EPIC RESEARCH SINGAPORE - Daily SGX Singapore report of 19 April 2016

1. SGX Market Insight  Market Commentary  Market Statistics  Economic Calendar  Index Analysis  Daily Stock Signal EPIC RESEARCH SINGAPORE

2. SGX Market Insight Date: 19– Apr SINGAPORE MARKET INSIGHT The Straits Times Index (STI) ended 6.19 points or 0.21% lower to 2917.75, taking the year-to-date performance to +1.21%. The top active stocks today were SingTel, which gained 0.52%, DBS, which declined 0.44%, Keppel Corp, which declined 1.96%, UOB, which declined 0.71% and OCBC Bank, with a 0.11% fall. The FTSE ST Mid Cap Index declined 0.20%, while the FTSE ST Small Cap Index declined 0.26%. The outperforming sectors today were represented by the FTSE ST Utilities Index, which rose 0.62%. The two biggest stocks of the In- dex - Keppel Infrastructure Trust and SIIC Environment Holdings – ended unchanged and 0.70% higher respectively. The underperforming sector was the FTSE ST Technology Index, which slipped 2.22%. Silverlake Axis shares declined 2.48% and CSE Global declined 2.17%. The three most active Exchange Traded Funds (ETFs) by value today were: Ishares USD Asia Bond ETF (-0.09%), Ishares USD Asia HY Bond ETF (-0.10%), STI ETF (-0.34%) The three most active Real Estate Investment Trusts (REITs) by value were: Ascendas REIT (-0.40%), Capitacom Trust (-0.70%), Capitamall Trust (-0.46%) The most active index warrants by value today were: HSI20800UBeCW160629 (-6.98%), HSI20000MBePW160629 (+3.53%), HSI21400MBeCW160530 (-12.17%) The most active stock warrants by value today were: NKY 15500MBePW160610 (+9.72%), UOB MB eCW160704 (-15.28%), OCBC Bk MB eCW161003 (-2.56%) TOP 5 VALUE TRADED Counter Name Code Last Change ▲SingTel Z74 3.860 +0.020 ▼DBS D05 15.620 -0.130 ▼Keppel Corp BN4 5.990 -0.130 ▼UOB U11 19.420 -0.210 ▼OCBC Bank O39 9.230 -0.060 SGX Market Insight Report By Epic Research Singapore www.epicresearch.sg

3. SGX Market Insight Date: 19– Apr TOP 5 GAINERS Counter Name Code Last Change ▲Jardine C&C C07 43.240 +0.440 ▲JMH USD J36 58.500 +0.300 ▲JSH USD J37 31.030 +0.190 ▲Innovalues 591 1.050 +0.060 ▲SIA C6L 11.450 +0.060 TOP 5 LOSERS Counter Name Code Last Change ▼UOB U11 19.420 -0.210 ▼Great Eastern G07 22.290 -0.190 ▼DBS D05 15.620 -0.130 ▼Keppel Corp BN4 5.990 -0.130 ▼CityDev C09 8.750 -0.070 TOP 5 VOLUME Counter Name Code Last Change Ezra 5DN 0.102 -0.002 ▼Cedar Strategic 530 0.002 -0.001 ▲Noble N21 0.435 +0.005 ▲Parkson Retail O9E 0.215 +0.024 ▼Spackman 40E 0.130 -0.005 SGX Market Insight Report By Epic Research Singapore www.epicresearch.sg

4. SGX Market Insight Date: 19– Apr TOP 5 REITS GAINERS Counter Name Code Last Change ▲Fortune Reit HKD F25U 8.450 +0.240 ▲ParkwayLife Reit C2PU 2.480 +0.020 ▲CapitaR China Tr AU8U 1.455 +0.005 ▲Croesus RTrust S6NU 0.840 +0.005 ▲Indiabulls Trust BESU 0.198 +0.005 TOP 5 REITS LOSERS Counter Name Code Last Change ▼Mapletree Ind Tr ME8U 1.615 -0.020 ▼Ascott Reit A68U 1.110 -0.015 ▼Ascendas Reit A17U 2.510 -0.010 ▼CapitaCom Trust C61U 1.420 -0.010 ▼CapitaMall Trust C38U 2.160 -0.010 TOP 5 REITS VALUE TRADED Counter Name Code Last Change ▼Ascendas Reit A17U 2.510 -0.010 ▼CapitaCom Trust C61U 1.420 -0.010 ▼CapitaMall Trust C38U 2.160 -0.010 ▲Suntec Reit T82U 1.695 +0.005 Mapletree GCC Tr RW0U 0.970 - SGX Market Insight Report By Epic Research Singapore www.epicresearch.sg

