Morning Highlights

Singapore Shares supported by Wall Street overnight gains edge up, with STI up 12.79 points to open at 3248.56.

  • Olam broke 3.24

Watch out for Economic News Today:

  • Singapore Electronics Sector Index (Dec)

News Updates:

  1. U.S December ISM Manufacturing rose to 57 from 56.6 in November. Construction spending increased 0.4% in November, Commerce Department figures showed today

Corporate Announcements:

  1. OCBC announced the completion of the merger of PT Bank OCBC Indonesia and PT Bank OCBC NISP TBK.

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 4.82
(Entered 12.10.10)
2 IFAR Indofood Agri Resources 2.70 2.23   Overnight, Current Price at 2.90
(Entered 25.10.10)
3 STRL Straits Asia Resources 2.68 2.17   Overnight, Current Price at 2.66 
(Entered 30.11.10)
4 SCMN Sembcorp Marine 5.19 4.49   Overnight, Current Price at 5.35
(Entered 29.12.10)

Stock Prices last updated at 10:54 (Singapore Time)