Morning Highlights

Singapore market climbs slightly in early trading, with STI up 11.71 points to open at 3167.97. Wall Street shares gained overnight amid dealmaking in the technology sector.

Economic News Release For Thursday 12th May:

  1. Manufacturing Data of the U.K. and Eurozone
  2. Bank of England Inflation Report
  3. Australia Employment Data
  4. U.S. April Retail Sales and PPI Data
  5. The Monetary Policy Meetings of Bank Indonesia

Economic News Release For Friday 13th May:

  1. U.S. CPI Data
  2. The Monetary Policy Meetings of Bank of Korea 

Corporate Announcements:

  1. IndoFood's 90% owned Indonesian subsidiary PT Salim Ivomas Pratama will be launching an IPO in the second quarter.

News Updates:

  1. China's headline consumer price inflation slowed to 5.3% in the year to April from 5.4% in March, the National Bureau of Statistics (NBS) said on Wednesday.
  2. China on Tuesday pledged easier access for US companies to key sectors of its economy by removing barriers to its huge market in government contracts and offering a foothold to US mutual funds.

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.

Bullish Stocks (Singapore)

 

Symbol

Name

Entry

SL

TSL

TP

Remarks

1

HKLD

Hong Kong Land

7.54

7.26

 

7.82

  
2 SIAL Singapore Airlines Ltd 14.62 14.34 14.90  

Our Mid Terms Holdings : Bullish Stocks (Singapore)

 

Symbol

Name

Entry

SL

TSL

TP

Remarks

1

STRL

Straits Asia Resources Ltd

2.95

2.43

 

3.47

  

Stock Prices last updated at 11:26 (Singapore Time)