Morning Highlights

There Are No Quick Picks For Today!

Singapore Shares started little changed as US markets were closed overnight for the Thanksgiving holiday. STI opens at 3163.31.

Watch Out For Economic News Today

  1. Singapore Industrial Production (Oct)
  2. Germany CPI (Nov)
Corporate Announcements
  1. Keppel has secured an order for a jackup rig worth US$180 million from Standard Drilling Ltd and options for additional two rigs of about US$550 million.
  2. Midas announced that it plans to set up a new production plant with aluminum alloy extrusion capacity of 30,000 tonnes per annum in the Liaouan City, PRC.
  3. Capitaland announced that its subsidiary has divested its entire 30% stake in Meridian Atlantic Sdn Bhd.

News Updates:

  1. China will shift its monetary policy to 'stable' from 'relatively loose' next year while conducting an active fiscal policy to maintain economic growth of at least 8 per cent in 2011, the official Shanghai Securities News reported on Friday, citing unidentified sources.
  2. China Modern Dairy opens at HK$2.78 vs. IPO $2.89

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 4.61
(Entered 12.10.10)
2 IFAR Indofood Agri Resources 2.70 2.23   Overnight, Current Price at 2.71
(Entered 25.10.10)
3 FRNM Fraser & Neave 6.76 6.14   Overnight, Current Price at 6.16
(Entered 09.11.10)

Stock Prices last updated at 10:12 (Singapore Time)