Morning Highlights

There Are No Quick Picks For Today!

Singapore market opened higher as lifted by Wall Street's overnight surge, with STI up 19.89 points to 3201.83.

Wall Street posted its biggest gains in three months overnight on talk of bold steps to resolve the EU's debt crisis…

Watch Out For Economic News Today

  1. Euro-zone 3Q GDP
  2. ECB Interest Rates Announcement
  3. U.S Fed Beige Book
Corporate Announcements
  1. Cosco's subsidiary has secured contracts valued over USD110mn to build 3 bulk carriers of 82,000 dwt each.
  2. Noble announced that it received revolving loan facilities worth $2.54 billion from a syndication of banks.

News Updates:

  1. Japanese shares climbed Thursday morning in Tokyo as a rally on Wall Street and a weaker yen buoyed exporters stocks, prompting the Nikkei Stock Average to touch its highest intraday level in more than 5 months. The Nikkei Stock Average rose 1.6% to 10,150.43 after rising as high as 10,187.59, a level not seen since June 21
  2. Australia's trade surplus rose to 2.45 billion Australian dollars ($2.36 billion) in October, from A$2.42 billion in September, data from the Australian Bureau of Statistics showed Thursday.
  3. Australian retail turnover down 1.1% in October

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>

Our Mid Terms Holdings : Bullish Stocks (Singapore)

 

Symbol

Name

Entry

SL

TSL

TP

Remarks
1 KPLD Keppel Land 4.19 3.95 Overnight, Current Price at 4.89
(Entered 12.10.10)
2 IFAR Indofood Agri Resources 2.70 2.23   Overnight, Current Price at 2.79
(Entered 25.10.10)
3 STRL Straits Asia Resources 2.68 2.17   Overnight, Current Price at 2.78 
(Entered 30.11.10)

Stock Prices last updated at 09:23 (Singapore Time)