Our Focus for Today is on Mid Caps

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

GENS

Genting

0.92

0.845

 0.885

0.995

Overnight – Current Price at 0.99

2

ROTE

Rotary Engineering Ltd

1.2

1.06

1.34

 Overnight – Current Price at 1.24

3

BIOS

Biosensors International Group Ltd

0.615

0.56

0.67

4

BEST

Best World International Ltd

0.365

0.32

0.41
5 BANY Banyan Tree Holdings Ltd 0.795 0.695 0.775 0.895 PROFIT - CLOSED at 0.905
6 EZHL Ezion Holdings 0.815 0.74 0.89 Triggered – Current Price at 0.80
7 PNHG Pan Hong 0.635 0.565 0.69
8 HBEE Ho Bee Investment Ltd 1.36 1.25 1.47 Triggered – Current Price at 1.36
9 LIBH Lian Beng Group Ltd 0.355 0.32 0.39
10 STRL Straits Asia Resources Ltd 2.35 2.19 2.51 CANCELLED!!
11 DMXT DMX Technologies Group Ltd 0.325 0.285 0.365
12 YNAM Yongnam Holdings Ltd 0.32 0.29 0.35 Triggered – Current Price at 0.315
13 SINO Sinomem Technology Ltd 0.57 0.51 0.63 Triggered – Current Price at 0.56
14 CHOF CH Offshore Broke high of 0.565. Waiting for setups
15 NOBG Noble Group Ltd Broke high of 2.14. Waiting for setups
16 CXLX China XLX-Fertiliser Ltd 0.565 0.455 0.675
17 LKH Low Keng Huat Tested High of 0.345. Waiting for setups

Stock Prices last updated at 16:58 (Singapore Time)

Afternoon Highlights.

Ho Bee is going ex-dividends on this coming Thursday at 2 cents.

STI tested support at 2576.09. It did a “V” shaped recovery. There is a short term resistance at 2647.64

STI 15 min250809

In Summary

Today’s traded volume has achieved high of 3.64 billion. Market early recovery of losses signifies that it is resilient on the downside. Currently we are more concerned with the resistance at 2700.

 Quote of the Day

"We believe that according the name 'investors' to institutions that trade actively is like calling someone who repeatedly engages in one-night stands a 'romantic.'" - Warren Buffett