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DAILY REPORT 29th NOVEMBER

Snapshot for Straits Times Index STI (FSSTI)


Open Previous Close Year To Date 1-Year Day Range 52-Week Range 3,178.73 3,172.06 +3.54% +9.18% 3,174.57 3,199.89 2,990.68 - 3,464.79

Straits Times Index (STI)

TOP GAINERS & LOSERS


TOP GAINERS
2.50% 2.00% 1.50% 1.00% 0.50% 0.00% GLP CIT JS SCI JM UOB WIL DBS ST

TOP GAINER Global Logistic Prop... City Developments Lt... Jardine Strategic Ho... Sembcorp Industries ... Jardine Matheson Hol... United Overseas Bank...
GEN S

% Change +2.06% +1.62% +1.36% +0.94% +0.93% +0.86% +0.85% +0.82% +0.50% +0.34% % Change -1.18% -1.03% -0.61% -0.53% -0.51% -0.23% 0.00% 0.00% 0.00% +0.45%
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Wilmar International... DBS Group Holdings L... Singapore Technologi... Genting Singapore PL... TOP LOSER Hongkong Land Holdin... Thai Beverage PCL SIA Engineering Co L... Singapore Telecommun... ComfortDelGro Corp L... StarHub Ltd Golden Agri-Resource... Hutchison Port Holdi... Noble Group Ltd Sembcorp Marine Ltd

% Change 2.06 1.62 1.36 0.94 0.93 0.86 0.85 0.82 0.50 0.34

TOP LOOSERS 0.60% 0.40% 0.20% 0.00% -0.20% -0.40% -0.60% -0.80% -1.00% -1.20% -1.40%
HKL %Change -1.

THB SIE EV -1. -0.

ST -0.

CD STH -0. -0.

GG R 0.0

HP HT 0.0

NO SM BL M 0.0 0.4

YOUR MINTVISORY

DAILY REPORT 29th NOVEMBER

MARKET UPDATES & STOCK RECOMMENDATION Japan's Octobers CPI inflation is projected to be 1.1% YoY, only slightly higher than 1.0% in the preceding month. Energy price inflation has eased as a result of the recent correction in global oil prices. The key economic data for October will be released tomorrow. Industrial production is expected to register a positive growth of around 2% MoM sa, mirroring the rise in PMI, exports and production forecast index during the same month. Still, it seems that the momentum of growth has slowed compared to the first half of this year. Despite the sharp depreciation of the yen, there is so far little evidence that a weaker yen has effectively boosted Japans export competitiveness measured by the market occupation rates of key export products. Meanwhile, domestic consumer confidence has deteriorated sharply following Octobers announcement of raising the consumption tax. October retail sales, released this morning, showed a decline of -1% MoM. Excluding the distortion from the upcoming consumption tax hike, CPI numbers are expected to remain stable at about 1% in 1H14 before falling back in 2H14. In order to fulfill the commitment of achieving the 2% inflation target, the BOJ will likely remain under pressure to ease policy in 2014. Interra Resources Limited announced to its shareholders that its wholly owned subsidiary, Goldwater TMT Pte. Ltd. (GTMT), has commenced drilling development well TMT-58 at the Tanjung Miring Timur (TMT) field in South Sumatra, Indonesia. GTMT has 100% operating interest in the Technical Assistance Contract of the TMT field and the cost of drilling will be funded from existing funds on hand. Recent ground checks on CapLands China projects suggest that it is gradually establishing an edge in large-scale mixed developments. Asset build is on track and retail footfalls are encouraging. Its attitude of improving returns at the project level is also a positive. CapitaMall Trust Management Limited, announced that S$65.1 million of the net proceeds -- which is equivalent to 26.5% and 26.0% of the net proceeds and gross proceeds of the private placement, respectively -- from its recent private placement has been used to pay for certain committed capital expenditure and asset enhancement initiatives of the portfolio of properties of CMT.

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