Our Focus for Today is on China Stocks and Industrial Related Stocks.

 

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

CHEL

Chemoil Energy Ltd

0.51

0.455

 

0.565

USD Counter – Overnight, Current Price at 0.48

2

EZHL

Ezion Holdins

0.76

0.695

 

0.825

LOSS – CLOSED at 0.715

4

IFAR

Indofood Agri Resources Ltd

1.64

1.50

 

1.78

Overnight – Current Price at 1.78

6

SCMN

Sembcorp Marine Ltd

3.42

3.22

 

3.62

Pending Order

7

WLIL

Wilmar International Ltd

6.29

6.01

 

6.57

LOSS – CLOSED at 6.12

8

GENS

Genting

0.885

0.805

0.85

0.92

Triggered – Current Price at 0.895

Stock Prices last updated at 17:15 (Singapore Time)

 

In Summary

 

Market Sell Off after 14:15 (Singapore Time). Support can be seen at 2565.96, to refer to chart below. Stocks are trading in a very cautious sentiment. We are waiting for hints from the FOMC 2 days meeting.