Singapore Stock Market Updates On 29/11/10
There Are No Quick Picks For Today!
STI started little unchanged at 3157.82 but dropped slightly in opening trades as Asian markets digest the news of an 85 billion euro rescue package for Ireland.
Watch Out For Economic News Today
- U.S Dallas Fed Manufacturing (Nov)
- Wilmar announced that it has completed its acquisition of Minsec Engineering Services Sdn. Bhd.
News Updates:
- U.S. Stocks dropped, extending a third straight weekly decline for the MSCI World Index, as tensions in Korea mounted and concern deepened that Europe's debt crisis will worsen.
- European Union finance ministers announce multifaceted aid package to ease Irish debt crisis; Irish bailout $112.5 billion
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 Last Week>
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 4.59 (Entered 12.10.10) | ||
2 | IFAR | Indofood Agri Resources | 2.70 | 2.23 | Overnight, Current Price at 2.68 (Entered 25.10.10) | ||
3 | FRNM | Fraser & Neave | 6.76 | 6.14 | Overnight, Current Price at 6.15 (Entered 09.11.10) |
Stock Prices last updated at 9:58 (Singapore Time)
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