Morning Highlights

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:

  1. The Institute for Supply Management's index of non- manufacturing businesses increased to 59.7 from 59.4 in January.
  2. European Central Bank holds rate at 1.00%, and said an interest-rate increase may be needed to fight inflation.

Corporate Announcements:

  1. 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)