) up 0.2% 
Mumbai (Sensex 1, +0.53% ) up 0.3% 
Taipei (Taiex Y9999, +0.35% ) closed for holiday

Asian Market Update

Asian markets advanced on Monday following a record close on Wall Street, while Greece's leadership said it was upbeat that it could hammer out a new debt deal with its European creditors.

Japanese shares were supported by data showing the economy had exited recession, although gains were tempered as it grew at a slower pace than expected.

Tokyo was up 0.66 per cent by the break. Hong Kong added 0.14 per cent in morning trade, Sydney was flat, Shanghai put on 0.10 per cent and Seoul was 0.10 per cent higher.

Greek Finance Minister Yanis Varoufakis will Monday meet his counterparts from the eurozone in Brussels to get their backing for an overhaul of the austerity-laden bailout, which Athens says has crippled the country's economy.