Morning Highlights

There Are No Quick Picks For Today!

Singapore stocks rose slightly higher with STI up 17.29 points to open at 3228.41.

News Updates:

  1. U.S. Unemployment Rate unexpectedly declined to 9% last month from 9.4% in December.
  2. U.S. Employment rose by 36,000 workers, the smallest gain in four months, after a 121,000 rise in December that was larger than initially reported.
  3. Judge orders United Fiber to pay China National Machinery & Equipment Import & Export Corporation (CMEC) US$19.7 million debt

Corporate Announcements:

  1. SGX, Bursa Malaysia, the Philippine Stock Exchange and the Stock Exchange of Thailand said that the design study of the technology framework for the ASEAN Trading Link has been competed. Shortlisted vendors have been invited to tender.

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 4.47(Entered 12.10.10)
2 IFAR Indofood Agri Resources 2.70 2.23   Overnight, Current Price at 2.62
(Entered 25.10.10)
3 STRL Straits Asia Resources 2.68 2.17   Overnight, Current Price at 2.69 
(Entered 30.11.10)
4 SCMN Sembcorp Marine 5.19 4.49   Overnight, Current Price at 5.39
(Entered 29.12.10)

Stock Prices last updated at 10:05 (Singapore Time)