Morning Highlights

The market opened lower this morning and starts to climb up again after the pullback at around 10:30. We see a support at 2617.

 

Our Focus for Today is on Property Sector.


Here is a brief outlook of all the stocks that we are observing. 

  • For Property Sector – City Development, UOL Group, Wheelock, Allgreen, Hongkong Land andKeppel Land
  • For Ship & Marine Sector – Swiber and Sembcorp Marine
  • For Commodity – Straits Asia, Wilmar and Olam
  • For Technology Sector – Chartered Semiconductor and Venture

 

Quick Picks: Here is a quick pick screen that we have designed to pick out potential stocks, both Bullish and Bearish. These are measured with emphasis on larger changes in price and volume. [The Quick Picks referred herein contain overnight positions from Yesterday]

Bullish Stocks (Singapore)

 

Symbol

Name

Entry

SL

TSL

TP

Remarks

1

CTDM

City Development Ltd

10.04

9.92

 

10.16

CLOSED - Hit SL

2

EZRA

EZRA Holdings Ltd

1.40

1.33

 

1.47

Triggered - Current Price at 1.39

Stock Prices last updated at 17:11 (Singapore Time)


Summary of the Day

2564.77 is a strong support. 

Today's down is mostly dragged by financial stocks. Nonetheless, we are still on close lookout on Property Sector.