Morning Highlights

Singapore market started positively, with STI opened at 3214.41.  Please note that market will be shut for the afternoon session today.

  • Singapore November bank lending up 1.7% from October

News Updates:

  1. Shares of Singapore-listed fabric maker China Gaoxian rose as much as 5% on Friday to its record high after it said it hoped to price its Korea depository receipts (KDR) at a premium to its Singapore stock price.

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 LOSS – CLOSED at 2.45 (stock is losing momentum)

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 4.84
(Entered 12.10.10)
2 IFAR Indofood Agri Resources 2.70 2.23   Overnight, Current Price at 2.83
(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 5.40
(Entered 29.12.10)

Stock Prices last updated at 10:29 (Singapore Time)