Morning Highlights

Singapore market started steady after a Wall Street advanced overnight with STI opened at 3211.11, up 3.2 points. 

News Updates:

  1. China’s purchasing managers’ index for December slowed to 54.4 in December, above the threshold of 50 that separates expansion from contraction, but below the reading of 55.3 in November and 54.8 in October, according to the data, compiled by Markit.

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 KEHS Kim Eng Holdings Ltd 2.49 2.40 2.68

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 4.83
(Entered 12.10.10)
2 IFAR Indofood Agri Resources 2.70 2.23   Overnight, Current Price at 2.80
(Entered 25.10.10)
3 STRL Straits Asia Resources 2.68 2.17   Overnight, Current Price at 2.49 
(Entered 30.11.10)
4 SCMN Sembcorp Marine 5.19 4.49   Overnight, Current Price at 5.31
(Entered 29.12.10)

Stock Prices last updated at 12:04 (Singapore Time)