DAILY REPORT 24th FEBRUARY

Snapshot for Straits Times Index STI (FSSTI)

Open evious Close Day Range Year-to- Date 1-Year 52-Week Range 3,103.30 3,086.64 3,096.54 3,109.80 -2.02% -2.92% 2953.01-3464.79

Straits Times Index (STI)

TOP GAINERS
4.50% 4.00% 3.50% 3.00% 2.50% 2.00% 1.50% 1.00% 0.50% 0.00%
JCNC OLA M JM JS CMT SMM UOB SGX STE SPH

TOP GAINERS & LOSERS TOP GAINER Jardine Cycle & Carr... Olam International L... Jardine Matheson Hol... Jardine Strategic Ho... CapitaMall Trust Sembcorp Marine Ltd United Overseas Bank... Singapore Exchange L... Singapore Technologi... Singapore Press Hold... TOP LOSER Noble Group Ltd Genting Singapore PL... Global Logistic Prop... ComfortDelGro Corp L... Singapore Airlines L... Thai Beverage PCL Hongkong Land Holdin... Hutchison Port Holdi... Golden Agri-Resource... Sembcorp Industries ... % Change +3.82% +3.22% +1.93% +1.59% +1.35% +0.99% +0.97% +0.87% +0.80% +0.75% % Change -3.90% -2.86% -2.45% -0.26% -0.10% 0.00% 0.00% 0.00% 0.00% +0.18%
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% Change 3.82% 3.22% 1.93% 1.59% 1.35% 0.99% 0.97% 0.87% 0.80% 0.75%

TOP LOOSERS
0.50% 0.00% -0.50% -1.00% -1.50% -2.00% -2.50% -3.00% -3.50% -4.00% -4.50%
NOBL GENS GLP CD SIA THBE V HKL HPHT GGR SCI

%Change -3.90 -2.86 -2.45 -0.26 -0.10 0.00% 0.00% 0.00% 0.00% 0.18%

YOUR MINTVISORY

DAILY REPORT 24th FEBRUARY

MARKET UPDATES & STOCK RECOMMENDATION ASCOTT Residence Trust has entered into a conditional agreement with Winner Sight Investments Ltd to acquire its first serviced residence in Dalian for 571 million yuan (S$118.6 mn). On a pro forma basis, the accretive acquisition is expected to increase its FY2013 distribution per unit by 1.5 per cent from 8.40 Singapore cents to 8.53 Singapore cents. Earnings per unit are also expected to rise after acquisition to 16.3 Singapore cents from 16.2 Singapore cents previously. HIGHER revenue recognized from construction and engineering projects caused construction group BBR Holdings to post a net profit of S$21.8 mn for its financial year ended Dec 31, 2013, 68 per cent higher than a year ago. Revenue was up 55% to S$426.3 mn. NOBLE Group's 2013 earnings tumbled 48 per cent to US$243 million, as losses on supply chain assets and from associates spiked. Net profit attributable to shareholders fell to US$243.5 million, from US$471.3 million a year ago. This translates to earnings of 3.4 US cents per share, compared with 7.06 US cents before. JARDINE CYCLE

BUY JARDINE CYCLE ABOVE 38.700 TG 39.000, 39.400, 40.000 SL 38.390

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