Morning Highlights

Singapore market starts to trade higher after Wall Street rise, with STI up 16 points to 3157.83…

Please note that Singapore market will be opened for just the morning session on this Friday 

Watch Out For Economic News Today

  1. U.S Annualised GDP (3Q)
  2. U.S Existing Home Sales (Nov) 
Corporate Announcements
  1. Sembcorp Marine’s subsidiary, Jurong Shipyard secured US$400 million contract to build two premium jackup rigs with options for another four rigs from Noble Corporation that could lift the total value to US$1.2 billion.
  2. Wilmar announced that it will invest $134 million in a joint venture with Kerry Properties (China) Limited and Shangri-La China Limited.

News Updates:

  1. Japan Nov exports rise 9.1%

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 KEHS Kim Eng Holdings Ltd 2.49 2.30 2.68

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 4.57
(Entered 12.10.10)
2 IFAR Indofood Agri Resources 2.70 2.23   Overnight, Current Price at 2.75
(Entered 25.10.10)
3 STRL Straits Asia Resources 2.68 2.17   Overnight, Current Price at 2.46 
(Entered 30.11.10)

Stock Prices last updated at 9:38 (Singapore Time)