Morning Highlights

The Banks are weak.


Our Focus for Today is on Property & Commodity Sector.

 

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

WLIL

Wilmar International Ltd

5.83

5.63

5.86

6.03

Overnight – Current Price at 6.23

2

HKLD

Hongkong Land Holdings Ltd

4.00

3.84

 

4.16

Triggered – Current Price at 4.08

3

CTDM

City Development  Ltd

10.12

9.81

9.93

10.43

Overnight – Current Price at 10.28

4

SCMN

Sembcorp Marine Ltd

3.15

2.97

 

3.33

Triggered – Current Price at 3.18

5

NEPS

Neptune Orient Lines Ltd

1.73

1.62

 

1.84

Triggered – Current Price at 1.76

6

SCIL

Sembcorp Industries Ltd

3.30

3.14

 

3.46

Triggered – Current Price at 3.31

7

DBSM

DBS Group Holdings

13.98

13.6

 

14.36

 

8

AGRN

Allgreen Properties Ltd

1.28

1.17

 

1.39

 

9

HBEE

Ho Bee Investment Ltd

1.16

1.04

 

1.28

 

10

YNLG

Yanlord Land Group Ltd

2.78

2.62

 

2.94

 

Stock Prices last updated at 17:06 (Singapore Time)


In Summary

Bullish Sentiment is rising.  Nonetheless, we see  a resistance at 2696.35. Avoid entering positions when index approaches near the resistance.