Morning Highlights

There Are No Quick Picks For Today!

Singapore market started slightly higher with STI up 7.63 points to 3166.99. Nonetheless, market is expected to be quiet ahead of the New Year holiday.

News Updates:

  1. Japanese Finance Minister Yoshihiko Noda warned on Tuesday against creeping rises in the yen, saying he is ready to act decisively against any rapid moves as a stronger yen threatens to damage a fragile export-led economy…
  2. Japanese factory output rose for the first time in six months in November and manufacturers expect to boost output in coming months, suggesting that firm Asian demand will help the economy resume a recovery.
  3. The operator of the Nasdaq stock market is in talks with the Osaka Securities Exchange, the smaller of Japan's two main bourses, about jointly setting up a new exchange in 2012 and possibly a new 24-hour trading platform, according to Japanese reports Tuesday

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 Last Week>

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 4.65
(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 2.47 
(Entered 30.11.10)

Stock Prices last updated at 12:21 (Singapore Time)