Morning Highlights

The Banks are weak.

 

Our Focus for Today is on Property & Commodity Sector.

 

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

WLIL

Wilmar International Ltd

5.83

5.63

5.86

6.03

Overnight – Current Price at 6.23

2

HKLD

Hongkong Land Holdings Ltd

4.00

3.84

 

4.16

Triggered – Current Price at 4.08

3

CTDM

City DevelopmentLtd

10.12

9.81

9.93

10.43

Overnight – Current Price at 10.28

4

SCMN

Sembcorp Marine Ltd

3.15

2.97

 

3.33

Triggered – Current Price at 3.18

5

NEPS

Neptune Orient Lines Ltd

1.73

1.62

 

1.84

Triggered – Current Price at 1.76

6

SCIL

Sembcorp Industries Ltd

3.30

3.14

 

3.46

Triggered – Current Price at 3.31

7

DBSM

DBS Group Holdings

13.98

13.6

 

14.36

 

8

AGRN

Allgreen Properties Ltd

1.28

1.17

 

1.39

 

9

HBEE

Ho Bee Investment Ltd

1.16

1.04

 

1.28

 

10

YNLG

Yanlord Land Group Ltd

2.78

2.62

 

2.94

 

Stock Prices last updated at 17:06 (Singapore Time)

 In Summary

Bullish Sentiment is rising.  Nonetheless, we see  a resistance at 2696.35. Avoid entering positions when index approaches near the resistance.