Morning Highlights

There Are No Quick Picks For Today!

Expect a choppy session as certainties arose amid Europe’s debt woes and on following last week's artillery attack by North Korea on a South Korean island.

Nonetheless, we deem that market is likely to withhold above 3100. We’ll keep to the sideline for further observation.

  • Watch out for Straits Asia

Watch Out For Economic News Today

  1. U.S Consumer Confidence (Nov)
Corporate Announcements
  1. Cosco's subsidiary delivered a 30,000 dwt multipurpose heavy carrier to its buyer.

News Updates:

  1. The US Troubled Asset Relief Program, which risked up to US$700 billion of government funds to bail out troubled banks and automakers, will cost taxpayers a mere US$25 billion, according to an estimate released on Monday by the nonpartisan Congressional Budget Office.
  2. China central banker calls for tighter policy

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 4.74
(Entered 12.10.10)
2 IFAR Indofood Agri Resources 2.70 2.23   Overnight, Current Price at 2.69
(Entered 25.10.10)
3 FRNM Fraser & Neave 6.76 6.01   Overnight, Current Price at 6.08
(Entered 09.11.10)

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