Morning Highlights

The market opened lower this morning and starts to climb up again after the pullback at around 10:30. We see a support at 2617.

 

Our Focus for Today is on Property Sector.

Here is a brief outlook of all the stocks that we are observing. 

  • For Property Sector – City Development, UOL Group, Wheelock, Allgreen, Hongkong Land and Keppel Land
  • For Ship & Marine Sector – Swiber and Sembcorp Marine
  • For CommodityStraits Asia, Wilmar and Olam
  • For Technology Sector – Chartered Semiconductor and Venture

 

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

CTDM

City Development Ltd

10.04

9.92

 

10.16

CLOSED – Hit SL

2

EZRA

EZRA Holdings Ltd

1.40

1.33

 

1.47

Triggered – Current Price at 1.39

Stock Prices last updated at 17:11 (Singapore Time)

 

Summary of the Day

2564.77 is a strong support. 

Todays down is mostly drag by Financial Stocks. Nonetheless, we are still on close lookout on Property Sector