MARKET UPDATES :
Mainboard-listed tourism operator Straco Corporation could be getting ready to announce its acquisition of the Singapore Flyer, The Business Times understands. The firm was among the frontrunners to buy the iconic Ferris wheel by the Esplanade. Straco currently runs two aquariums and a mountain cable car service in China. Its shares have surged 157 per cent from a year ago. Straco last closed at 82 cents, near a historical high.
STOCK RECOMMENDATION :
BUY DBS GROUP HOLDING ABOVE 18.000 TG 18.100, 18.220, 18.350 SL 17.870
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