SGX Stock Recommendations


MARKET UPDATES :
  • The Straits Times Index (STI) ended +13.27 points higher or +0.39% to 3376.04, taking the year-to-date per- formance to +0.32%.
  • The FTSE ST Mid Cap Index declined -0.10% while the FTSE ST Small Cap Index declined -0.57%. The top ac- tive stocks were DBS (+0.61%), SingTel (+0.48%), UOB (+0.84%), Noble (-2.11%) and OCBC Bank (-0.10%).
  • The outperforming sectors today were represented by the FTSE ST Consumer Goods Index (+1.30%). The two biggest stocks of the FTSE ST Consumer Goods Index are Wilmar International (+0.62%) and Thai Bever- age (+2.76%). The underperforming sector was the FTSE ST Basic Materials Index, which declined – 1.75% with Midas Holdings’s share price declining -1.61% and Geo Energy Resources’s share price declining – 1.04%.
  • The three most active Exchange Traded Funds (ETFs) by value today were the STI ETF (+0.60%), IS MSCI India (unchanged), DBXT CSI300 ETF (+2.50%).
  • The three most active Real Estate Investment Trusts (REITs) by value were CapitaMall Trust (unchanged), CapitaCom Trust (+1.18%), Ascendas REIT (unchanged).
  • The most active index warrants by value today were HSI24400MBeCW150429 (+10.64%), HSI23600M- BePW150429 (-13.33%), HSI23800MBePW150330 (-40.00%).

  • The most active stock warrants by value today were DBS MB eCW150420 (+3.16%), SGX MB eCW150803 (- 6.42%), UOB MB eCW150701 (+4.39%).

Forex Market Update

The euro bounced back from a 12-year low versus the dollar Monday, but the shared currency is widely expected to remain under pressure as the Federal Reserve and the European Central Bank move in opposite directions on monetary policy.

Ahead of the Federal Open Market Committee policy meeting scheduled to end Wednesday, the euro EURUSD, -0.04%  was at $1.0568 after trading as low as $1.0457, its weakest against the greenback since Jan. 10, 2003. That compared with $1.0496 late Friday in New York.

Meanwhile, the dollar was little changed versus the yen USDJPY, +0.02%   at ¥121.37, compared with ¥121.43 late Friday in New York.

The ICE dollar index DXY, +0.02% a measure of the U.S. currency against a basket of six major rivals, fell to 99.70, compared with a level of 100.19 late Friday.

The WSJ Dollar Index BUXX, +0.01% a measure of the dollar against a wider basket of major currencies, was up slightly at 89.02.

Gasoline Market Update

Nymex April gasoline RBJ5, -0.10% fell 3.4 cents, or 1.9%, to $1.729 a gallon, while April heating oil HOJ5, +0.16%  settled at $1.699 a gallon, down 1.4 cents or 0.8%.

April natural gas NGJ15, +1.47%   fell 1.1 cents, or 0.4%, to $2.716 per million British thermal units.