5. SGX Market Insight Date: 19– Apr Sector Volume Values($) Rises Falls Unchanged Properties 124,849,000 160,377,604 28 29 25 Multi-Industry 21,304,200 71,683,990 2 8 9 Construction 27,241,400 2,218,909 7 13 19 Commerce 108,143,700 48,652,141 19 22 59 Hotels/Restaurants 1,639,200 1,139,260 3 5 10 Transport/Storage/ Communications 111,213,900 114,877,327 11 17 15 Finance 18,417,200 149,865,017 10 11 22 Manufacturing 191,193,300 92,819,702 47 50 149 Services 223,024,720 68,839,432 22 57 79 Agriculture 30,614,500 18,218,164 3 2 4 Mining 47,939,300 4,692,029 2 9 5 Electricity/Gas/Water 4,446,400 2,332,728 1 0 1 Shares in Foreign Cur- rencies 16,803,978 79,429,718 14 21 100 Total 926,830,798 815,146,021 169 244 497 SGX Market Insight By Epic Research Singapore www.epicresearch.sg

6. SGX Market Insight Date: 19– Apr ECONOMIC CALENDAR Event Event Monday, April 18, 2016 Time Time Cur. Cur. Forecast Forecast Previous Previous 04:15 NZD CPI (QoQ) (Q1) -0.5% 04:15 NZD CPI (YoY) (Q1) 0.1% 12:00 INR WPI Inflation (YoY) (Mar) Tuesday, April 19, 2016 India - Mahavir Jayanti -0.77% -0.91% All Day Holiday 18:00 USD Building Permits (MoM) (Mar) -2.2% 18:00 USD Building Permits (Mar) 1.200M 1.177M 18:00 USD Housing Starts (Mar) 1.188M 1.178M 18:00 USD Housing Starts (MoM) (Mar) Wednesday, April 20, 2016 Exports (YoY) (Mar) 5.2% 05:20 JPY -4.0% 05:20 JPY Trade Balance (Mar) 243B 09:30 MYR CPI (YoY) (Mar) 4.2% 14:00 GBP Average Earnings Index +Bonus (Feb) 2.1% 14:00 GBP Claimant Count Change (Mar) -18.0K 14:00 GBP Unemployment Rate (Feb) 5.1% 19:30 USD Existing Home Sales (MoM) (Mar) -7.1% 19:30 USD Existing Home Sales (Mar) Thursday, April 21, 2016 Core Retail Sales (MoM) (Mar) 5.26M 5.08M 14:00 GBP -0.2% 14:00 GBP Core Retail Sales (YoY) (Mar) 4.1% 14:00 GBP Retail Sales (MoM) (Mar) -0.4% 14:00 GBP Retail Sales (YoY) (Mar) 3.8% 17:15 EUR Interest Rate Decision (Apr) 18:00 USD Philadelphia Fed Manufacturing Index (Apr) 7.0 12.4 18:00 USD Philly Fed Employment (Apr) -1.1 Friday, April 22, 2016 13:30 EUR Manufacturing PMI (Apr) 51.6 13:30 EUR Markit Composite PMI (Apr) 53.1 13:30 EUR Services PMI (Apr) 53.1 19:15 USD Manufacturing PMI (Apr) 51.5 SGX Market Insight Report By Epic Research Singapore www.epicresearch.sg

7. SGX Market Insight Date: 19– Apr CITYNEON HOLDINGS LIMITED BUY CITYNEON ABOVE 0.565 TARGET 0.590 0.630 SL 0.530 INTRADAY OUTLOOK:- SUPPORT 0.530 RESISTANCE 0.650 MARKET STRATEGY– LONG RELATIVE STRENGTH INDEX(RSI) - 82.357 SGX Market Insight Report By Epic Research Singapore www.epicresearch.sg

8. SGX Market Insight Date: 19– Apr Straits Times Index Straits Times Index dropped 11.710 point or 0.40 percent at 2,912.230 yesterday. The Straits Times Index came off from its intraday peak of 2,914.840 and low 2,892.740 . The RSI at 51.984 SGX Market Insight Report By Epic Research Singapore www.epicresearch.sg

9. EPIC RESEARCH SINGAPORE The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up on sources that we consider reliable. This material is for personal information and based upon it & takes no responsibility The information given herein should be treated as only factor, while making investment decision. The report does not provide individually tailor-made investment advice. Epic research recommends that investors inde- pendently evaluate particular investments and strategies, and encourages investors to seek the advice of a fi- nancial adviser. Epic research shall not be responsible for any transaction conducted based on the information given in this report, which is in violation of rules and regulations . The share price projections shown are not necessarily indicative of future price performance. The information herein, together with all estimates and forecasts, can change without notice. Analyst or any person related to epic research might be holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any views expressed as a recommen- dation for which either the site or its owners or anyone can be held responsible for . Any surfing and reading of the information is the acceptance of this disclaimer. All Rights Reserved. Investment in equity & bullion market has its own risks.