Morning Highlights

There Are No Quick Picks For Today!

Singapore stocks traded lower, market is still weak and unstable...

News Updates:

  1. Fed policy makers projected U.S. inflation-adjusted gross domestic product will rise 3.4% to 3.9% this year, compared with November forecasts of 3% to 3.6%.
  2. China Jan FDI rises 23.4% to US$10 billion.
  3. Singapore's economy could grow up to 10.1% in the first quarter, according to leading indicators from the latest BT-UniSIM Business Climate Survey.

Corporate Announcements:

  1. NOL reported FY10 net profit of $461mn compared to a net loss of $741 million last year.
  2. Keppel Corp secured a contract worth approximately US$380 million from Transocean to build two jackup rigs.
  3. SGX enhanced its suite of American Depositary Receipts (ADRs) by adding 3 new companies and partnering a 2nd depositary bank.

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 4.31(Entered 12.10.10)
2 IFAR Indofood Agri Resources 2.70 2.23   Overnight, Current Price at 2.51
(Entered 25.10.10)
3 STRL Straits Asia Resources 2.68 2.17   Overnight, Current Price at 2.45 
(Entered 30.11.10)
4 SCMN Sembcorp Marine 5.19 4.49   Overnight, Current Price at 5.19
(Entered 29.12.10)

Stock Prices last updated at 10:55 (Singapore Time)