Singapore - Market Strategy 01 (Nov 14 - Dec 25)

[winston]

Changes to STI component stocks – Jardine Matheson Holdings added, SembCorp Marine removed

Jardine Matheson Holdings will be added to the STI while Sembcorp Marine will be removed.

The changes will be effective on Sept 19.

The STI reserve list that comprises the 5 highest ranking non-constituents of the STI by market capitalisation are Mapletree Commercial Trust, Suntec Reit, Keppel Reit, Mapletree Industrial Trust and Singapore Post.

Source: DBS

[behappyalways]

SGX loses $6.1b market cap in delistings

Source: SBR

http://sbr.com.sg/stocks/news/sgx-loses ... delistings

[behappyalways]

Singapore market getting bad to worse, says Credit Suisse
http://www.theedgemarkets.com.sg/sg/art ... dit-suisse

[winston]

Feedback from marketing

“Any good news in Singapore?” was a common question during our recent marketing trip to Singapore and Malaysia.

No major pushback on our defensive high-yield names, with Venture Corp, ST Engineering and Singtel as our three must-own top picks.

We replaced Best World with Thai Bev in our 10% hit list, given its recent surge.

Maintain Overweight on REITS and property, and identified two other themes to play the Singapore market:
1) ASEAN domestic consumption, and
2) new technology.

Source: CIMB

https://brokingrfs.cimb.com/E5JRX4r-aC5 ... e63Xg2.pdf

[behappyalways]

Singapore Strains Mount as ASL Marine Seeks to Issue Shares
http://www.bloomberg.com/news/articles/ ... ains-mount

[behappyalways]

Singapore's Spreading Oil Slick
https://www.bloomberg.com/gadfly/articl ... -oil-slick

[behappyalways]

Singapore on the Spot
https://www.bloomberg.com/gadfly/articl ... n-the-spot

[behappyalways]

John Soh hit with 181 charges, Quah faces 178 charges while Goh slapped with 6
http://www.theedgemarkets.com.sg/sg/art ... -slapped-6



John Soh Chee Wen and Quah Su-Ling charged in largest market manipulation scheme in Singapore's history
http://www.theedgemarkets.com.sg/sg/art ... %E2%80%99s

[behappyalways]

SGX adds market cap test to MTP framework but extends review period to half yearly
http://www.theedgemarkets.com.sg/sg/art ... alf-yearly

[winston]

Here are the 2 biggest external risks to Singapore for 2017

By Gwyneth Yeo

Retail sales have been hit by poor consumer sentiment and a slowdown in tourism growth.

Fortunately, domestic liquidity remains healthy and unemployment is also low.

For sector-driven portfolios, Neeha recommends overweighting REITs and Healthcare, underweighting Financials, Consumer & Gaming and maintaining a neutral stance on Property Developers, TMT (tech, media, telco), Industrials and Commodities.

Its top “buy” picks are CapitaLand Commercial Trust, Keppel REIT, Venture Corp, Raffles Medical Group, United Overseas Land, Bumitama Agri, Jumbo Group, and Ezion.

The brokerage also noted that ST Engineering and DBS are best leveraged to USD strength.

It has a “sell” on OCBC, Genting Singapore, Keppel Corp and M1

Source: The Edge

http://smr.theedgemarkets.com/article/h ... up-content