Singapore Stock Market Updates On 09/02/11
There Are No Quick Picks For Today!
Singapore stocks are mostly lowered, with STI down 7.09 points to open at 3178.27. Other Asian markets are also adversely affected with China property shares dropping on policy-tightening fears after Beijing's rate hike late, while many major Asian energy stocks also fall. Hong Kong drop on property…
News Updates:
- China raised lending and deposit rates for the third time since mid-October after growth accelerated and inflation remained above 4% for a third month.
Corporate Announcements:
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SGX said that volumes achieved by its derivatives market and OTC clearing business increased in January from a year earlier.
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 4.28(Entered 12.10.10) | ||
2 | IFAR | Indofood Agri Resources | 2.70 | 2.23 | Overnight, Current Price at 2.59 (Entered 25.10.10) | ||
3 | STRL | Straits Asia Resources | 2.68 | 2.17 | Overnight, Current Price at 2.57 (Entered 30.11.10) | ||
4 | SCMN | Sembcorp Marine | 5.19 | 4.49 | Overnight, Current Price at 5.29 (Entered 29.12.10) |
Stock Prices last updated at 14:57 (Singapore Time)
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