Morning Highlights

There Are No Quick Picks For Today!

Singapore market opened flat but moved slightly up to positive zone...

Next, Japan advanced for the first time in four days as oil prices fell and economic reports tempered worries about turmoil in the Middle East. Hong Kong also opened up on solid earnings.

Nonetheless, we maintain at sideline till further notice.

  • NOL rose as much as 2.5% after saying it plans to order more vessels, a local trader said...

News Updates:

  1. U.S. equities declined after the S&P/Case-Shiller index of home values in 20 cities fell 2.4% in December from the same month in 2009, the biggest 12-month decrease in a year.

Corporate Announcements:

  1. Indofood Agri reported 8.2% year-on-year decline in FY10 net profit to Rp1,402 billion.
  2. Olam's subsidiary in Congo has obtained Forest Stewardship Council certification of an additional 571k hectares of natural forest areas.
  3. Tiger Airways plans to purchase a 32.5% stake in South East Asian Airlines for US$6 million.

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 4.10(Entered 12.10.10)
2 IFAR Indofood Agri Resources 2.70 2.23   Overnight, Current Price at 2.30
(Entered 25.10.10)
3 STRL Straits Asia Resources 2.68 2.17   Overnight, Current Price at 2.35 
(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 09:38 (Singapore Time)