Morning Highlights

There Are No Quick Picks For Today!

Singapore Stocks started easier following Wall Street's decline overnight as investors turned more risk averse due to fears that Ireland's debt problems could spread to the rest of Europe. STI dropped 3.93 points to open at 3186.99. Currently index is retreating further.

Watch Out For Economic News Today

  1. Singapore CPI (Oct)
  2. Germany & Eurozone PMI (Nov)
  3. U.S existing home sales (Oct)
Corporate Announcements
  1. Capitaland's subsidiary has acquired 75% interest in New Boundary Development Limited. The company was set up to undertake a potential real estate project in China.

News Updates:

  1. Banks led U.S. shares lower as federal agents searched hedge funds in an insider-trading probe.
  2. Boeing Co said on Monday it will buy Summit Aeronautics Group, which makes titanium and other hard metal structures for commercial and military aircraft.

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 4.69
(Entered 12.10.10)
2 IFAR Indofood Agri Resources 2.70 2.23   Overnight, Current Price at 2.61
(Entered 25.10.10)
3 FRNM Fraser & Neave 6.76 6.14   Overnight, Current Price at 6.25
(Entered 09.11.10)

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