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DAILY REPORT 16th OCTOBER

Snapshot for Straits Times Index STI (FSSTI)


Open Previous Close Year To Date 1-Year Day Range 52-Week Range 3,180.69 3,179.71 +2.887% +7.54% 3,155.31 3,183.38 2,931.60 - 3,464.79

Straits Times Index (STI)

TOP GAINERS & LOSERS


TOP GAINERS

1.20% 1.00% 0.80% 0.60% 0.40% 0.20% 0.00% -0.20% -0.40%


THBE V SPH OCBC UOB DBS STH CMA WIL SIE ST -0.27

TOP GAINER Thai Beverage PCL Singapore Press Hold... Oversea-Chinese Bank... United Overseas Bank... DBS Group Holdings L... StarHub Ltd CapitaMalls Asia Ltd Wilmar International... SIA Engineering Co L... Singapore Telecommun... TOP LOSER Genting Singapore PL... Hongkong Land Holdin... Noble Group Ltd Golden Agri-Resource... CapitaLand Ltd Sembcorp Industries ... Hutchison Port Holdi... Global Logistic Prop...

% Change +0.96% +0.73% +0.59% +0.24% +0.06% 0.00% 0.00% 0.00% -0.20% -0.27% % Change -1.37% -1.24% -1.02% -0.95% -0.95% -0.75% -0.64% -0.34% -0.22% -0.08%
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%Change 0.96% 0.73% 0.59% 0.24% 0.06% 0.00% 0.00% 0.00% -0.20

TOP LOSERS
0.00% -0.20% -0.40% -0.60% -0.80% -1.00% -1.20% -1.40% -1.60% GENS % Change -1.37 HKL -1.24 NOBL -1.02 GGR -0.95 CAPL -0.95 SCI -0.75 HPHT -0.64 GLP -0.34 SMM -0.22 JCNC -0.08

SembCorp Marine Ltd Jardine Cycle & Carr...

YOUR MINTVISORY

DAILY REPORT 16th OCTOBER

MARKET UPDATES & STOCK RECOMMENDATION Malaysia's palm oil stocks rose 7% mom to 1.78m tonnes as at end-Sept 13 due to seasonal factors. However, the stock level was 5% below CIMB's and 7 % below consensus forecasts as stronger-than-expected exports and domestic consumption offset the rise in production. Palm oil exports are expected to grow at a slower rate of 6%, but are likely to be supported by the buying ahead of the Deepavali celebrations as well as stronger biodiesel usage. Advance estimates from the MTI, the Singapore economy grew by 5.1% YoY in 3Q13, much better than the streets expectations of 3.8% growth, and also better than the 4.2% growth seen in 2Q13, but OCBC notes that on a seasonally adjusted, annualized basis, the economy contracted by 1% QoQ, reversing 2Q13s 16.9 % surge. Manufacturing output fell by 3.4% QoQ, reversing the 33.5% expansion in 2Q13, while construction contracted by 8.8%, compared to 2Q13s 20.9% growth, mainly due to weaker public sector construction activities. Finally, services expanded by 1.0% after 2Q13s 12.3% rise; the financial services sector shrank as equity and foreign exchange market activities fell on tapering concerns by the Fed and tensions in Syria, DBS GROUP HOLDING

SELL DBS GROUP HOLDING BELOW 16.320, 16.220, 16.100 SL 16.500

16.400 TG

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YOUR MINTVISORY

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