Singapore Stock Market Updates On 08/03/11
There Are No Quick Picks For Today!
Singapore market started on a flat note, with STI opened at 3063.58.
Watch Out For Economic News This Week:
- Today 08/03/11: U.S IBD/TIPP Economic Optimism (Mar)
- Thur 10/03/11: China Trade Balance (Feb), U.S Trade Balance (Jan)
- Fri 11/03/11: China PPI & CPI (Feb), U.S Advance Retail Sales (Feb)
News Updates:
- The Institute for Supply Management's index of non- manufacturing businesses increased to 59.7 from 59.4 in January.
- European Central Bank holds rate at 1.00%, and said an interest-rate increase may be needed to fight inflation.
Corporate Announcements:
- NOL announced its operating performance for Period 1, 2011, for which container volumes rose 5% versus a year ago.
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 4.24 (Entered 12.10.10) | ||
2 | IFAR | Indofood Agri Resources | 2.70 | 2.23 | Overnight, Current Price at 2.37 (Entered 25.10.10) | ||
3 | STRL | Straits Asia Resources | 2.68 | 2.17 | Overnight, Current Price at 2.48 (Entered 30.11.10) | ||
4 | SCMN | Sembcorp Marine | 5.19 | 4.49 | Overnight, Current Price at 5.70 (Entered 29.12.10) |
Stock Prices last updated at 09:48 (Singapore Time)
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