- Regulatory Consultant
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Summary : Target Level : 1.0966 Analysis : Broke through Support level of 1.1 again |
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2/23/2016 7:15 PM ET Singapore's gross domestic product expanded a seasonally adjusted, annualized 6.2 percent on quarter in the fourth quarter of 2015, the Ministry of Trade and Industry said in Wednesday's revised final reading. That was up from January's preliminary reading that suggested an increase of 5.7 percent on quarter, and it was up from 1.7 percent in the third quarter. On a yearly basis, GDP expanded 1.8 percent in the fourth quarter, unchanged from the Q3 reading but down from the preliminary reading for 2.0 percent. For all of 2015, Singapore's GDP was up 2.0 percent. by RTT Staff Writer |
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Update
Wilmar International (WIL SP/BUY/S$3.16/Target: S$3.60)
At A Glance
Corporate
OUE: 2015 net profit falls 85.7% yoy on lack of one-off gain.
Sector
Aviation: Singapore Airshow racks up US$12.3b in deals.
Property: At least four Good-Class Bungalow (GCB) deals sealed since start of the year.
Economics
Trade: 4Q15 domestic wholesale trade shrinks 15.9% yoy.
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https://research.uobkayhian.com/content_download.jsp?id=32576&h=ca14cd6c279d15639a51915b4b7917bc
Company | Share price(S$) | Recommendation | Our Target Price(S$) | Within Expectation (Y/N) | EPS FY15 (sen) | FY15 EPS yoy (%) | Highlights of Results |
Raffles Med | 4.17 | Buy | 5.05 | In line | 12.15 | 1% | See attached comments |
As usual, I will be in office on 10/02 from 8am onwards
HAPPY CHINESE NEW YEAR~!
But for now, U.S. labor is holding up. Initial Jobless Claims have ticked increased a bit this year but not to an alarming degree. The U.S. labor market will be put to the test this week, however. Today we get the ADP employment report, while Thursday brings the latest initial claims number. Finally, on Friday we get Non-Farm Payrolls, which are expected to come in at 190,000, with the unemployment rate staying flat at 5 percent. Given the importance of labor data for the Fed, the next few days should be very interesting.